Mon, Jun 27, 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 11

Saturday, March 19, 2011

Benedicte Gravrand, Opalesque Geneva:

This week, we heard of launches from Plenum Investments (energy hedge fund); Highbridge Capital (Ucits III commodities fund); Global Fund Exchange (water, natural resources and agriculture fund); Hume Capital (Global Opportunities fund); Grand Slam (maiden hedge fund); Danske Invest (Denmark's first Ucits-compliant hedge funds); and Peak Partners (green fund).

“We have seen more start-up activity in the past 6 months than we have over the course of the entire past 24 months,” Jack McDonald, CEO of Conifer Securities LLC told Opalesque.

Also, BNP Paribas launched a new alternative investments subsidiary; several hedge fund industry veterans launched Privium, a one-stop shop solution for emerging hedge funds; and other hedge fund veterans launched Pulse Capital Partners, for seeding/acceleration and customized portfolio solutions.

New York-based Quantitative Research & Trading (QRT) shut down following a series of investor redemptions, HFMWeek said; HFMWeek also reported that Connecticut-based Plainfield Asset Management, which is currently liquidating its assets, is expected to return all investor capital by June 2012 before making a decision on its future. Finally, Zoe Cruz’s Voras Capital closed its credit fund due to low assets and several employees have left, reported NYpost.com.

The Newedge CTA Index is up 1.13% in February, -0.32% YTD; The HFRX Global Hedge Fund Index returned 0.73%, +1.29% YTD; The RBC Hedge 250 Index gained 1.23%, +1.94% YTD; The Barclay CTA Index is up 0.96% (est.), -0.13% YTD; And the Scotia Capit......................

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 Roundup: Hedge funds shrink as liquidations outpace new launches in Q1: hedge fund news, week 27[more]

    In the week ending 17 May, 2016, HFR said hedge fund liquidations declined narrowly to begin 2016 after rising sharply to conclude 2015, as investors positioned f

  2. Europe - Hedge funds keep powder dry over big Brexit bets, Hedge funds sense profit in Europe shock waves after Brexit vote, Soros warns Brexit may cause pound plunge worse than Black Wednesday, After Brexit: What will happen if Britain votes to leave the UK?[more]

    Hedge funds keep powder dry over big Brexit bets From FT.com: Hedge funds are shying away from big bets on Brexit, with many unwilling to risk further losses having already suffered a painful first half of the year. With the outcome of a UK vote on the country’s membership of the Europea

  3. News Briefs - ’Flash Boys’ get green light to launch stock exchange, Pimco says ‘storm is brewing’ in U.S. commercial real estate, Bankers get ready to rumble at Hedge Fund Fight Night, AIMA Australia celebrates 15th anniversary[more]

    ’Flash Boys’ get green light to launch stock exchange In an investing environment ruled by fast, the newest U.S. public stock exchange is banking on slow. Well, slower. IEX Group, which won Securities and Exchange Commission approval on Friday to go head-to-head with the New York Stock E

  4. Blackstone buys minority stake in New York-based credit hedge fund Marathon[more]

    Benedicte Gravrand, Opalesque Geneva: Blackstone Strategic Capital Holdings Fund, a vehicle managed by Blackstone Alternative Asset Management (BAAM), has acquired a passive, minority interest in Marathon Asset Management, for an undisclosed sum. Based in New York,

  5. Investing - Soros, Druckenmiller among hedgies profiting in market plunge, Hedge funds were most bullish on bonds since 2004 before Brexit, Surprise Brexit vote unleashes scramble for dollars, High-yield hit on Brexit but no panic selling, Scientist turned hedge fund founder lured to pound, euro, Hedge fund avoids commodities, posts big gains[more]

    Soros, Druckenmiller among hedgies profiting in market plunge From HITC.com: Bullish positions in gold and volatility and well-timed short bets on China and emerging markets, among other areas, were some of the trades that benefited hedge funds on Friday as markets digested Britons' s