Mon, Feb 27, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Credit hedge fund manager Louis Gargour sees opportunities in Europe

Monday, December 23, 2013

amb
Louis Gargour
Benedicte Gravrand, Opalesque Geneva:

Louis Gargour is a Wall Street veteran who has worked for Solomon Brothers in the 80s, then JP Morgan and Goldman Sachs, and who has a background mainly in European credit and trading sales. He started Europe’s first long/short European credit hedge fund in 2001, Taurus Investment Management, which later merged with what was then a little known London-based hedge fund shop called RAB Capital. This little shop ended up growing to one with $7bn in asset under management - although assets are now down to a few hundred million, as the firm suffered losses during the financial crisis. Gargour had left RAB by then to start his own London-based hedge fund shop, LNG Capital, in 2006.

"We started LNG Capital with one principal fund, a European credit long short," he recently told Matthias Knab on Opalesque TV. "That was the skill set we brought from RAB Capital or from running fixed income portfolios. We recently added a European credit long-only strategy and a foreign exchange systematic strategy. But the entire strategy is under our umbrella, all benefit from risk management and oversight by risk committees, very strong operational support and distribution."

LNG was partly seeded by its institutional partners, Atlantic Asset Management and Montage Alternative Advisors ......................

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: Swiss investors take fund seeding and acceleration into their own hands[more]

    Benedicte Gravrand, Opalesque Geneva: Banque Bonhote, a 200-year old Swiss private bank, last year launched a community of investors - heads of Swiss family and advisory offices and wealth managers - with the aim of co-investing in the kind of managers they wanted to invest in, either by way of s

  2. K2 Advisors : Why We Like Activist Hedge Fund Strategies and Some Thoughts on Alpha[more]

    Matthias Knab, Opalesque: Rob Christian, Senior Managing Director, Head of Research K2 Advisors, Franklin Templeton Solutions, writes on Harvest Exchange: When d

  3. Ex-Navy SEAL backed by Mario Gabelli, Jean-Marie Eveillard and other value giants off to strong start[more]

    From Valuewalk.com: Sententia Capital Management is not your average value focused hedge fund. The fund was founded by Michael Zapata, a former Navy Seal Team 6 Officer and has attracted funding from some of the best-known names in the value space. Mario Gabelli, Jean-Marie Eveillard from First Eagl

  4. Europe - 1 trillion euro non-performing loans are clogging EU lending channels[more]

    From Centralbanking.com: As much as 1 trillion euro of non-performing loans (NPLs) are still clogging the lending channel in the European Union. An EU asset management company (AMC) could address market failures in the secondary market for NPLs as part of a suite of measures designed to tackle the b

  5. Investing - Hedge funds' novel approach: investing for longer at lower returns, U.S. hedge fund Delta Partners lifts stake in Bellamy's, Hedge funds stockpile cobalt, electric carmakers on battery alert, Facebook is racking up the likes among the world's biggest hedge funds, Einhorn affirms gold on Trump uncertainty[more]

    Hedge funds' novel approach: investing for longer at lower returns From FNLondon.com: Hedge funds are known for making short-term bets, dipping quickly in and out of markets to take advantage of swings in prices. But, under pressure to innovate, some big-name managers are looking at ways