Thu, Mar 28, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hedge funds assets rose as inflows outpaced losses : hedge fund news, week 44

Monday, November 04, 2013

In the week-ending 01 Nov, 2013, it was reported that according to Citi analyst Sandy Kaul, hedge funds assets increased as inflows outpaced losses; Fortress Group raised $2bn in assets for its alternative investment businesses in Q3; several hedge funds were said to have raised $200m for California-based platform Snapchat; and North Street Global Fund reported an increase of $445m in assets from six new hedge fund clients.

eFinancial news rounded up the five biggest hedge fund launches in 2012, including Frere Hall Capital Management, Hengistbury Investment Partners, Naya Management, Stone Milliner Asset Management and Verrazzano Capital; Wayne Yu announced he would start a new hedge fund with $250m seed capital from SocGen; Cerberus Capital started the commercial mortgage debt fund Cerberus CMBS Opportunities Fund; Bill Fleckenstein of Fleckenstein Capital said he plans to start a new short-only stock fund early next year; Doug Gordon, Jon Hilsabeck and Don Jabro have opened their own equity hedge fund startup after the closure of Vinik Asset; and Monnelly and David Bonnier have started a new London-based hedge fund earlier this month to bet on falling stocks globally.

London-based Old Park Capital has launched ......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1