La Fayette Investment Management (U.K.) launched a new niche hedge fund of funds that invests in global macro strategies.
The company seeded the new fund with corporate capital, according to a news release.
Andre Pierre Visser, La Fayette’s founder, chairman and CIO, manages the new fund of funds. Mr. Visser and his team currently are allocating assets to seven underlying global macro managers using discretionary, systematic and volatility strategies. The fund’s initial capacity limit is $500 million.
