Tue, Jul 22, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

SAC and Apple sagas continue, hedge funds cash in on yen trades: hedge fund news, week seven

Monday, February 18, 2013

In week ending February 15, 2013, Coatue Management announced it would launch a $300m hedge fund that will invest in high-growth, pre-IPO start-ups; Toronto-based hedge fund manager Spartan Fund launched the Noble Bay Energy Fund; Duet Asset and former Credit Suisse Latin America chief Pedro Chomnalez started their first hedge fund, the Merchant Opportunity Fund, that focuses on non-financial assets and private equity in Latin America; Deepak Gulati quit as head of global equity proprietary trading at JP Morgan to launch a hedge fund; U.S. Fleet Tracking CEO Jerry Hunter said he plans to launch a new hedge fund this year based on an algorithm he created; and Racon Capital Partners reported that it raised $35m to launch its first fund. Saba Capital and Reservoir Capital together seeded hedge fund startup Camares Capital.

The Lyxor Hedge Fund index was up +1.6% in January; The Hennessee Hedge Fund Index was up 2.69%; The Barclay Hedge Fund Index gained 2.84%; The SS&C GlobeOp Hedge Fund Performance Index expanded 2.62%; The Newedge CTA Index grew 1.46%; And the Barclay CTA Index was up 1%.

BarclayHedge and TrimTabs said that hedge fund investors had redeemed a net $14.2bn in 2012, reversing a $50.7bn inflow to the industry in 2011; investors redeemed at least $1bn from Winton Capital as ......................

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. Events – AIMA Australian Hedge Fund Forum, Sept. 16, Sydney[more]

    AIMA Australia invite you to join us at our annual Hedge Fund Forum on Tuesday 16th September 2014 at the Sofitel Sydney Wentworth. The AIMA Australian Hedge Fund Forum is a non-profit hedge fund conference organised by the industry for the industry, featuring quality Australian and internation

  2. Opalesque Exclusive: Loeb, Grantham cite growing economic concerns in letters[more]

    Bailey McCann, Opalesque New York: Hedge fund manager Daniel Loeb, head of Third Point, and Jeremy Grantham of Grantham, Mayo, Van Otterloo & Co. have both released their quarterly investor letters today. While news is positive on some fronts, and both men see pockets of opportunity, they also h

  3. Investing – Hedge funds expect Netflix earnings to catapult forward, Third Point's Loeb takes stakes in Fibra Uno, YPF, Royal DSM, Lake Capital in talks to back Engine Group[more]

    Hedge funds expect Netflix earnings to catapult forward From Investing.com: Netflix has made major strides forward in 2014 despite ongoing battles with the FCC and cable companies over the issue of net neutrality. The FCC has now received over 500,000 comments from the public on its pend

  4. Opalesque Roundtable: European family offices struggle to retain their investments in offshore hedge funds[more]

    Komfie Manalo, Opalesque Asia: The European Union’s Alternative Investment Fund Managers Directive (AIFMD) will constrain investment opportunities amidst concern a number of U.S. fund managers will stop marketing their products in the European Union under the new rule, said Valentin Bohländer fro

  5. Opalesque Roundtable: Success in hedge fund marketing not linked to performance, but investor appetite[more]

    Komfie Manalo, Opalesque Asia: Success in marketing a fund is not linked to the performance, but to investor appetite, to the way you can market the fund, and to how much time you can spend to raise assets, said Antoine Rolland, the CEO of incubator and seeding firm