ADI moves into incubation

The French alternative investment company is managing €5.8bn of assets

ADI, the French alternative investment manager, has a sentimental reason to join the club of hedge fund managers that seed new entrants.

Nicolas Gomart, chief executive to NewAlpha Advisers, ADI's new hedge fund incubation subsidiary, said: "ADI began life as an incubated company. It is one reason we have set up an incubator ourselves."

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