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

Opalesque Roundup: Record launches in Q1 push number of hedge funds to over 10,000: hedge fund news, week 27

Monday, June 29, 2015

In the week ending 26 June, 2015, HFR said that hedge fund launches totaled 264 in 1Q15, the highest level since 2Q14, bringing the total number of hedge funds globally to 10,149. Gottex Asset has launched its Multi-Asset Growth Fund; Citadel is planning to launch a new equities business based on the West Coast; Knight Vinke will start a new fund in September to open its activist hedge fund strategy to investors looking for daily liquidity and smaller minimum investment; and Chris Rokos is back and is converting his family office into a fully-fledged hedge fund.

SYZ Asset Management has launched OYSTER Multi-Asset ActiProtect, a new sub-fund of its Luxembourg SICAV (UCITS).

A number of so-called Tiger hedge funds have shut down but analysts say it is not a trend.

The Lyxor Hedge Fund Index was up 0.3% (as at end June 16) (+2.6% YTD); The Barclay CTA Index was down 0.17% in May (+1.83% YTD); And the UCITS HFS Index slowly gained momentum and was up 0.21% (2.71% YTD).

Bridgewater Associates’ year-to-date performance is expected to reach 9.9% in the Pure Alpha Strategy; Pine River, Springs Capital (Hong Kong) and Legends Asset have outperformed the MSCI Asia-Pacific Index last month; Brookfield Asset Management short interest went up 54.5% in May; and Schooner Hedged Alternative Income Fund ga......................

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