International Business Times – Advanced Capital, the leading European alternative investment specialist, headed up by innovative financier Robert Tomei, and award winning European hedge fund incubator, IMQubator, has announced a €50million joint seed investment into the new mCapital European & Asian Special Situations Fund.
Launched on 11 February 2011, the mCapital fund offers a niche investment strategy with a focus on dynamic small to medium size special situations with a focus on distressed assets. The mCapital investment team is lead by Mark Devonshire, former head of Merrill Lynch’s Hong Kong and London Principal Credit Group.
