Thu, Oct 23, 2014
A A A
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

Banner

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. Commodities - Oil wreaking havoc on small-cap energy stocks sliding 36%[more]

    From Bloomberg.com: Owning almost anything in the U.S. stock market has been a losing proposition since September. Owning smaller energy companies has been a catastrophe. Hercules Offshore Inc. and Resolute Energy Corp. are among 19 oil-and-gas equities in the Russell 2000 Index that lost more than

  2. Investing - Hedge funds favor equity long/short, Strategic bond managers hedge against further high yield sell-off[more]

    Hedge funds favor equity long/short From Securitieslendingtimes.com: Equity long/short strategies will generate good returns for hedge funds in the future, according to a panel at this year’s Risk Management Association Conference on Securities Lending in Naples, Florida. Panellists Sand

  3. Legal - Ex-hedge fund analyst weeps as judge hands down 5 year sentence, Former Columbus investment manager Steven P. Moore indicted on theft charges, SEBI confirms ban for Hong Kong hedge fund, SEC announces enforcement action against compliance officer[more]

    Ex-hedge fund analyst weeps as judge hands down 5 year sentence From Hereisthecity.com: An ex-hedge fund analyst was sentenced to 5 years in prison for his role in insider-trading scheme. The New York Post reports that former hedge fund analyst Matthew Teeple was sentenced Thursday to fiv

  4. Goldman in talks to acquire IndexIQ[more]

    From Bloomberg.com: Can Goldman Sachs put ETF investors on a liquid diet? Goldman is in talks to acquire IndexIQ, Reuters has reported. Index IQ is a small exchange-traded-fund firm known mostly for products that replicate hedge fund strategies, called "liquid alternative" ETFs. While IndexIQ has 11

  5. Other Voices: CALPERS dilemma should be a warning to hedge funds wanting institutional investors[more]

    From Ian Hamilton, founder of IDS Group. A quick comment on the CALPERS’ disinvestment from the hedge fund market and the jitters it is causing. Pension Funds should not be sheep and follow CALPERS’ decision as the issues that CALPERS has with hedge fund investments are in many ways unique t