Hedge Funds
European emerging manager specialist NewAlpha Asset Management has inked a seeding agreement with Frankfurt-based alternative investment manager Prime Capital AG.   Founded in 2006, Prime Capital specializes in absolute return, infrastructure and private debt strategies, according to a statement, and manages approximately €5.4 billion in assets. Under the terms of the seeding arrangement, NewAlpha will invest a significant amount of capital in Prime Capital’s Gateway Target Beta UCITS Fund through a dedicated vehicle that is structured and managed on behalf of large European institutional investors.  The fund aims to provide returns similar to certain diversified hedge fund indices that invest...