Hermes BPK Partners has teamed with Seattle-based private equity company Northern Lights Capital Group to create a hedge fund early-stage investment vehicle.
Known as the Accelerator Fund, the vehicle has an initial $250 million from institutional investors to use to help start-up hedge fund managers grow.
The fund's first allocation is to the Taurasi Capital Master Fund, a long/short credit hedge fund run by Taurasi chief investment officer Mark Melchiorre.
Melchiorre, the former head of credit
The week on Risk.net, July 14–20, 2017Receive this by email