Benedicte Gravrand, Opalesque London:
Last week, we heard of launches from newly formed Little Wolf Capital (multi-strats FoHFs); CQS (distressed debt); Altegris Advisors (managed futures); Arsago Capital (Europe's first Ucits Latin America fund); Soroban (hedge fund); GAM (L/S emerging markets Ucits); Cheyne Capital (European event driven); BlueBay (emerging-market and high-yield debt funds); Clareville Capital (Ucits version of UK L/S equity strategy); James Pallotta (new fund).
Boston-based Theory Capitalclosed and wound down its small fund after less than a year, in part because of difficulty in raising new capital. Data provider HFR said hedge fund industry liquidations had returned to pre-crisis levels.
The Newedge CTA Index was up 3.49% in Au......................
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