Tue, Feb 21, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Opalesque Roundup: Hedge fund redemptions rose to 4.32% in mid-May: hedge fund news, week 22

Monday, May 26, 2014

In the week ending 23 May 2014, hedge funds assets redemptions rose to 4.32% in mid-May from 3.23% in April according to the SS&C GlobeOp Forward Redemption Indicator; Eurekahedge said positive returns and less redemptions stabilized AuM for funds of hedge funds; and Citadel completed its first international fund raising in China.

CalSTRS pledged $200m to provide seed capital to activist hedge fund Legion Partners.

Deutsche Asset & Wealth Management launched the DWS Strategic Equity Long/Short Fund; Premier Group launched the SRI fund for retail investors; AXA group said it would build 'fund of funds' for socially responsible investing; Jason Mann will launch a healthcare hedge fund in June; Aberdeen Asset expected to complete a new fund that invests in Brazilian stocks and government debt; AMP Capital launched a long/short equity strategy; Ken Xu is setting up his own hedge fund in Hong Kong; Gary Klopfenstein is leaving Mesirow Financial to open a boutique firm focused on currency and alternative investments; Eigenvector Capital launched its first fund that focuses on systematic value-based strategy, Gottex Fund developed a new fund that provides retail investors access to endowments; and a team of investment veterans to launch a global emerging market hedge fund for Gemfonds.

361 Capital said ......................

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. With $54bn in assets, Philippines is ready for hedge funds, alternative investment products[more]

    Komfie Manalo, Opalesque Asia: With the country's outstanding fund management industry at $54bn and growing, the Philippine market and its investors are ready to invest in "more sophisticated" asset management products, like hedge funds and alternative investments, said Deanno J. Basas, presi

  2. SoftBank to buy Fortress Investment for $3.3bn[more]

    From Reuters.com: Japan's SoftBank Group Corp on Wednesday said it has agreed to buy Fortress Investment Group LLC for about $3.3 billion, looking to add investment expertise as it prepares to launch the world's largest private equity fund. The all-cash deal is SoftBank's first major investmen

  3. ...And Finally - Truth in advertising[more]

    From Newsoftheweird.com: Girl Scout Charlotte McCourt, 11, of South Orange, New Jersey, saw her sales zoom recently when she posted "brutally honest" reviews of the Scouts' cookies she was selling -- giving none of them a "10" and labeling some with dour descriptions. She was hoping to sell

  4. Europe - Brexit - Updated legal guide, Euro exchange rates set to tumble as hedge fund's super computer predicts Marine Le Pen will be next French president, Swiss fund market hits all-time high[more]

    Brexit - Updated legal guide From Herbertsmithfreehills.com: When we began analysing in depth the possibility of Britain exiting the EU (Brexit), 18 months prior to the June 2016 referendum, the business consensus was very much that Brexit was a remote prospect that either would never hap

  5. People - Gramercy appoints Bradshaw McKee as managing director of Capital Solutions, Trump taps Cerberus's Feinberg to lead intelligence review[more]

    Gramercy appoints Bradshaw McKee as managing director of Capital Solutions Gramercy Funds Management LLC, a $5.8 billion dedicated emerging markets investment manager, today announced the appointment of Bradshaw McKee to the position of Managing Director, Capital Solutions and Distressed