Vallea Capital launches long/short fund

The fund will exploit long and short-term opportunities through investments in fixed-income, foreign exchange and global stock indices. Managers will aim to reserve capital and manage risks associated with adverse financial markets through diversification and hedging, said Vallea Capital. Endeavouring to raise $100m in the first 12 months, the fund is co-managed by Alessandro Palmarella and Pascal Monnerat, who have worked together at the fund advisory company, BelleVue Conseils Sàrl for eight years. Monnerat, director at BelleVue Conseils Sàrl, said: “Our extensive experience, which h...