Tue, May 26, 2015
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 4

Saturday, January 29, 2011

Last week, we heard of fund launches from Armajaro Asset Management, which will launch the Armajaro Natural Resources Fund in February with $70m in assets. We also learned Boaz Weinstein will launch the Saba Capital Tail Risk Fund (tail risk strategies) with $160m, Causeway Capital Management is launching the Causeway Global Absolute Return Fund, Adeos Advisers (formerly SRM Advisors) brings a special situations fund to market, and three new value strategy products were introduced by Oxeye Strategies.

GSO/Blackstone launched the Blackstone/GSO Long-Short Credit Income Fund (l/s fund), and top Turkish investor Ahmet Dedehayir returns to investing and launched Turkeys’ first hedge fund, the Arma Portfolio Management. Major banks rolling out new funds included JPM Global Natural Resources (resource fund), and Deutsche Bank launched a second hedge fund exchange traded fund, the db x-trackers db Strategies Hedge Fund Index.

We learned that Aspect Capital launched a UCITS version of its flagship offshore fund, and funds of funds launches announced this week include Trinity Capital Partners the new Quaestus Capital fund (seeder), and the John Hancock Alternative Asset Allocation Fund (multi-manager).

Mutual funds continue to knock hedge fund industry’s door with the launching of the Frost Diversified Strategies Fund (a mutual fund that acts like a hedge fund) and Forward Management’s new Tactical Enhanced Fund, a mutual fund based on a hedge fund strategy. And the much-awaited “Twitter fund” from Derwent Capital Markets will be delayed to April due to higher-than-anticipated interest from clients.

There were also closures reported last week as Artradis Fund Management Pte said it would close down its Artradis AB2 Fund and redeem investor’s money, “relatively disappointing performance,” is behind the closure of Cheyne Capital’s Macro......................

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. Comment - Top hedge fund managers talk about how easy their jobs have gotten, BlackRock to Schroders warn of Argentina’s $20bn bond glut, The 35-year “investment supercycle” is drawing to a close, says Bill Gross, Gundlach: When the Fed starts hiking rates, 'GET OUT' of this asset class[more]

    Top hedge fund managers talk about how easy their jobs have gotten From Businessinsider.com.au: Time was, before the financial crisis hit, corporate boards treated multi-billion dollar hedge fund managers like Jehovah’s Witnesses pounding on their doors and flashing bibles. But no more.

  2. T Rowe's challenge to Dell deal may fuel critics of 'appraisal'[more]

    From Reuters.com: An increasingly popular tactic used by hedge funds and others to extract more money from buyouts could soon face a major courtroom test when a big investor in Dell Inc may argue that it should be paid a higher price for the 2013 acquisition of the PC maker. The strategy, known as "

  3. News Briefs - Ergen says LightSquared plan unfairly favors hedge funds, Why hedge fund managers make good advisory clients, I learned a lot about dad-bros after spending 4 days in Vegas with 2,000 hedge funders[more]

    Ergen says LightSquared plan unfairly favors hedge funds LightSquared Inc.’s bankruptcy plan gives hedge funds that invested in the broadband company a leg up while blocking telecommunications firms from competing with it, a fund owned by Dish Network Corp. Chairman Charles Ergen said in

  4. Opalesque Exclusive: SEC approves proposed changes to Form ADV, '40 Act - comment period to follow[more]

    Bailey McCann, Opalesque New York: Hedge funds and providers of liquid alternatives will want to pay close attention to proposed reforms approved by the SEC yesterday. The changes will require more frequent reporting, as well as a closer look into social media, liquid alternative strategies, and

  5. Opalesque Exclusive: Ovation Partners targets opportunities where few "natural lenders" participate[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Changes in financial regulations post-2008 (Dodd-Frank and Basel III) are forcing banks to significantly alter their core lending businesses. And as mid-sized

 

banner