Sun, Dec 4, 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. 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