Key Takeaways
- • Former ING portfolio manager Alfonso Peccatiello's macro hedge fund, Palinuro Capital, is targeting a $400 million fundraise to substantially expand its current asset base.
- • Palinuro Capital currently manages approximately $50 million in assets, making the proposed $400 million raise an eightfold expansion of the fund's capital under management.
- • The fundraise represents significant institutional investor confidence in Peccatiello's macro investment strategy and track record following his departure from ING.
Summary
Alfonso Peccatiello, a former portfolio manager at ING, is pursuing a major capital raise for his macro-focused hedge fund, Palinuro Capital. The fund is in active discussions to secure $400 million in new investor commitments, according to Financial News London.
Palinuro Capital presently manages approximately $50 million in assets. The proposed $400 million fundraise would represent a material expansion of the fund's asset base, increasing total assets under management to around $450 million and representing an eightfold increase from current levels.
The fundraise underscores continued appetite among institutional capital providers for specialized macro hedge fund strategies and reflects confidence in Peccatiello's investment expertise developed during his tenure at ING. The timing of the capital raise in late January 2026 reflects broader hedge fund market conditions and investor positioning for macro-driven strategies.
Palinuro Capital presently manages approximately $50 million in assets. The proposed $400 million fundraise would represent a material expansion of the fund's asset base, increasing total assets under management to around $450 million and representing an eightfold increase from current levels.
The fundraise underscores continued appetite among institutional capital providers for specialized macro hedge fund strategies and reflects confidence in Peccatiello's investment expertise developed during his tenure at ING. The timing of the capital raise in late January 2026 reflects broader hedge fund market conditions and investor positioning for macro-driven strategies.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.