Fri, Mar 27, 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 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. Other Voices: Does the hedge fund industry benefit society?[more]

    This article was authored by Don Steinbrugge, Chairman of Agecroft Partners, a US-based global consulting and third party marketing firm for hedge funds. It is no secret that the hedge fund industry is viewed negatively by a la

  2. Private credit comes into focus for investors[more]

    Bailey McCann, Opalesque New York: As investors look for a way out of the low yield/no yield environment, private credit is becoming an increasingly attractive asset class, according to a white paper from Bayshore Capital Advisors. Private credit has grown steadily since the financial crisis as

  3. Other Voices: The role of diversification in CTA portfolios[more]

    2014 brought a resurgence of managed futures strategies, or CTAs, which performed very well as a whole, outperforming all other hedge fund strategies. However, a closer look reveals that there was a wide range of performance, or return dispersion, across managers. The bottom line? Not all CTAs

  4. Neuberger Berman unit buys 20% stake in activist hedge fund Jana Partners for $2bn[more]

    Komfie Manalo, Opalesque Asia: Neuberger Berman’s unit Dyal Capital Partners bought a 20% stake in activist hedge fund firm Jana Partners worth $2bn, WSJ.com reports. The deal comes as activi

  5. Hedge fund launches fall again, $1bn funds found to outperform even smaller hedge funds[more]

    Komfie Manalo, Opalesque Asia: The number of new hedge fund launches fell again in 2014, the third consecutive year of decline, while fund liquidations saw their first drop since 2010, according to the latest HFR Market Microstructure Industry Report released by industry data provider HFR. Acc

 

banner