Launches & Closures People Moves

Theorema founder Antonaci plots return


Theorema Asset Management co-founder Emanuele Antonaci is poised to make a comeback to the hedge fund industry after a two-year break, with plans to launch a new long/short pan-European equity fund.

Emanuele Antonaci

Antonaci, who spent many years as a European equity analyst and then a portfolio manager with Fidelity, spent a brief period in partnership with the Gabelli group before forming the European long/short equity shop Theorema in 2001 together with ex-Goldman man and former Gabelli colleague Giov anni Govi.

They built the firm from initial assets of just a few million euros at the