Aventicum Capital, a joint venture between Credit Suisse and Qatar Holding that launched last year, plans to make a seed investment in a new European long/short equity hedge fund.
The Geneva-based hedge fund will be run by an eight-strong team led by Luca Mengoni, the former chief investment officer at hedge fund Pioneer Alternative Investments, and will launch before the end of the year. Six out of the eight people on the team previously worked together at Pioneer.