Lyxor Americas Launches Innovative Alternative Investment Co-Investment Program for Institutional Investors
18 Apr, 2019, 09:00 ET
NEW YORK, April 18, 2019 /PRNewswire/ -- Lyxor Asset Management Inc. ("Lyxor Americas"), an indirect subsidiary of Paris-based Lyxor Asset Management S.A.S. ("Lyxor"), today announced the launch of a new program enabling institutional investors to participate in stand-alone co-investment and selective hedge fund opportunities presented to Lyxor Americas by third-party managers. To date, Lyxor Americas' new co-investment program (the "Program") has received more than $300 million in capital from external investors.
Opportunities available through the Program are expected to include high conviction, concentrated, and/or bespoke investments offered outside of a manager's other funds. Investors participating in the Program can review and invest in individual opportunities arising from Lyxor's relationships with approximately 100 hedge fund managers. This "opt-in" investment program allows participating investors to evaluate each unique investment opportunity. Each proposed opportunity will have successfully completed a formal investment, risk and operational due diligence process by Lyxor Americas prior to being made available through the Program.
Andrew Dabinett, CEO of Lyxor Americas, said: "Co-investments are playing an increasingly significant role in institutional investors' pursuit of alpha and absolute returns. Lyxor, with its 20-year history of managing hedge fund portfolios, has built a far-reaching global network of partnerships with managers and we are well positioned to access and evaluate co-investment and bespoke opportunities for our clients in a thorough, timely, and cost-effective manner."
Kunjal Shah, Global Head of Hedge Fund Research at Lyxor Americas, said: "We believe today's markets provide many exciting investment opportunities, particularly in emerging markets that remain undervalued. As the economic cycle continues to age in developed markets, we anticipate more opportunities from corporate events affecting the structure of companies."
Lyxor has a long history of innovation in hedge fund investments. The firm was among one of the first to offer transparent, liquid hedge fund managed accounts in 1998 and today manages an extensive platform of commingled and dedicated account services.
About Lyxor Americas
Lyxor Asset Management Inc. ("Lyxor Americas") is headquartered in New York and is an indirect subsidiary of Lyxor Asset Management S.A.S., the Paris-based global investment manager with more than $150 billion under management and advisory. Lyxor Americas was established in 1999 and is comprised of alternative investment research, due diligence, risk, portfolio management, structuring, and business development teams providing fiduciary management services and helping clients allocate to alternative strategies more effectively. The team combines extensive hedge fund investment expertise and leading managed account and structuring capabilities to develop alternative investment solutions customized for client needs.
SOURCE Lyxor Asset Management
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