Fri, Jul 1, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

New launches, US opportunities dominate hedge fund industry views at SALT

Friday, May 10, 2013

Bailey McCann, Opalesque New York:

Hedge fund industry leaders from John Paulson to Leon Cooperman are gathered in Las Vegas for the the Skybridge Alternative Investment (SALT) conference. The conference is hosted by Skybridge capital, and is entering its fifth year. Panels have included a wide range of funds and investors, most of which are upbeat on the US and the possibility for recovery.

It has been a rough couple of years for the hedge fund industry as returns continue to lag the performance of the S&P 500, disappointing investors and putting downward pressure on fees for some funds. Yet, the panels offered a number of opportunities throughout various sectors of the US economy. Panelists compared the situation in the US now to the economy in the early 1990s, they were also upbeat on Japan noting growth indicators beyond abenomics.

In a panel on distressed investing, Christopher Pucillo of Solus Alternative Investments highlighted late-stage bankruptcy liquidations as a story that interests him as few players are in the space yet. Public shipping companies were cited as an opportunity here as that industry is facing significant failures.

I spoke with Ingrid Pierce, Global Managing Partner at Walkers law firm about her views on the industry as well. "We are seeing significant new launch activity," she tells Opalesque. This trend is notable as the fundraising climate for emerging managers still remains fairly tight. She explains that she is seeing new la......................

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. Investing - Soros, Druckenmiller among hedgies profiting in market plunge, Hedge funds were most bullish on bonds since 2004 before Brexit, Surprise Brexit vote unleashes scramble for dollars, High-yield hit on Brexit but no panic selling, Scientist turned hedge fund founder lured to pound, euro, Hedge fund avoids commodities, posts big gains[more]

    Soros, Druckenmiller among hedgies profiting in market plunge From HITC.com: Bullish positions in gold and volatility and well-timed short bets on China and emerging markets, among other areas, were some of the trades that benefited hedge funds on Friday as markets digested Britons' s

  2. Manager Profile - A 26-year old hedge fund manager called Brexit — here's what he thinks about the historic vote[more]

    From Businessinsider.com: Taylor Mann is not your typical fund manager. The twenty-six year old Texas A&M graduate manages Pine Capital in Larue, Texas (population 160), where he resides with his three-year old daughter. Also atypical compared with many of the largest funds out there, Mann makes

  3. Chesapeake Partners to liquidate hedge fund amidst 'hostile environment'[more]

    Komfie Manalo, Opalesque Asia: Chesapeake Partners Management, the hedge fund run by woman fund manager Traci Lerner said it would return investors’ money after 25 years because the market environment has become "hostile" to manage other people’s money, reported

  4. Europe - George Soros says Brexit has ‘unleashed’ a financial markets crisis, Brexit—what we know, Will the UK’s departure be a ‘soft-Brexit’ or a ‘hard-Brexit’?, Brexit: Six-point action plan for asset managers[more]

    George Soros says Brexit has ‘unleashed’ a financial markets crisis From Bloomberg.com: Britain’s decision to leave the European Union has “unleashed” a crisis in financial markets similar to the global financial crisis of 2007 and 2008, George Soros told the European Parliament in Bruss

  5. Hedge Fund Due Diligence Exchange offers complete due diligence reports at $1500[more]

    Matthias Knab, Opalesque: HFDDX is offering complete alternative investment due diligence reports at $1500 US. Industry professionals can simply go to www.hfddx.com and indicate their interest in sponsoring one or more DD Reports for $1500 each.