Tue, Mar 19, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Ex-DUMAC manager launches fund of emerging long/short equity hedge funds

Friday, March 13, 2015

amb
Geoff Keegan
Benedicte Gravrand, Opalesque Geneva for New Managers:

Geoff Keegan, who used to be a senior team member at Duke University's endowment management organization, launched Creciente Partners Investment Management, LLC, an alternative investment firm based in Raleigh, NC, in June 2014. His new fund, Creciente Global Equity Fund, LP, which started with $7.5m, seeks to identify and partner with the next generation of great hedge fund managers. He talks about his investment philosophy, his selection criteria and his plans in an interview with Opalesque.

Opalesque: What is your investment premise?

Geoff Keegan: My investment premise is based on the view that hedge funds, particularly long/short equity funds, generate their most attractive returns early in their life-cycles when they have a modest amount of capital to manage. Academic and industry research support this thesis, as does the experience of DUMAC, the investment arm for Duke University, where I spent 10 years of my career.

At this stage of the life cycle, the manager is extremely hungry. The entire team is energized, motivated, and the economics are more aligned between t......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1