Tue, Jul 26, 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 45

Saturday, November 13, 2010

Benedicte Gravrand, Opalesque London:

Last week, we heard of fund launches from Harbour AM (Asia-focused L/S equity); Woodhull Capital (credit opps); Canyon Capital (distressed opps); Erste Group Bank (global multi-strategy Ucits FoHFs); Dougherty & Co. (L/S small caps); Anello A.M. (currency programme); SkyTop Capital (special sits); Garrison Investment Group (opps); China's E-Fund (L/S global EM hedge fund and long-only fund); and Waratah Advisors (three hedge funds).

Boutique bank Tudor, Pickering, Holt & Co. LLC tapped Citadel A.M. to run a new energy hedge fund (the first of several), said WSJ.com; former colleagues at Duquesne Capital Management LLC are opening a new firm with $5bn in assets, the second-largest hedge-fund start-up ever, said Bloomberg; star trader Charlie Chan left Credit Suisse to launch a new hedge fund; and Moore Capital Management plans to spin off Paul Findley's European equities team, which may start a separate hedge fund in the first quarter.

RAB Capital closed down its remaining Asia-focused fund, and five members of the Hong Kong-based Pi investment team left; and Camulos Capital liquidated its flagship just months after beating back an investor petition to force it to do just that.

In October, the HFRI Fund Weighted Composite Index was up 2.35% (est.), 7.14% YTD; The Hennessee hedge fund index climbed 1.9%, 6.6% YTD; The Dow Jones Credit Suisse Hedge Fund Index posted +1.34% (est.), 7.41% YTD; The Greenwich Global Hedge Fund Index went up 2.35%, 7.4% YTD; Among IndexIQ’s investable benchmark hedge fund replication indexes, the L/S index was up 1.92% (5.48% YTD) and the Global Macro index was down 0.55% (+5.41 YTD); HFR reported that Asian hedge funds had soared in Q3; the HFRX China Index outperformed the Shanghai Composite by nearly 25% YTD.

TrimTabs Investment Research and BarclayHedge reported that the hedge fund industry had posted an inflow of $3.8bn......................

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. Opalesque Exclusive: California-based manager launches long/short equity hedge fund with unique algorithm[more]

    Benedicte Gravrand, Opalesque London for New Managers: SJL Capital LLC, an investment advisory firm based in California, has launched its maiden fund, the SJL MarketDNA Hedge Fund LP. The fund, which began trading

  2. Manny Roman to move from Man to Pimco[more]

    Benedicte Gravrand, Opalesque London: Emmanuel (Manny) Roman, an investment world veteran, has been hired by PIMCO, the large US bond fund house, as chief executive officer. PIMCO's current CEO Douglas Hodge will assume a new role as managing director and senior advisor when Roman joins P

  3. HFR: Hedge funds post strong gains in mid-July as markets recover from Brexit losses[more]

    Komfie Manalo, Opalesque Asia: Hedge funds posted strong gains through mid-July as the equity markets continued the recovery from Brexit losses. The HFRX Market Directional Index gained +2.17% (+4.22% YTD) and the HFRX Global Hedge Fund Index gained +1.03% through mid-month (+0.19%

  4. News Briefs - Carlyle goes on trial for a financial-crisis meltdown, Private equity and venture capital outperformed public markets in 2015, Pippa Middleton gets engaged to hedge fund manager James Matthews[more]

    Carlyle goes on trial for a financial-crisis meltdown Carlyle Group co-founder Bill Conway was in court on this small island last week recounting one of the most bruising episodes in his private-equity firm’s history: the 2008 collapse of mortgage-bond fund Carlyle Capital Corp. Carlyle

  5. …And Finally - Two men fall off cliff playing Pokemon Go[more]

    From BizarreNews.com: Two men who fell from a seaside cliff north of San Diego told authorities they became distracted while playing augmented reality game Pokemon Go. Encinitas fire Battalion Chief Robbie Ford said one of the men fell about 50 feet down the bluff in Encinitas while the other man fe