Alfonso Peccatiello, a top macroeconomic strategist and the founder of The Macro Compass, is preparing to unveil a global macro hedge fund in collaboration with Falcon Investment Management. Set to begin trading in January 2025, the fund will target opportunities in global interest rates and currencies.
Peccatiello, who previously managed a $20bn portfolio at ING Groep NV, has already secured $80m in soft commitments for the fund, with ambitions to reach $100m in assets under management by the first quarter of 2025.
The hedge fund will draw on Peccatiello’s expertise in macroeconomic analysis, offering investors a strategic opportunity to capitalise on market volatility, driven by fluctuations in central bank policy and global economic uncertainty. Its macroeconomic strategy aims to take advantage of movements in interest rates and currency shifts in major global markets.
Peccatiello is a well-known figure in the world of macroeconomic research, with The Macro Compass boasting thousands of paying subscribers, including institutional hedge funds and major investors. The new fund will build on the data-driven, probabilistic approach that has made his insights popular among top financial players.
Speaking about the fund, Peccatiello stated: “Macro volatility is here to stay. Our global macro hedge fund, Palinuro Capital, leverages our fundamental and probabilistic approach to identify positive expected value macro ideas. We strive to deliver positively skewed, uncorrelated double-digit returns and plenty of valuable macro insights to our LPs.”
The partnership with Falcon Investment Management underlines the firm’s commitment to providing cutting-edge investment opportunities. The launch of the hedge fund further enhances Falcon’s reputation for offering sophisticated investors the tools to profit from global macroeconomic trends.
