{"id":37334,"date":"2013-08-12T12:28:31","date_gmt":"2013-08-12T16:28:31","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=37334"},"modified":"2013-08-12T12:40:58","modified_gmt":"2013-08-12T16:40:58","slug":"hedge-fund-seeder-investcorp-applauds-prosiris-on-surpassing-1-billion-in-assets","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2013\/hedge-fund-seeder-investcorp-applauds-prosiris-on-surpassing-1-billion-in-assets.html","title":{"rendered":"Hedge Fund Seeder Investcorp Applauds Prosiris On Surpassing $1 Billion In Assets"},"content":{"rendered":"<p><a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2013\/08\/download.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-37344\" alt=\"download\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2013\/08\/download.jpg\" width=\"209\" height=\"241\" \/><\/a>New York (HedgeCo.Net) &#8211; Hedge fund giant Investcorp has struck gold again by seeding Prosiris Capital Management LLC, a credit-oriented investment manager\u00a0founded by\u00a0Reza Ali.<\/p>\n<p>Prosiris has now surpassed $1 billion in assets under management, Investcorp\u00a0provided Prosiris with an initial seed investment and served as the investment manager for its flagship fund.<\/p>\n<p>&#8220;We seeded Reza in 2011 because we knew he was one of the most experienced and proven managers of complex credit and structured finance investing,&#8221; said Nick Vamvakas, head of development for Investcorp&#8217;s single manager platform. &#8220;We congratulate him and his team at Prosiris on this tremendous milestone and look forward to continuing our successful partnership.&#8221;<\/p>\n<p>Investcorp had monitored the performance and operations of the fund and provided marketing services. Since inception, Prosiris, as investment adviser, has had responsibility for the strategy, trading and operations of the fund. Effective July 1st, Prosiris assumed all functions previously performed by Investcorp. Investcorp continues its seeding relationship and remains a strategic investor in the fund.<\/p>\n<p>Alex Akesson<br \/>\nEditor for\u00a0<a title=\"hedge funds\" href=\"http:\/\/www.hedgeco.net\/\">HedgeCo.net<\/a><br \/>\n<a href=\"mailto:alex@hedgeco.net\">alex@hedgeco.net<\/a><br \/>\n<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\/\">HedgeCo.Net<\/a>\u00a0is a premier\u00a0<a title=\"hedge fund database\" href=\"http:\/\/www.hedgeco.net\/\">hedge fund database<\/a>\u00a0and community for qualified and accredited investors only. Membership in\u00a0<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\/\">HedgeCo.net<\/a>\u00a0is FREE and EASY. We also offer FREE LISTINGS for\u00a0<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\/\">Hedge Funds<\/a>!<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.Net) &#8211; Hedge fund giant Investcorp has struck gold again by seeding Prosiris Capital Management LLC, a credit-oriented investment manager\u00a0founded by\u00a0Reza Ali. Prosiris has now surpassed $1 billion in assets under management, Investcorp\u00a0provided Prosiris with an initial seed [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,16042,3],"tags":[],"class_list":["post-37334","post","type-post","status-publish","format-standard","hentry","category-activist-funds","category-hedge-fund-performance-2","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/37334","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=37334"}],"version-history":[{"count":3,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/37334\/revisions"}],"predecessor-version":[{"id":37337,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/37334\/revisions\/37337"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=37334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=37334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=37334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}