Emergence and NewAlpha Asset Management announce the fifth and final incubation partnership between the French managers-only seeding fund ‘Emergence Performance Absolue’ and BlueHive Capital.
Like its previous two investments, Emergence invested at the inception of the BlueHive Opportunities – Global Alpha, giving it an institutional visibility and sufficient size to meet the needs of French and international institutional investors.
Authorized under the new AIFM Directive, this new fund invests in various Event Driven strategies, including 'Special Situations' and 'M&A situations’.
The investment process, which has been successfully implemented since 2005 at Natixis CIB by BlueHive’s founding partners, researches continuously investment opportunities in listed companies. Combined with an innovative portfolio structuring and a rigorous risk control, the fundamental analysis of specific company catalysts such as M&A, Asset Sale, Spin-off or Management Changes, has generated in the past stable returns in various market environments.
BlueHive’s unique approach is based on the ability of the investment team to optimize their views by encompassing and trading every financial instrument of the capital structure (equity, volatility and credit).
Approved by the AMF in early 2014, BlueHive Capital was created by Sébastien Boucher, Alexandre de Sagazan and Cyril Slama. Since, they have been joined by four other experienced professionals who were part of the team led by Sébastien Boucher within the Equity Derivatives team at Natixis CIB from 2005 to 2012.
On top of the expected return of the five seeded funds, the leading French investors present in the seed vehicle, benefit from the growth of these innovative start-up managers and contribute to the recognition of their unique expertise in France and abroad.
With the sub-fund ‘Performance Absolue’ now fully invested, Emergence and NewAlpha are focusing on launching a second seed fund, specializing in European and French equities.