First Avenue Partners, a hedge fund advisory firm based in New York and London, is raising money for a new multi-strategy fund of hedge funds investment vehicle that will focus on Brazilian managers. The fund, which will be managed by Brazilian investment boutique Arsenal Investimentos, plans to raise $300 million.
The Arsenal fund provides investors with access to offshore and onshore Brazilian hedge fund managers active in Brazilian financial instruments. It aims for minimum returns of 15%, with strategies including...
