Fri, Apr 28, 2017
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. Opalesque Exclusive: Ex-Man manager combines sustainable investing with AI/ML[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Dr. Richard Bateson, quant fund manager and physicist, has recently

  2. Hedge funds holding Puerto Rico bonds are looking at a long battle[more]

    Komfie Manalo, Opalesque Asia: Hedge funds which bought Puerto Rico's distressed debt bonds are facing the prospect of a long road ahead to recover their investments as the Caribbean island is attempting to use a U.S. Congress-approved rule that allows it to exploit a bankruptcy-like proceedings

  3. Other Voices: "Winner-take-all" dynamics and hedge fund investing[more]

    A growing stream of thinking in microeconomics is the concept of "winner-take-all" dynamics. The idea seems simple. A combination of networking economics and classic economies of scale creates situations where there are just a few dominant firms or economic agents who are able to capture significant

  4. Investing - How Chipotle's comeback attracted big data robots and value investors alike[more]

    From Forbes.com: When William Ackman's ailing hedge fund Pershing Square Capital Management bet $1 billion on shares in Chipotle Mexican Grill beginning in July 2016, the stakes couldn't have been higher. Pershing Square was reeling from what would eventually be a near $4 billion loss in drugmaker V

  5. Service Providers - Colemore launches fee tracking service for limited partners[more]

    Following Colmore's successful launch in January 2017, the firm has announced the launch of FAIR.. FAIR is designed to help private equity investors independently validate fees and incentives charged by underlying managers, saving time and providing an extra level of comfort. There is a glob