Home  |  Sitemap

Press Releases

Back to Press Releases

PVE Capital – Hedgeweek Best Multi-Strategy Manager 2011

Release Date: March 29, 2011

Quintillion fund administration is pleased to announce that PVE Capital has been named best Multi-Strategy manager in the 2011 Hedgeweek awards.

PVE Capital is a European-based hedge fund manager and adviser established in June 2009 by Gennaro Pucci, Joe Vittoria and Christian Evans. Launched in October 2009, the Matrix PVE Global Credit Fund uses a macro approach to trading credit markets.

Founding partner and chief investment officer Pucci has a successful five-year track record managing credit funds and is the fund’s portfolio manager. Key service providers include Credit Suisse as broker, Quintillion as administrator and Daiwa Europe Securities as custodian.

The Dublin-domiciled fund, which employs a standard 2 and 20 fee structure, returned 21.95 per cent in 2010 and has seen its assets grow to EUR150m. Unsurprisingly, given the firm’s views on the eurozone sovereign debt crisis, the fund delivered exceptional returns while exhibiting a strong negative correlation to other markets and asset classes, including -0.75 to the FTSE 100.

Click here for the full feature: Hedgeweek