Opalesque – Launching in July 2007 with internal funds and the strength of a single seed donor New York-based MM Capital waded directly into the oncoming financial crisis with $6m in assets under management.
In the midst of historic industry wide asset declines the firm has managed to raise their asset levels to approach $50m (up 700%), and serves as a reminder amidst the asset raising doom and gloom that solid performance does indeed draw investor attention.