Benedicte Gravrand, Opalesque Europe:
Last week, we heard of fund launches from Davidson Kempner Capital (event driven multi-strat); Traxis Partners (UCITS version of flagship); Hamon A. M. (China absolute return); LibreMax Capital (credit); Trafalgar (Ucits version of European L/S equity fund); Frontier Capital (managed futures FoFs).
Also, 76-year-old California entrepreneur Daniel Maarsman will launch a hedge fund as he wants ‘to see people make some decent money;’ D.E. Shaw’s exec Daniel Posner will leave and launch his own hedge fund, said Hfmweek.com, which also reported that Faisal Syed, formerly of Highbridge Capital, had formed New York-based PAMLI Capital Management to launch a credit relative value and L/S strategy, that Brevan Howard had launched its third Uci......................
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