Advanced Capital looks to frontier markets as it reports a year of stellar growth
Top-rated European fund of funds manager, Advanced Capital, has continued the strong run results that saw it rated second by Preqin in April in its annual fund of funds performance and confirmed its intention to seek frontier markets opportunities.
Led by Robert Tomei, Advanced Capital, which has circa EUR 1billion AUM, has pursued a strategy of active management and diversification in specialized private equity funds globally with a focus on high growth markets – specifically technology and Asia. This has seen its two generalist private equity funds of funds, ACII and ACIII, generate exceptional targeted returns as of June 2011 of 1.19x and 1.20x respectively.