Fri, Oct 23, 2020
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Gondor Capital’s two hedge funds post double-digit gains in 2015

Tuesday, January 26, 2016

Komfie Manalo, Opalesque Asia:

New York-based hedge fund firm Gondor Capital Management has reported that its two funds, the domestic Gondor Partners LP was up +12.18% and the offshore fund Gondor Funds LTD was up +10.61% outclassing the HFRX Equity index which declined -2.33% as well as the S&P 500 index which fell approximately -2.6% last year.

Vincent Au, Portfolio Manager at Gondor Capital Management, said that the firm has outperformed most long-only funds, long/short funds, and more famous activist funds. Gondor’s performance is beating several of the hedge fund indexes including the HFRX, BarclayHedge, Preqin and Evestment, Au boasted.

"Despite the global market turmoil and downturn, both our funds are currently profitable and positive for January 2016," Au said. "Since Gondor was launched in 2013, the financial markets have experienced several different cycles. And despite the ever changing climate, our results have remained consistent. Though candidly, as the markets have evolved, I have adapted and refined the strategy making it better. I am always happy to be a student of the market as long as it doesn't cost me anything. And even if the lesson creates a loss, my goal is to learn from it and profit from it the next time the scenario presents itself."

For 2016, Au is keeping a close eye on several headwinds in the global economy. These include currency risks, interest rates, high-yield debt, and ear......................

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. PE/VC: Coronavirus triggers borrowing spree by private equity managers, Venture capital investments reach new high in Brazil, Private-equity giants are racing to sell assets before year-end[more]

    Coronavirus triggers borrowing spree by private equity managers From FT: Private equity managers are turning to specialist borrowing facilities to ensure their highly leveraged strategies can survive the coronavirus pandemic, but there are growing concerns that the use of these complex f

  2. What's behind Viking's strong gains[more]

    From Institutional Investor: Viking Global Investors had strong performance in its three main funds in the third quarter, bringing gains for the year into the mid-to-upper teens. The Tiger Cub hedge fund firm, co-founded by O. Andreas Halvorsen, is far outperforming the broad-market averages a

  3. PE/VC: A record number of private equity funds are in the market - but closing them won't be easy, PE firms must be prepared to face challenges across each fund vintage, Wall Street is helping private equity recycle its old assets[more]

    A record number of private equity funds are in the market - but closing them won't be easy From Institutional Investor: Although there are a record number of private equity funds in the market, they are raising money at a slower pace, delaying fund closes, according to new data from Pre

  4. Franklin Templeton creates new unit with QS Investors[more]

    Laxman Pai, Opalesque Asia: Franklin Templeton will combine recently acquired QS Investors, a Legg Mason subsidiary, with Franklin Templeton Multiasset Solutions (FTMAS) business into a single consolidated unit. Effective Oct. 1, the combined business, called Franklin Templeton Investment Sol

  5. Opalesque Exclusive: A.W. Jones emerging manager fund of funds passes three year milestone, up +12.61% through August[more]

    Bailey McCann, Opalesque New York for New Managers: An emerging manager fund of funds from A.W. Jones has just passed its three-year milestone and is outperforming so far this year. The fund was up 3.29% in August a