Mariner Investment Group, a New York-based hedge fund manager, has introduced a multi-strategy Mariner Incubation Fund.
The Mariner Incubation Fund, currently a fund-of-one, will fund talent in areas that the firm considers investment opportunities and give Mariner a new, efficient structure for incubating new managers.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
With the new multi-strategy fund, Managers will be able to oversee portfolios with initial investments ranging from US$50 million to US$100 million on behalf of the fund.
Additionally, Eric Pellicciaro, former head of global rates investments at BlackRock, has joined Mariner to manage a global macro portfolio, called Alarium Mariner Global Macro, within the new Mariner Incubation Fund.
The Alarium Mariner portfolio will use a global macro strategy that draws on Pellicciaro’s 17 years of experience in fundamental macro and fixed income investment management.
In the future, Mariner also plans to launch the Alarium Global Macro Fund as a stand-alone fund to be managed by Pellicciaro.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataMariner CEO, Bracebridge Young, said: "The Mariner Incubation Fund builds on Mariner’s long history of attracting top industry talent, like Eric, and provides them with access to our global base of large institutional and sovereign wealth clients and retail distributors, in addition to the safeguards and infrastructure they need to succeed.
"Eventually, we anticipate developing new funds for a number of the portfolio managers who will be part of the Mariner Incubation Fund."
