IMQubator is planning to transform its current multi manager fund into a limited-life vehicle, IPE reports. The hedge fund seeding platform backed by Dutch pension manager, APG, will also develop a second fund that will invest in hedge fund start-ups. IMQ intends to attract an additional €100 million for its first fund by inviting one or two institutional investors to join APG in the fund. Around 70% of the €250 million has already been invested with emerging managers, adds Global Pensions.
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