Fri, Jul 1, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hedge funds suffer from outflows but remain attractive for Japanese institutions: hedge fund news, week 44

Monday, November 05, 2012

In the week-ending November 2, 2012, Peter Bakker, former high yield portfolio manager at Lazard and SGS, and Frits Lieuw-kie-song, former high yield portfolio manager at LKS and SGS, re-united to establish a liquid credit strategy at Channel Capital Advisors LLP; former Cofunds boss Brett Williams launched a new alternative investments business, Old Burlington Investments and will initially create two EIS-focused funds; Maverick Capital launched a new fund that places concentrated bets on the firm's best stock trades, called Maverick Select; TT International launched a global macro UCITS-compliant hedge fund on the Deutsche Bank Platinum platform; and Stratton Street started a UCITS version of its Renminbi Bond fund ahead of what it believes will be a massive appreciation in the value of the Chinese currency.

Grant Capital Partners, the hedge fund manager set up by Geoff Grant, the former Goldman Sachs trading star behind Peloton Partners is shutting down as Grant said he did not have an “edge” in the current markets; Pierre Henri-Flamand, a former head of proprietary trading at Goldman Sachs, is to shut his hedge fund Edoma Partners just two years after launch, citing "unprecedented market conditions"; Coupland Cardiff, the UK-based hedge fund manager, closed its CC Asia Advantage Fund, following a redemption from its sole investor (the event-driven strategy returned -5.98% in 2011 and -3.6% YTD to August).

Coupland is not the onl......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Investing - Soros, Druckenmiller among hedgies profiting in market plunge, Hedge funds were most bullish on bonds since 2004 before Brexit, Surprise Brexit vote unleashes scramble for dollars, High-yield hit on Brexit but no panic selling, Scientist turned hedge fund founder lured to pound, euro, Hedge fund avoids commodities, posts big gains[more]

    Soros, Druckenmiller among hedgies profiting in market plunge From HITC.com: Bullish positions in gold and volatility and well-timed short bets on China and emerging markets, among other areas, were some of the trades that benefited hedge funds on Friday as markets digested Britons' s

  2. Manager Profile - A 26-year old hedge fund manager called Brexit — here's what he thinks about the historic vote[more]

    From Businessinsider.com: Taylor Mann is not your typical fund manager. The twenty-six year old Texas A&M graduate manages Pine Capital in Larue, Texas (population 160), where he resides with his three-year old daughter. Also atypical compared with many of the largest funds out there, Mann makes

  3. Chesapeake Partners to liquidate hedge fund amidst 'hostile environment'[more]

    Komfie Manalo, Opalesque Asia: Chesapeake Partners Management, the hedge fund run by woman fund manager Traci Lerner said it would return investors’ money after 25 years because the market environment has become "hostile" to manage other people’s money, reported

  4. Europe - George Soros says Brexit has ‘unleashed’ a financial markets crisis, Brexit—what we know, Will the UK’s departure be a ‘soft-Brexit’ or a ‘hard-Brexit’?, Brexit: Six-point action plan for asset managers[more]

    George Soros says Brexit has ‘unleashed’ a financial markets crisis From Bloomberg.com: Britain’s decision to leave the European Union has “unleashed” a crisis in financial markets similar to the global financial crisis of 2007 and 2008, George Soros told the European Parliament in Bruss

  5. Hedge Fund Due Diligence Exchange offers complete due diligence reports at $1500[more]

    Matthias Knab, Opalesque: HFDDX is offering complete alternative investment due diligence reports at $1500 US. Industry professionals can simply go to www.hfddx.com and indicate their interest in sponsoring one or more DD Reports for $1500 each.