Sat, Feb 4, 2012
A A A
Welcome Guest
Free Trial RSS RSS icon
Get FREE trial access to our award winning publications
Alternative Market Briefing

Review of hedge fund launches, closures, trends, regulatory and legal events - week 50

Monday, December 14, 2009

By Benedicte Gravrand, Opalesque London: A roundup of last week’s hedge fund launches, closures, index performance, trends, regulatory, legal and financial events pertaining to the alternative investments world.

Last week, we heard of fund launches from Blue Rice (credit); Tiburon (credit opps); Fortress (Japan real estate); Adapto Advisors (energy); Culross (illiquid FoHFs); Salida Capital (3 funds in Canada); and BlackRock (portfolio giving U.S. retail investors access hedge funds). HFRI reported that while YTD liquidations remained greater than launches (858 closures vs. 554 launches), 3Q-09 marked a turning point as launches finally surpassed liquidations (224 launches vs. 109 liquidations).

Ex-SAC, Pequot managers Foley and Farrell will open their own firm, Bronson Point Partners, next month; and Sassan Ghahramani launched a hedge fund intelligence and trading firm, SGX Advisors.

The Hennessee Hedge Fund Index was up 1.7% in November, 22.4% YTD (Hennessee commented on hedge funds underperforming as equity markets rallied sharply); The HFRI Fund Weighted Composite Index gained 1.75%, bringing YTD gains to 18.8% (......................

To view our full article Click here

Banner

Banner

Banner

Banner

Banner

Banner

Banner
Today's Exclusives Today's Other Voices Banner More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: CrossBorder: the euro may grow stronger this year[more]

    Benedicte Gravrand, Opalesque Geneva: Volatility may reign, uncertainty may now be the norm in financial markets, but there are still some who bet on a rebound of the euro, rather than its death. The European Central Bank (ECB) provided €489bn ($644bn) in 3-year emergency loans to ban

  2. GLG: Even at $100bn, Facebook looks under-valued[more]

    Benedicte Gravrand, Opalesque Geneva: Even if Facebook’s valuation may be higher than Google’s, it does not mean it is expensive, according to some, as the site’s revenue should rise with better paid advertising. Facebook Inc., which filed for IPO on February 1st, may command a valuation

  3. Opalesque Exclusive: Friedberg's global macro fund posts 40% for 2011 as strategy shifted to respond to market volatility[more]

    Bailey McCann, Opalesque New York: Friedberg Mercantile Group’s flagship fund, Friedberg Global-Macro Hedge Fund Ltd, was down 8.8% in Q4 but was up 40.9% overall for 2011. Comparatively, the Dow Jones Credit Suisse Global Macro index was up 0.38% in 2011. The Cayman-domiciled fund launched

  4. Opalesque Exclusive: Multi-asset funds gaining traction with investors[more]

    Bailey McCann, Opalesque New York: Multi-asset alternative funds are gaining in popularity as investors look for ways to hedge against market downturns and increased volatility. Indeed, according to

  5. A SQUARE 18 Aug 2010: - Fundraising trends and investor confidence - Long-term performance of infrastructure vehicles[more]

    - Fundraising trends and investor confidence - Long-term performance of infrastructure vehicles