Sat, Oct 22, 2016
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Opalesque Roundup: Age outweighs size for hedge funds: hedge fund news, week 20

Monday, May 12, 2014

In the week ending 09 May, 2014 new reports claimed that age would play a greater factor in relative performance than size as young hedge funds posted the highest cumulative returns since 2003. The 25 highest-earning hedge fund managers in the United States took home a total of $21.15bn in compensation in 2013; banks again are doling out money to hedge funds and other investors to finance purchases of complex debt securities; banks and hedge funds are also reported to push into peer-to-peer lending. Meanwhile, banks and hedge funds are also said to have made curious deals on new structured toxic-waste securities. Goldman Sachs extended a loan to Steven Cohen backed by his $1bn art collection; and Sir Michael Hintze donated £5 million ($8.48m) to London’s Natural History Museum.

Former Lehman economist John Llewellyn said he planned to launch a macro hedge fund; Blackstone Alternative Asset said it would launch a regulated fund of hedge funds in Europe; Carl Icahn's son, Brett Icahn, and David Schechter will launch a hedge fund management company; startup bitcoin fund Vaurum received $4m seed funding from Battery Ventures, Tim Draper and Steve Case; City Financial’s Asia Macro hedge fund, Counterpoint, was launched with over $120m in assets; and former Gartmore star Guillaume Rambourg launched a second UCITS-compliant fund for his P......................

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 - U.S. hedge fund HarbourVest is shock winner in the £1.1bn SVG Capital takeover saga, Hedge fund Parvus shows hand, toppling William Hill merger deal[more]

    U.S. hedge fund HarbourVest is shock winner in the £1.1bn SVG Capital takeover saga From The fierce battle to buy Britain's biggest private equity group has come to an unexpected conclusion, with the original bidder walking away with the prize. SVG Capital has agreed

  2. Marc Lasry: Energy is still a phenomenal opportunity[more]

    From Distressed debt specialist Marc Lasry said energy debt is still a "phenomenal opportunity" because investors can get "massively overpaid" for the risk they take on. There are "huge opportunities" in the energy sector especially in restructurings, the Avenue Capital Group CEO said Tues

  3. Opalesque Exclusive: Ex-SAC manager re-emerges with market neutral hedge fund[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: A manager re-emerged from the SAC battleground last year to launch his own hedge fund under the umbrella of New York-based investment firm Endicott Group.

  4. North America - Hedge-fund manager Kyle Bass says the U.S. is on track for stagflation, Billionaire hedge fund titans Dinan, Lasry on election, markets and best investment ideas[more]

    Hedge-fund manager Kyle Bass says the U.S. is on track for stagflation From Kyle Bass, founder of Hayman Capital Management, on Wednesday warned that the U.S. is headed toward so-called stagflation. Stagflation is typically described as persistently high inflation and hi

  5. Other Voices: Follow the advice of investment consultants - I think not[more]

    Mark Rzepczynski, Founding Partner, Chief Investment Officer AMPHI Research and Trading, writes on Harvest Exchange: Investment consultants are a force to the reckoned with in the pension world. They advise and drive many pension decisions around the globe. Consultants literally control trillion