Nexar Capital, a New York-based global investment management firm, has launched its services and an investment from funds managed by Aquiline Capital Partners, a New York-based private equity firm.
Reportedly, the firm was founded by professionals who built a hedge fund business at Societe Generale asset management alternative investments, led by Arie Assayag, CEO; Eric Attias, chief investment officer; and Bernard Kalfon, head of volatility strategies.
Nexar Capital expects that its association with Aquiline will support the expansion of its investment platform, global distribution network and investor service capability, as well as fund strategic acquisitions.
The company said that its clients can have access to a range of funds of hedge funds, volatility arbitrage hedge funds and client-specific hedge fund portfolios. It has added that its team will generate substantial alpha for clients with different liquidity requirements and is differentiated by its investment and risk management processes, and its ability to tailor solutions to client-specific investment needs.
Additionally, the partners at Nexar include a team of professionals who previously worked together: Paulo Baia, head of research; Douglas Siekierski, chief operating officer; Patrick Palffy, chief operating officer – Europe; Jason Lovelace, chief risk officer; and Corinne Andre, head of sales – Europe.
Mr. Assayag said: “As an independent company, Nexar has a long-term approach that aligns our interests with those of our clients and allows us to provide them with superior investment management. Aquiline’s depth of investment management experience immediately gives us the strength and stability of an institutional platform, thus making Aquiline an ideal partner as we build our business.”
Jeff Greenberg, chief executive of Aquiline, said: “Nexar’s team built its strong reputation in the industry through its success in growing and managing a leading hedge fund business. Recent market turmoil has underscored the importance of transparency, liquidity and true alpha generation, which are core elements of Nexar’s approach.”
