Kiwi angel seeds hedge fund....

Opalesque London: Australia-based Hatfield Liptak Advisors’ October newsletter informed us that New Zealand angel investment firm Movac had taken an equity stake in a unnamed hedge fund.

An angel investor or angel (known as a business angel or informal investor in Europe), is an affluent individual who provides capital for a business start-up, usually in exchange for convertible debt or ownership equity. A small but increasing number of angel investors organize themselves into angel groups or angel networks to share research and pool their investment capital

Opalesque found that the hedge fund in question was Crema, a US denominated hedge fund. According to Movac’s website, Crema trade......................

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Kiwi angel seeds hedge fund....