1 Jun 2011
NewAlpha Asset Management, the Paris-based global hedge fund incubation specialist, has announced its 16th strategic investment with PAMLI Capital Management LLC, a New York-based hedge fund management firm focused on global credit investments with assets under management in excess of $100 million.
PAMLI was founded by Faisal Syed, former Portfolio Manager of Highbridge Capital’s Credit Relative Value strategy and Co-Portfolio Manager of Highbridge’s Fixed Income Opportunity Fund. At Highbridge, Syed managed peak combined assets of $1.2 billion and generated positive annual returns every year from 2006 to 2009. Prior to joining Highbridge, Syed worked in proprietary trading groups at JPMorgan and Credit Suisse.
PAMLI implements actively managed relative value, long/short and directional strategies in credit-based asset classes, including corporate securities, emerging market sovereign debt, and structured credit products.
NewAlpha invested through its recently launched seeding investment vehicle, a closed-end fund dedicated to institutional investors seeking exposure to early stage managers.
PAMLI was founded by Faisal Syed, former Portfolio Manager of Highbridge Capital’s Credit Relative Value strategy and Co-Portfolio Manager of Highbridge’s Fixed Income Opportunity Fund. At Highbridge, Syed managed peak combined assets of $1.2 billion and generated positive annual returns every year from 2006 to 2009. Prior to joining Highbridge, Syed worked in proprietary trading groups at JPMorgan and Credit Suisse.
PAMLI implements actively managed relative value, long/short and directional strategies in credit-based asset classes, including corporate securities, emerging market sovereign debt, and structured credit products.
NewAlpha invested through its recently launched seeding investment vehicle, a closed-end fund dedicated to institutional investors seeking exposure to early stage managers.
