This week, Swiss Investment Managers launched its Directors Dealings Fund. New boutique advisory firm Blackpeak Group launched in Asia to focus on private equity and hedge funds. Franklin Templeton launched Franklin Templeton Global Allocation Fund (multi-strategy) for U.S. investors. Kames Capital will launch an absolute return fund for Stephen Snowden and Colin Finlayson. And former Tudor Investment Corp.’ executives Nigel Whittaker and John Macfarlane will launch Zafferano Capital LP fund (emerging markets). Moreover, Hermes BPK announced the launch of its seeder platform with Northern Lights Capital Group.
Netherlands and London-based Aethra Asset Management shut down after failing to attract investors.
Och-Ziff lost $500m in assets compared to Jul......................
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