Laurent Constanty and Fabien Baetz to launch Reaching Value LLP hedge fund

December 15th, 2014
| More
Laurent Constanty and Fabien Baetz recently announced that they have formed Reaching Value LLP and are in the process of launching its flagship hedge fund, the Reaching Value and Opportunities Fund.

Reaching Value LLP will launch with $20M of the founders own capital, while targeting to raise an additional $100M from outside investors, according to Reuters.

Laurent Constanty and Fabien Baetz previously worked together at the UBS Group in the bank’s Structured Solutions group. Constanty left UBS late last year, after spending nearly 6 years at the bank.

Following its launch, Reaching Value LLP will be eligible to joins it fellow recently launched hedge funds on Hedge Tracker’s Top Emerging Manager List. The Top 50 Emerging Managers on the list are having another strong year, having seen their assets jump 30% year-to-date.
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Hedge Fund Jobs, Hirings and Firings; Hedge Fund Launches and Hedge Fund Closings

More Recent Headlines

New York Area Hedge Funds Amass $780 billion; Manhattan still the epicenter

Largest Technology, Media & Telecom hedge funds manage $130 billion; Coatue Capital reclaims top spot from Lone Pine Capital

Top Healthcare & Biotech Hedge Funds manage $95 Billion, Glenview Capital reclaims crown as Viking Retreats

California’s Hedge Fund Gold Rush Stalls, Top Hedge Fund Assets fall just below $88 Billion

DE Shaw remains king; Renaissance and Icahn record double digit declines

GLG Partners names Neil Mason as Manager of its European Hedge Fund

Soo Kim and David Glazek’ Standard General Out to Fix Radio Shack & American Apparel

Ziad Tabet, Jabre Capital veteran, to Launch Event-Driven focused Amakor Capital Management

Graduates of Top MBA Programs Sold $2.5 billion of Stock during Q3

David Einhorn’s Greenlight Capital Reopens Gates to Existing and New Investor Capital