As per 1st December 2017, Stone Mountain Capital is celebrating its 5 year firm jubilee and has total alternative Assets under Advisory (AuA) of US$ 50 billion in hedge funds and private assets. We are mandated on assets of US$ 47 billion for capital introduction into leading hedge fund and fund of fund managers with long standing, solid performance track records, liquidity provision, standardized fund and managed account structures and established AuM across the strategies: credit / fixed income, equity, tactical trading and fund of hedge funds (FoF). Our 2017 focus was on the strategies: direct lending, CLO, global macro, CTA, volatility and the cryptocurrency bitcoin and making those strategies tradable in the public markets. We are mandated on US$ 3 billion of private assets (private equity and private debt) and corporate finance. Our 2017 sector focus was health care in commercial real estate, infrastructure / real assets, and capital relief trades (CRT) for insurers and banks and we provide financial structuring, rating advisory, private and public placements. Stone Mountain Capital has arranged new capital commitments of US$ 1.05 billion across hedge fund, private asset and corporate finance mandates.

AXA IM Structured Finance has raised over €1bn in total commitments for the AXA IM Partner Capital Solutions VII Fund at the end of September, following launch in July 2017. The capital committed was raised from sophisticated institutions, insurance companies and pension funds as well as family offices, with both repeat and new clients. This is the largest amount that AXA IM has raised for capital relief trades, reflecting increased asset management foothold in the alternative credit space. Oliver Fochler, CEO at Stone Mountain Capital, echoes similar views. “Capital relief trades are restricted to banks and insurance firms, since they are the ones who have the structuring expertise and the capital need to do them. For other investors in alternative credit it’s just much more convenient to do an outright sale or an acquisition”. However, Fochler confirms a wider investment base among insurers, along with more cash to put to use. 2017 SCI. All rights reserved. Interview with Oliver Fochler, CEO in Stone Mountain Capital LTD was covered on 10th November 2017 in Structured Credit Investor (SCI) under 'AXA boosts risk transfer foothold' (website requires registration).