Funds of Hedge Funds

Peak founders launch Areca


Ernesto Prado and Son Nguyen, co-founders of Peak Partners and former alumni of Harcourt, have resurfaced to form Areca Investment Management. The first product on the table is the Areca Value Discovery Fund, which will blend fundamental deep value credit strategies with fixed-income trading strategies. Prado, who is managing partner and chief investment officer, said: "The reverse side of the coin of the ongoing credit crisis is that the best opportunities for investment in a generation are emerging for the savvy investor."

Ernesto Prado

About 70% to 80% of the portfolio will be invested in low