Sun, Oct 4, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Barnstar opportunities opens for business

Thursday, November 15, 2012

Bailey McCann, Opalesque New York:

Barnstar Opportunities Fund LP, is a multi-disciplinary, special situations long-bias fund, that launched yesterday, November 14, 2012. It will invest across the capital structure in U.S. companies that are significantly undervalued by the capital markets, for reasons of financial distress, regulatory issues, and/or unresolved litigation. The fund will be managed by Charles Fernandez, Founder and Chief Investment Officer, who was most recently the President and Co-Fund Manager of Fairholme Capital Management.

The Florida-based fund builds on Fernandez’s previous expertise working on special situations and event driven scenarios. He previously managed a long-only, hedged strategy within a mutual fund structure, and built a broad, deep network of industry veterans with expertise across business, legal, government and academic backgrounds. He has committed a significant portion of his personal net worth to the new fund, aligning his own interests directly with those of investors.

"We are focused on the dislocations created by changes in the financial, regulatory or legal environments around publically traded companies," explains Fernandez in an interview with Opalesque. "We are looking at the value of a given company after an event has occurred and making a determination whether it is worth it to get involved."

He notes that the founding investors will be able to not only invest with the fund but may have the option ......................

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. Performance - Hedge fund moguls Einhorn, Loeb, Rosenstein lose money in September, Risky strategy sinks small hedge fund[more]

    Hedge fund moguls Einhorn, Loeb, Rosenstein lose money in September From Billionaire stock pickers David Einhorn, Daniel Loeb and Barry Rosenstein on Wednesday told their wealthy investors they lost money in September as market turmoil inflicted more pain on some of America'

  2. Opalesque Exclusive: IRAs represent billions of untapped capital for hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva: Retirement accounts might not be the first source that comes to mind for those looking to raise funds, but they may represent billions of untapped capital. Unlike traditional retirement accounts,

  3. Opalesque TV: One way to access market hedge funds in the EU under the AIFMD radar[more]

    Benedicte Gravrand, Opalesque Geneva: While the Cayman Islands, the US and Hong Kong await the pan-European marketing passport to be extended to alternative investment fund

  4. Investing - U.S. biotech bloodbath hits hedge funds but some bargains emerge, Computer-driven hedge funds betting on further stock selloff[more]

    U.S. biotech bloodbath hits hedge funds but some bargains emerge From A seven-day selloff of U.S. biotechnology stocks has hit sector investors - especially hedge funds - hard. But some managers say it was overdone and are already eyeing bargains such as Gilead Sciences Inc

  5. Vilas’ equity long bias hedge fund generates market-beating results[more]

    Komfie Manalo, Opalesque Asia: The Vilas Fund, an equity long bias fund managed by Chicago, Illinois-based Vilas Capital Management, posted five-year annualized returns, net of fees, of 23.47% vs. 15.87% for the S&P 500 Index, including divid