BlueHive Capital announced the successful launch of its first fund: BlueHive Opportunities – Global Alpha.

BlueHive Capital’s Event Driven Multi Asset strategy is the same that the team successfully managed during its time at Natixis. The team has worked together for 8 years and most of the team members are averaging more than 10 years of buy side experience. BlueHive Capital aims to deliver sustainable returns across the different market regimes whilst focusing on capital preservation. The team has a very strong Risk Management culture and process.

The AIFM-compliant fund invests in constructive Event Driven strategies with a Multi Asset approach, focusing on two core strategies: Special Situations and M&A Situations.

The fund holds between 15 to 25 underlying strategies, implemented on 3 asset classes: Equity, Volatility and Credit. An additional specific dynamic overlay risk hedging process is implemented at a portfolio level to protect alpha from adverse market conditions.

With BoA Merrill Lynch and Morgan Stanley as Prime Brokers, and Northern Trust HFS as Administrator and Custodian, BlueHive Opportunities offers an International set up within an Onshore-regulated Luxembourg vehicle. After a 12 months’ due-diligence process, BlueHive Opportunities – Global Alpha started early June with the French well-known seeder, EMERGENCE, on top of Family Offices and Institutional, gathering approximately an AUM of $50M.

Sebastien Boucher, BlueHive Capital’s founder, declares “Our unique market environment analysis and portfolio construction lead us to constantly optimize the risk/reward for each catalysts through the three asset classes we invest in: equity, volatility and credit” and Cyril Slama, SIO, to add “in this very supportive environment for our strategy, we have identified a lot of opportunities across the capital structure of the situations we are focusing on. We are then more than confident that our strategy will keep performing as well as it did in the past”.

CIO details

Sebastien Boucher is CIO and Founder of BlueHive Capital and Fund Manager of BlueHive Opportunities. Prior to founding the company in 2013, Sebastien headed the Global Alpha team at Natixis CIB since 2009. He entered Natixis CIB in 2005 as an Event Driven Portfolio Manager. Previously, he worked as an Event Driven Portfolio Manager from 2002 to 2005 at Systeia Capital Management (Hedge Fund of Amundi).

Sebastien holds a Master in finance from ESCP Europe and a Master Insurance & Risk Management from Paris Dauphine University.