Sun, Dec 4, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Event-driven hedge fund JJN Capital starts 2013 up 2.23%

Monday, February 25, 2013

Precy Dumlao, Opalesque Asia: Event-driven opportunities and special situation JJN Capital Fund, which is managed by JJN Capital Advisors started the year on a positive note with a 2.23% gain in January.

Jeffrey J. Naumowitz founded the New York-based JJN Capital Advisors in 2011 and launched the fund in January 2012. He explained its investment strategy as event driven, which means that most of its investment positions depend upon the timing of a specific corporate finance related transaction.

The HFRX Event Driven Index posted a strong gain of +3.38% during the same month, with contributions concentrated in Activist and Equity Special Situation strategies. The HFRU Event Driven Index posted a modest gain of +0.03% during the same period.

Since its inception in January 2012, the JJN fund has an annualized return of 32.4% and almost had a perfect year last year except in May when the fund posted a net loss of -0.8%. JJN Capital’s average gross and net delta-adjusted notional exposures during the month were 64% and 18%, respectively, and it......................

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. M&A - AllianzGI to acquire Sound Harbor Partners, SS&C completes acquisition of Wells Fargo's Global Fund Services business[more]

    AllianzGI to acquire Sound Harbor Partners Allianz Global Investors (AllianzGI), an active investment manager, announced that Sound Harbor Partners, a US private credit manager led by Michael Zupon and Dean Criares, have agreed to join its fast-growing Private Debt Platform. Under the te

  2. Hunt for yield pushes more investors into riskier assets[more]

    From FT.com: Pension funds and insurance companies have increasingly embraced riskier assets in their hunt for higher returns over the past five years. Alternative assets such as property, infrastructure, private equity and hedge funds have been bought up by institutional investors in a world where

  3. People - Nectar Financial hires senior investment team, Texas A&M replaces retiring foundation investment chief, Ex-Cadwalader partner Woolery makes another sudden exit, How to become a Python coder at a top hedge fund, by the co-CTO of Man AHL[more]

    Nectar Financial hires senior investment team Nectar Financial AG, a Swiss financial technology company for wealth and asset management, has announced that it has hired two key senior leaders to spearhead its digital asset management efforts. The company also announced that it has entere

  4. Activist News - Cognizant has introductory discussion with activist investor Elliott; to review letter, Starboard Value makes huge investment in Hewlett Packard, Hedge fund calls for removal of First NBC Bank CEO[more]

    Cognizant has introductory discussion with activist investor Elliott; to review letter From Indiatimes.com: Cognizant said it had an introductory discussion with Elliott Management after receiving the activist hedge fund's letter asking for a board shakeup, a buyback, a dividend and chan

  5. Opalesque Exclusive: Ireland relaxes treatment of direct lending funds[more]

    Bailey McCann, Opalesque New York: The Irish Central Bank has relaxed its treatment of direct lending funds, according to a recently released