Bespoke currency risk management for funds in private markets

Throughout the lifecycle of your fund, Convera delivers bespoke currency risk management solutions that help minimize the impact of FX volatility on your NAV and Internal Rate of Return (IRR).

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Protect your alternative investment fund with a bespoke currency risk management strategy

Mitigate FX risk with bespoke hedging

Minimize the impact of currency fluctuation and help ensure transparent and predictable returns by programmatically hedging NAV. Use a complete range of hedging tools, from non-deliverable forwards to structured derivatives and FX swaps*^.

Boost offshore investors’ confidence

Meet investors’ mandates for hedging when returns are exposed to FX risk, especially in regions where currency volatility is a major concern. Offer currency-hedged share classes that allow investors to participate without taking on additional FX risk.

Unlock capital with an uncollateralized trading facility*

Manage your FX exposures without tying up capital in deposits or margin calls. Convera’s uncollateralized trading facilities empower private markets fund managers to preserve liquidity for additional investments or distributions.

* Subject to Convera’s credit assessment and approval of trading terms.

Build your currency risk management strategy with expert guidance

Personalized support from FX specialists with broad expertise in the AIF ecosystem. Build your strategy with expert guidance, timely order executions, and regular hedging performance reviews to ensure effective management of FX exposures.

“Overall, managing FX risk is critical to the successful implementation of our absolute return investment strategy. Convera’s competitive pricing and credit line mean we can hedge without tying up capital, minimizing the drag on the performance delivered to our investors.“

Gabriel Affonso Ferreira
Partner and Chief Operating Officer, Prisma Capital

Choose an FX hedging tool that fits your needs*

Forward contracts

Lock in exchange rates for future transactions, providing certainty on returns and costs.

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FX swaps

Align the timing of currency inflows and outflows. Manage liquidity and reduce timing mismatches.

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FX options

Protect against adverse currency movements while participating in favorable shifts.

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*Our hedging products are derivative financial instruments which may expose you to risk should the underlying exposure you are hedging cease to exist. They may be suitable if you have a high level of understanding and accept the risks associated with derivative financial instruments that involve foreign exchange and related markets. If you are not confident about your understanding of derivative financial instruments, or foreign exchange and related markets, we strongly suggest you seek independent advice before making the decision to use these instruments.

^Where available and subject to Convera’s assessment.

Alternative investment funds choose Convera for currency risk management

Built for funds like yours

Our experienced hedging team specializes in delivering tailored currency risk management strategies that help solve challenges specific to private market funds such as reducing cash drag and preserving liquidity* whilst securing IRRs.

*Subject to Convera’s credit assessment and approval of trading terms.

170B reasons to trust our FX expertise

With a USD 170B+ trading volume in 2024, and more than 40 years of foreign exchange expertise, Convera makes moving money simple, secure, and smart.

Global coverage for global funds

We operate in all major financial centers, from New York to London and Hong Kong. Our financial network spans 140 currencies and 200 countries and territories, allowing global fund managers to onboard the entire fund structure. 40+ currencies available for forward contracts to help your fund protect returns against adverse currency movements, especially in volatile markets.

Customer Success Stories