The fund incubator says it is looking to add to its range of partner firms, notably focused on Greater China, after taking a 35% stake in Sydney-based Morphic Asset Management.
Hedge funds that receive early-stage investment are ironically the ones deemed as being the most attractive to investors, say seeders and funds of funds.
The Australian alternatives seeding firm takes a 30% stake in a Singapore-based hedge fund manager set up by former Morgan Stanley and Pimco executives.