Sat, Jun 25, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Gerber Taylor Management raises $19m for its latest fund of funds

Wednesday, August 06, 2014

Bailey McCann, Opalesque New York:

Memphis-based Gerber Taylor Management, a fund of hedge funds investment manager has raised approximately $19 million for its latest fund of funds Palladian Partners VIII, according to SEC filings. The fund has a $250 million target.

Gerber Taylor Management has approximately $4.9 billion in assets under management in addition to this fund.

The firm invests across all alternative asset classes through its fund of fund vehicles. The fund of hedge fund vehicle will look at strategies such as convertible bond arbitrage, merger arbitrage, distressed securities, global long/short, and private equity/real estate.

Previous Palladian Partners funds were slightly smaller in size, hovering around $200 million.

The fundraise is notable as fund of funds reemerge after a longstanding narrative that the vehicles were too expensive. The data bears this out, HFR data for the month of July shows that fund of funds saw their first inflows in three years, with total invested capital exceeding $670 billion.

LP's are also continuing a steady march to fund of funds offerings, Colorado Springs, Colorado's county pension plan is considering fund of funds investments after liquidating its holdings in GAM U.S. Institutional Trading II, due to performance concerns. The Employees Retirement System of Texas is also said to be looking at emerging managers fund of funds for its pension portfolio.

Sources familiar with recent fund of fu......................

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 Roundup: Hedge funds shrink as liquidations outpace new launches in Q1: hedge fund news, week 27[more]

    In the week ending 17 May, 2016, HFR said hedge fund liquidations declined narrowly to begin 2016 after rising sharply to conclude 2015, as investors positioned f

  2. Europe - Hedge funds keep powder dry over big Brexit bets, Hedge funds sense profit in Europe shock waves after Brexit vote, Soros warns Brexit may cause pound plunge worse than Black Wednesday, After Brexit: What will happen if Britain votes to leave the UK?[more]

    Hedge funds keep powder dry over big Brexit bets From FT.com: Hedge funds are shying away from big bets on Brexit, with many unwilling to risk further losses having already suffered a painful first half of the year. With the outcome of a UK vote on the country’s membership of the Europea

  3. News Briefs - ’Flash Boys’ get green light to launch stock exchange, Pimco says ‘storm is brewing’ in U.S. commercial real estate, Bankers get ready to rumble at Hedge Fund Fight Night, AIMA Australia celebrates 15th anniversary[more]

    ’Flash Boys’ get green light to launch stock exchange In an investing environment ruled by fast, the newest U.S. public stock exchange is banking on slow. Well, slower. IEX Group, which won Securities and Exchange Commission approval on Friday to go head-to-head with the New York Stock E

  4. Blackstone buys minority stake in New York-based credit hedge fund Marathon[more]

    Benedicte Gravrand, Opalesque Geneva: Blackstone Strategic Capital Holdings Fund, a vehicle managed by Blackstone Alternative Asset Management (BAAM), has acquired a passive, minority interest in Marathon Asset Management, for an undisclosed sum. Based in New York,

  5. Global markets fell, hedge funds gain in mid-June on Brexit, Fed rate concerns[more]

    Komfie Manalo, Opalesque Asia: Global financial markets declined through mid-June, as uncertainty associated with the upcoming Brexit referendum and expected U.S. Fed interest rate hike contributed to increases in volatility across asset classes, data provider