The fund incubator says it is looking to add to its range of partner firms, notably focused on Greater China, after taking a 35% stake in Sydney-based Morphic Asset Management.
Hedge funds that receive early-stage investment are ironically the ones deemed as being the most attractive to investors, say seeders and funds of funds.
The Australian alternatives seeding firm takes a 30% stake in a Singapore-based hedge fund manager set up by former Morgan Stanley and Pimco executives.
Lombard Odier adds Singapore CEO, BlackRock hires Hong Kong retail head, Coutts names Asia COO and Ascalon Capital Managers appoints chief executive.
Fund investors from Australia are looking for upside through exposure to Asia.