Sun, Oct 26, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Ledbury launches maiden equity and special sits hedge fund

Thursday, August 07, 2014

Benedicte Gravrand, Opalesque Geneva for New Managers:

Ledbury, an emerging hedge fund shop launched by Michael Alsalem, started trading last month.

Ledbury Capital Partners LLP is a London-based investment manager specializing in deep value special situations European equities and co-founded by CIO Michael Alsalem and COO Chude Chidi-Ofong, according to Wells Fargo. Previously Alsalem worked at Centaurus Capital, Highbridge Capital Management, Kingdon Capital and K Capital; and Chude Chidi-Ofong worked at Eton Park International LLP, Caxton Europe Asset Management Ltd and DE Capital Management LLP.

Protégé Partners reportedly backed the firm. Protégé is a New York-based specialized asset management firm that was founded in 2002 by Jeffrey Tarrant and Ted Seides to focus exclusively on investing in established smaller hedge funds and select emerging managers.

The Ledbury Capital Master Fund Ltd, which launched in July, runs a European-focused value-driven equity and special situations strategy.

Wells Fargo Global Fund Services was selected to provide daily fund administration and middle and back office ope......................

To view our full article Click here

Banner

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. Commodities - Oil wreaking havoc on small-cap energy stocks sliding 36%[more]

    From Bloomberg.com: Owning almost anything in the U.S. stock market has been a losing proposition since September. Owning smaller energy companies has been a catastrophe. Hercules Offshore Inc. and Resolute Energy Corp. are among 19 oil-and-gas equities in the Russell 2000 Index that lost more than

  2. Investing - Hedge funds favor equity long/short, Strategic bond managers hedge against further high yield sell-off[more]

    Hedge funds favor equity long/short From Securitieslendingtimes.com: Equity long/short strategies will generate good returns for hedge funds in the future, according to a panel at this year’s Risk Management Association Conference on Securities Lending in Naples, Florida. Panellists Sand

  3. Legal - Ex-hedge fund analyst weeps as judge hands down 5 year sentence, Former Columbus investment manager Steven P. Moore indicted on theft charges, SEBI confirms ban for Hong Kong hedge fund, SEC announces enforcement action against compliance officer[more]

    Ex-hedge fund analyst weeps as judge hands down 5 year sentence From Hereisthecity.com: An ex-hedge fund analyst was sentenced to 5 years in prison for his role in insider-trading scheme. The New York Post reports that former hedge fund analyst Matthew Teeple was sentenced Thursday to fiv

  4. Goldman in talks to acquire IndexIQ[more]

    From Bloomberg.com: Can Goldman Sachs put ETF investors on a liquid diet? Goldman is in talks to acquire IndexIQ, Reuters has reported. Index IQ is a small exchange-traded-fund firm known mostly for products that replicate hedge fund strategies, called "liquid alternative" ETFs. While IndexIQ has 11

  5. Other Voices: CALPERS dilemma should be a warning to hedge funds wanting institutional investors[more]

    From Ian Hamilton, founder of IDS Group. A quick comment on the CALPERS’ disinvestment from the hedge fund market and the jitters it is causing. Pension Funds should not be sheep and follow CALPERS’ decision as the issues that CALPERS has with hedge fund investments are in many ways unique t