TORONTO, April 30, 2012 /CNW/ - Alternative Investment Partners Inc., AIP-Kingsmont Fund I GP and Kingsmont Investment Management Inc. (together, "AIP-Kingsmont") was asked to take over as the new General Partner and Portfolio Manager ("Fund") from a prominent asset manager with over $1 Billion in Assets.
The new Fund will have a Global Macro mandate with over $50 Million in committed capital focused on a broad range on global securities including but not limited to: distressed debt, secondary bank debt, FX, CDS, commodities, synthetic securities and other financial instruments utilizing various investment strategies.
Core focus of the Fund and the theme for the next few quarters will be private or public equity and debt to small and micro cap companies in North America as well as secondary bank debt acquisitions globally and synthetic securities.
For further information:
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