Hedge Fund Incubator Adds To Portfolio |
Date: Thursday, August 14, 2008
Author: FINalternatives
U.K.-based hedge fund incubator PCE Investors has reportedly added four new managers to its stable.
Three of the new managers are private equity funds, Financial News reports. The firm boasts a laundry list of predominantly hedge fund managers and has had only one p.e. shop as a client, London’s CD Capital.
George Cadbury, PCE’s president, declined to comment on the new inclusions, citing compliance issues.
In an earlier interview with FINalternatives, Cadbury said one of its main areas of focus is India because of its recently acquired foreign institutional investor registration with the Securities and Exchange Board of India.
“Our most recent product is an Indian macro fund, which we will be raising exposure for in September,” he said.
The firm this month launched PCE USA and has identified two senior professionals in the hedge fund community “who are keen to transport our message to the U.S.”
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