Thu, Oct 23, 2014
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 20

Saturday, May 21, 2011

We learned of launches from Gramercy (master fund with exposure to firm-wide strategies), Para Advisors (multi-strategy UCITS), former Tiger Asia pro Hugh Kim (Greyson Asia Fund a long/short equity strategy), Implied capital (offshore market neutral), and Jeff Middleswart announced he would launch a fund in July (short-selling).

Also announcing a new fund launch was Tiedemann Wealth Management which launched the TWM Partners Fund (global, multi-manager strategy), SAC Capital (quant fund), APG (hedge fund incubator), Palmer Square Capital Management (mutual fund of funds), Deka (multi strategy UCITS), and Stuart Bohart will launch a second and third fund at Fortress.

We also heard that the $40m Twitter based hedge fund Derwent Capital Markets is now open for business.

At the end of the week, the perhaps unsurprising news hit that FrontPoint Partners will close most of its funds by the end of the month due to the effects of its association with the insider trading scandal.

Hedge funds April performance numbers continued to trickle in with multi-strategy hedge fund EMAR fund securing gains, up 1.66% in April, and bringing Citigroup’s Mortgage/Credit Opportunity Fund to 16% YTD, and Arcanum's REIT hedge fund reporting an annualized return of 23.4% in 3 years. Paradigm Capital Management also announced its investment at Stryker Corp., yielded the firm 53% returns.

Global hedge fund assets reached $2.02tln as industry leverage declined, said Hedge Fund Research this week. The return of assets has helped several batte......................

To view our full article Click here

Banner

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. Commodities - Oil wreaking havoc on small-cap energy stocks sliding 36%[more]

    From Bloomberg.com: Owning almost anything in the U.S. stock market has been a losing proposition since September. Owning smaller energy companies has been a catastrophe. Hercules Offshore Inc. and Resolute Energy Corp. are among 19 oil-and-gas equities in the Russell 2000 Index that lost more than

  2. Investing - Hedge funds favor equity long/short, Strategic bond managers hedge against further high yield sell-off[more]

    Hedge funds favor equity long/short From Securitieslendingtimes.com: Equity long/short strategies will generate good returns for hedge funds in the future, according to a panel at this year’s Risk Management Association Conference on Securities Lending in Naples, Florida. Panellists Sand

  3. Legal - Ex-hedge fund analyst weeps as judge hands down 5 year sentence, Former Columbus investment manager Steven P. Moore indicted on theft charges, SEBI confirms ban for Hong Kong hedge fund, SEC announces enforcement action against compliance officer[more]

    Ex-hedge fund analyst weeps as judge hands down 5 year sentence From Hereisthecity.com: An ex-hedge fund analyst was sentenced to 5 years in prison for his role in insider-trading scheme. The New York Post reports that former hedge fund analyst Matthew Teeple was sentenced Thursday to fiv

  4. Goldman in talks to acquire IndexIQ[more]

    From Bloomberg.com: Can Goldman Sachs put ETF investors on a liquid diet? Goldman is in talks to acquire IndexIQ, Reuters has reported. Index IQ is a small exchange-traded-fund firm known mostly for products that replicate hedge fund strategies, called "liquid alternative" ETFs. While IndexIQ has 11

  5. Other Voices: CALPERS dilemma should be a warning to hedge funds wanting institutional investors[more]

    From Ian Hamilton, founder of IDS Group. A quick comment on the CALPERS’ disinvestment from the hedge fund market and the jitters it is causing. Pension Funds should not be sheep and follow CALPERS’ decision as the issues that CALPERS has with hedge fund investments are in many ways unique t