Hedge Fund Investor Buys Part of Small Cap Stock Picker Otus (1)

Canepa Global Managers has taken a minority equity stake in London-based Otus Capital Management in a boost to the hedge fund that has specialized in picking smaller companies for the past two decades.

The deal includes an investment of $60 million into Otus’s flagship Maga Smaller Companies hedge fund from an investor introduced by Canepa, lifting firm-wide assets to $670 million, according to Otus founder Andrew Gibbs. He declined to disclose any more of the deal terms.

“The strategic relationship supports Otus’s desire to increase the sustainability of their business, while helping to align the capital they run with ...