Ex-Berenberg Bankers Raise $2.2 Billion, Take On FX Markets
- 7orca focusses on currency overlay, short volatility strategy
- Asset manager found niche in industry that is under pressure
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7orca Asset Management AG, a Hamburg-based company set up by eight former Berenberg bankers, has raised almost 2 billion euros ($2.2 billion) in customer money in the first 18 months after its launch, Chief Executive officer Tindaro Siragusano said in an interview.