Nexar Capital Group, a global investment management firm, has launched and received an investment from funds managed by Aquiline Capital Partners, a New York-based private equity firm.

Nexar Capital Group, a global investment management firm, has launched and received an investment from funds managed by Aquiline Capital Partners, a New York-based private equity firm.

Nexar's association with Aquiline will support the expansion of Nexar's investment platform, global distribution network and investor service capability, as well as fund strategic acquisitions.

Nexar's clients have access to a range of funds of hedge funds, volatility arbitrage hedge funds and client-specific hedge fund portfolios.

The firm was founded by industry veterans who built a hedge fund business at Société Générale Asset Management Alternative Investments, led by Arié Assayag, chief executive officer; Eric Attias, chief investment officer; and Bernard Kalfon, head of volatility strategies.

'As an independent company, Nexar has a long-term approach that aligns our interests with those of our clients and allows us to provide them with superior investment management,' says Assayag. 'Aquiline's depth of investment management experience immediately gives us the strength and stability of an institutional platform, thus making Aquiline an ideal partner as we build our business.'

'Nexar's team built its strong reputation in the industry through its success in growing and managing a leading hedge fund business,' says Jeff Greenberg (pictured), chief executive of Aquiline. 'Recent market turmoil has underscored the importance of transparency, liquidity and true alpha generation, which are core elements of Nexar's approach.'