EUROPE/US - Hermes BPK Partners, the hedge fund investment arm of institutional manager Hermes, is to support and seed hedge fund businesses as the climate for start-ups in the $2trn industry re-emerges.
The $1.6bn unit of Hermes will identify promising managers and provide "strategic business support", via a platform it is establishing with $11bn US private equity firm Northern Lights Capital Grou...
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