Mon, May 30, 2016
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 41

Saturday, October 16, 2010

Kirsten Bischoff, Opalesque New York:

Last week, we heard of fund launches from Wykeham Capital (Asia focused long-biased, small and micro cap equities), Amber Capital (global long/short focused on consumer, retail and ag stocks), GLG (multi asset, global macro UCITS), and a new Brevan Howard listed feeder fund company (investing in the firms credit catalyst fund).

Also launching is a mortgage hedge fund from James Caird Asset Management, and three new investment vehicles from Galloway Capital, which rolled their global credit theme flagship to US investors, and added a Latin America fixed income fund and a Brazil fixed income fund to their offerings.

Astounding asset raises by Goldman alum set new highs for 2010 this week as we learned Mark Carhart’s long-awaited Kepos Alpha Fund (multi-asset) will launch in November as will former GS traders Madelblatt, (equities) and Flamand’s funds, with the each of the trio already raising $500m prior to their official launches. Also showing strength this week in asset-raising is asset management firm Angelo Gordon, which just raised $625m for a new Asia Realty Fund.

In fact, stories of larger asset raises dot the news more often, even as most managers struggle to find investors interested in entering the markets at all. However, the bump up in launch announcements (mainly from prop traders spinning out of banks), as well as Cayman officials reporting fund registrations climbing 5% has some observing Hedge funds rush to the market as investors' appetite for alternative assets increases. (Which we might consider an overstatement this early into the ‘recovery’ of industry assets).

September Indices reflected a good month with:......................

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. Performance - Hedge fund ETFs take a battering, Have long-short credit funds delivered?[more]

    Hedge fund ETFs take a battering From ETFStrategy.co.uk: It was a blow for the hedge fund world when Hillary Clinton’s son-in-law Marc Mezvinsky announced he would be closing his Greek-focused fund after it plummeted in value by 90%, just two years after it launched. For passive investor

  2. Ares Capital to buy American Capital in $3.4 billion deal[more]

    From PIOnline.com: Ares Management's business development company Ares Capital Corp. is buying troubled BDC American Capital for $3.43 billion, said a joint news release by the BDCs and another release by Ares Management. Ares Capital Corp.'s assets are expected to grow to about $13.2 billion when t

  3. Launches - Man Group and American Beacon launch new emerging debt fund, Nikko AM launches new Japan equity UCITS fund[more]

    Man Group and American Beacon launch new emerging debt fund American Beacon Advisors, an experienced provider of investment advisory services to institutional and retail markets, launched the American Beacon GLG Total Return Fund today. The Fund became effective May 20. The America

  4. Emerging markets hedge funds perform strongly, but capital base erodes[more]

    Komfie Manalo, Opalesque Asia: Latin American Emerging Markets and Russian hedge funds lead industry gains in the first months of 2016, posting strong performances through April as global and EM equity, commodity and currency markets surged in recent weeks following steep losses to begin the year

  5. Americas - Australian banks sending U.S. hedge funds broke, Ryan Puerto Rico ‘rescue’ bill could be windfall for hedge funds[more]

    Australian banks sending U.S. hedge funds broke From SMH.com.au: US hedge funds are not having the best of years. Profits are hard to find, they're underperforming and the punters are losing patience, withdrawing US$15 billion ($20.8 billion) in the March quarter. They're expected to wit