NewAlpha Asset Management, the Paris-based global hedge fund incubation and acceleration specialist, has made a strategic investment in Quest Global Advisors (Quest).

Greenwich, Connecticut based Quest, founded by James Doolin and Frank Campana, is a hedge fund manager specialising in Convertible Arbitrage.
 
Doolin has decades of experience in the securities industry as a trader and investing in global convertible securities. Prior to forming Quest, He was the Managing Director of the Convertible Department at ING Barings as well as a trader at Lehman Brothers and Credit Suisse. Doolin earned an MBA from Rider College School of Management and a BA in Finance/Economics at Northeastern University.
 
Campana has extensive experience in the securities industry, specifically in trading and researching convertible securities. Prior to forming Quest, Campana worked at Forest Investment Management co-managing the International Convertible Bond Strategy. He earned a BA in Economics from Lehman College.
 
The two portfolio managers have successfully navigated numerous periods of financial instability, unprecedented volatility and market cyclicality. Their continual enhancement (forward looking scenario analysis) of the standard static convertible model, coupled with their in-depth experience in the strategy has given Quest an edge in delivering best in class, uncorrelated returns while simultaneously preserving capital.
 
Quest's flagship Cayman Fund has USD30 million in AUM and has been ranked first by net return in its category in 2013 and 2014 by specialised database BarclayHedge.
 
NewAlpha’s investments are made through a dedicated fund structured and managed for the account of a large European institutional investor that is committed to increasing its strategic allocation to hedge funds and in particular to smaller managers that offer very attractive return potential.
 
NewAlpha is continuously seeking talented investment managers that are in their early stage of development or are looking for strategic partnerships to accelerate their growth..