Mare Nostrum has a proprietary 'algorithm' to reach one billion euros under management
Launched at the end of June, the Mare Nostrum Global Equities fund — managed by Leonardo Mathias — has rapidly grown to €70m in assets under management, double its level six months earlier. The team credits a proprietary algorithm for the early traction and is targeting an ambitious €1bn AUM, signalling a clear growth and scale-up strategy. Key analytical angles include the fund’s early performance momentum, the scalability and robustness of its quantitative approach, fundraising and distribution challenges needed to reach €1bn, and the market and regulatory risks that could affect that trajectory.
