Mon, Aug 21, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Review of hedge fund launches, closures, trends, regulatory and legal events - week 32

Saturday, August 14, 2010

Kirsten Bischoff, Opalesque New York:

Last week, we heard of fund launches from Emeralt (long/short, Eastern Europe equities) SSY (freight derivatives), Rosecliff Capital (long/short US equity), Reflexion Capital (long/short equity), and a Natixis fund that will be co-managed by Dr. Andrew Lo (managed futures/mutual fund). Also launching are Union Capital Management’s UCM Union Delta Fund (long/short US equity), Carrousel Capital’s Centrix IX Fund (systematic multiple style rotation investment strategy), Global Hedge Fund Group’s oil sands-backed vehicle, Harbinger’s Pan-Asia fund, and a firm launch by former Barclays Global Investors CIO which will eventually bring to market a long only Australian equities fund and a long/short product. Additionally, three asset management firms announced a joint venture in The Seed Fund, which will invest $25m-$50m per diversified portfolio into emerging hedge fund managers.

Managed account strategies being launched as fund vehicles include one from Praesidium, which is replicating a value strategy that has been in place already for two and a half years, and one from Iron Capital, an Atlanta-based firm that will launch the Gateway Fund (concentrated equities with a long-bias). We also heard of a re-launch from Capernico, which will once again focus its Copernico Argentina Fund on opportunities arising in that market. It is also evident that the UCITS trend is here to stay (see: Funds of UCITS trend in full swing, 80% of surveyed funds in launch or pre-launch mode - KDK Asset Management) and this week we heard of another fund being wrapped into a UCITS structure as Jabre announced it will ma......................

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. FinTech - Danger: Crowdfunding on the wrong platform could force you to go public[more]

    From LinkedIn.com: Some equity crowdfunding platforms are putting startups at serious risk. Working with a platform that doesn't structure your deal appropriately could jeopardize your ability to raise future capital or worse, force you to become a public reporting company. The emergence of eq

  2. David Tepper says we're 'nowhere near an overheated' stock market[more]

    From Marketwatch.com: Billionaire David Tepper thinks comparing this current stock-market environment with the overheated markets of 1999 is "ridiculous." The hedge-fund manager, who runs Appaloosa Management, told CNBC in a phone interview on Tuesday that the market's record run, notwithstanding la

  3. Opalesque Exclusive: Altegris and Artivest partner on distribution for alternative funds suite[more]

    Bailey McCann, Opalesque New York: California-based investment firm Altegris has partnered with New York-based alternative investments platform Artivest on distribution for $1 billion in alternative funds. The partnership also launches Artivest's capabilities to offer alternative solutions to acc

  4. Investing - Buffett's Berkshire Hathaway will not increase its Oncor offer, Travel-tilting hedge funds are investing in airlines and online travel agencies[more]

    Buffett's Berkshire Hathaway will not increase its Oncor offer From Reuters.com: The energy unit of Warren Buffett's Berkshire Hathaway Inc said on Wednesday it will "stand firm" on its $9 billion offer to acquire 80 percent of Oncor Electric Delivery Company LLC and will not increase it

  5. Investing - David Tepper sells airline stocks, except Delta[more]

    From Forbes.com: Head of successful hedge fund Appaloosa Management, David Tepper shied away from airlines in the second quarter after upping his bets in the first three months of the year, according to his portfolio filing released this week. Tepper sold all of his position in United Continen