Launches - Stonehenge Capital launches $250m multi-strategy hedge fund, Update: Benjamin Fuchs seeks $800m for Nomura-backed hedge fund, Lamond Capital Partners launches with $150m seed money from Meritage, Sparx plans Japan-focused renewable energy fund, RiverPark launches RiverPark Long/Short Opportunity Fund, Alternatives firm Spring Mountain Capital launches high yield and distressed group with new hires
|
|
|
Stonehenge Capital launches $250m multi-strategy hedge fund
From IBTimes.com: Florida-based multi-strategy alternative investment manager, Stonehenge Asset Management LLC is set to launch its third multi-strategy hedge fund, Stonehenge Diversified III, in April this year. The new fund will be domiciled in the U.S. and has appointed NAV Consulting Inc., as administrator.
Stonehenge Founder, Principal & Chief Investment Officer Steven A. Michael said that the new fund is an extension of the firm's Stonehenge Diversified 1 hedge fund, although Stonehenge Diversified III may accept non Qualified Eligible Person (QEP) investors in the future... Full article: Source
Update: Benjamin Fuchs seeks $800m for Nomura-backed hedge fund
From Economictimes.com: Former Nomura Holdings Inc trader Benjamin Fuchs will launch a multi-strategy hedge fund on June 1 with backing from Japan's largest investment bank, expanding the list of high-profile start-ups this year.
Nomura will match the amount that Fuchs' firm, BFAM Partners (Hong Kong) Ltd, raises up to $200 million. The fund aims to raise $400-500 million, including Nomura's matching amount, at the initial stage, said James Singh, the hedge fund's chief operating officer... Full article: ...................... To view our full article Click here
|
|