Sat, Jul 23, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hedge funds leveraging past successes to build new, unconstrained investment management firms

Monday, November 19, 2012

amb
Steve Diggle
Bailey McCann, Opalesque New York:

At its height, Artradis Fund Management grew to be one of the largest Asian hedge funds managing nearly $5bn. Now, that firm has transformed into something more closely resembling a family office, with some outside investment. The original team, including Steve Diggle, now manages the new iteration – Vulpes. Diggle recently spoke with Matthias Knab for Opalesque TV about why they made the transition and where they currently see new opportunities.

Artradis was originally a long Asian volatility fund. Diggle explains that after 2009, a lot of big name firms like AIG went short volatility and subsequently went out of business, as volatility prices increased, the upside to being long volatility became more muted driving Diggle and his team to look into other opportunities. Through Vulpes, the team expanded into five funds, including a broad range of investment types including private equity and physical assets.

The original long volatility fund still exists in addition to investments in public and private equity, a Russian investments fund and a life sciences fund. "One other thing that we have been doing that’s different is we have become more activist," Diggle says. He explains that as a pure hedge fund, the firm opted to stay away from that activist role, but now with investments in both public and private e......................

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. Opalesque Exclusive: California-based manager launches long/short equity hedge fund with unique algorithm[more]

    Benedicte Gravrand, Opalesque London for New Managers: SJL Capital LLC, an investment advisory firm based in California, has launched its maiden fund, the SJL MarketDNA Hedge Fund LP. The fund, which began trading

  2. Manny Roman to move from Man to Pimco[more]

    Benedicte Gravrand, Opalesque London: Emmanuel (Manny) Roman, an investment world veteran, has been hired by PIMCO, the large US bond fund house, as chief executive officer. PIMCO's current CEO Douglas Hodge will assume a new role as managing director and senior advisor when Roman joins P

  3. Opalesque Exclusive: ArbitrOption outperforms benchmarks, up 7.18% in H1[more]

    Komfie Manalo, Opalesque Asia: Independent registered advisor ArbitrOption breezed through the tumultuous Brexit referendum and outperformed its benchmarks. ArbitrOption was up 7.18% in the first half of 2016 compared to the S&P 500 which gain

  4. Europe - European hedge funds shrink and shutter as turmoil hurts returns, Investors go bargain-hunting for U.K. property after Brexit vote, Brexit: Guidance for fund directors - what to know and what to ask[more]

    European hedge funds shrink and shutter as turmoil hurts returns From Bloomberg.com: Europe’s hedge-fund industry contracted for a sixth straight quarter as the U.K.’s decision to leave the European Union and concerns that China’s growth is slowing caused losses and forced some money man

  5. Platinum Partners starts liquidation of hedge funds following municipal union kickback scandal[more]

    Komfie Manalo, Opalesque Asia: Platinum Partners, the hedge fund in the middle of a New York City municipal union kickback investigation, is reported to be liquidating two of its funds, the New