Tue, May 3, 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 14

Saturday, April 09, 2011

Last week, we heard of fund launches from UK ex-prime minister Tony Blair who has teamed up with a private equity veteran to launch Collabrium Capital (FoHF and fund of private equity funds), former Deephaven Capital Management PM Edouard Salet will launch a fund this summer (global long/short equity), Forex strategist Stephen Jen announced he will launch a fund, and eight Deutsche Bank traders led by Kay Haigh have left the bank to form a fund. Columbia Management announced the launches of two absolute return funds, Julian Robertson is reopening Tiger Management to outside investors for the first time in more than a decade, and Blackstone Group has announced it will spin off its maiden global infrastructure fund, which has raised just $350m from outside investors since its launch almost two years ago.

UCITS announcements also continue to roll out with RAB Capital launching two new funds (mining and resources, and gold and precious equities), Matrix Asset Management will launch a Europe long/short fund (targeting markets such as Russia, Poland, the Czech Republic, Austria, Greece and Turkey). Axa Investment Managers has launched the AXA World Fund Multi Alpha, and Aberdeen Asset Management will launch the MM Diversified Alpha fund.

Ironbound Capital has reported the closure of its flagship Ironbound Partners Fund which implemented a global long/short equity strategy.

The Hedgegate Swiss funds of hedge funds Index was down 0.23% in January; the Credit Suisse Liquid Alternative Beta Index up +1.28% in March (+4.39% YTD); the IndexIQ Hedge Global Macro Beta Index up +1.12% (+1.06% YTD); the HFRX Global Hedge Fund Index down 0.88% (+0.40% YTD); the 2n20: UCITS HFS Index loses 0.79% (-0.68% YTD); the HFRI Fund Weighted Composite Ind......................

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. Hedge funds see $14.3bn outflows in Q1, CTAs and multi-strategy lead net inflows[more]

    Komfie Manalo, Opalesque Asia: The hedge fund industry saw net outflows of investor capital in the first quarter of the year, totaling $14.3bn, data from Preqin showed. This continues from the $8.9bn overall net outflows that funds recorded in Q4

  2. Third Point calls Q1 "catastrophic" for hedge funds[more]

    Bailey McCann, Opalesque New York: The first quarter of this year was rocky for hedge funds based on aggregate performance from the industry, but now we are beginning to hear what the managers thought of it as quarterly letters make their way to investors. Dan Loeb, CEO of New York-based $17 bill

  3. Asia - Stabilization of China's capital outflows may hinge on Janet Yellen, Fink says China to do well this year as bubble threat postponed, Chinese hedge fund to invest in India’s infrastructure[more]

    Stabilization of China's capital outflows may hinge on Janet Yellen From Bloomberg.com: Whether China’s recent stabilization of its currency and capital outflows continues -- or downside pressure reignites -- may hinge in large part on Janet Yellen. If the Federal Reserve chair sticks to

  4. …And Finally - After all, judges are human too[more]

    From Newsoftheweird.com: In March, one District of Columbia government administrative law judge was charged with misdemeanor assault on another. Judge Sharon Goodie said she wanted to give Judge Joan Davenport some files, but Davenport, in her office, would not answer the door. Goodie said once the

  5. Comment - Unmasking the men behind Zero Hedge, Wall Street's renegade blog[more]

    From Bloomberg.com: Colin Lokey, also known as "Tyler Durden," is breaking the first rule of Fight Club: You do not talk about Fight Club. He’s also breaking the second rule of Fight Club. (See the first rule.) After more than a year writing for the financial website Zero Hedge under the n