Kirsten Bischoff, Opalesque New York:
Last week, we heard of just a few fund launches from Threadneedle (emerging market macro), Pine River Capital (liquid mortgage fund), and a new commodity quant fund from Swedish firm Alfakraft Fonder, as well as UCITS funds from Man Group (European FoHFs) and Stigma Partners (global macro). Although the number of launches has dwindled recently, Conifer Securities CEO Jack McDonald offered some hope for future growth, reporting to Bloomberg this week that his firm was seeing an uptick in the number of startup hedge funds launching.
Asia was the site of multiple closures including Marble Bar’s Asia fund (after it dropped from $530m to $100m in assets), and Hong Kong-based DragonBack Capital, which has liquidated its two hedge f......................
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