Sat, Jul 30, 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 38

Saturday, September 24, 2011

Former members of FrontPoint Partners launched their own hedge fund called Seawolf Capital; Stuart Powers is assembling a team for the January 1st launch of his hedge fund firm Hengistbury Investment Partners (global long/short equity fund); Cowen Group launched the Ramius Trading Strategies Managed Futures Fund; Cambridge Strategy was chosen as the launch manager for the CitiFX Access platform (a multi-manager platform); R. G. Niederhoffer Capital Management started the Roy G. Niederhoffer Inflation Protection Program; former Highbridge manager Jason Esralew said he was starting an event-driven hedge fund at Ionic Capital Management; Blackstone Group is considering to back Ali Akay’s Carrhae Capital hedge fund that will start trading in December; and South African group IDS is currently setting up new hedge funds on its new Malta platform.

Brevan Howard is to return $2bn to the Master Fund’s investors to avoid growing so large that its performance suffers; Arrowgrass Capital Partners is considering shutting down its equity fund following heavy redemptions; and the GlobeOp Forward Redemption Indicator, up 3% for September (compared to 19% in Nov-2008), showed that investors continue to trust the industry.

According to Eurekahedge, Asia-focused hedge funds netted around $500m in assets - a 32-month high. Craig Drill Capital reported a $12m growth in assets to $173.2m; the Morgan Stanley AIP Seventh Street Fund attracted 64 investments and reached $86.8m; and Raging Capital Management reached $100.08m after attracting 20 investment interests.

The Barclay Hedge Fund Index was down 3.42% in August (-2.50% YTD); The Eurekahedge hedge fund index was down -2.13% (-1.61% YTD); The Barclay CTA inde......................

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 Exclusive: California-based manager launches long/short equity hedge fund with unique algorithm[more]

    Benedicte Gravrand, Opalesque London for New Managers: SJL Capital LLC, an investment advisory firm based in California, has launched its maiden fund, the SJL MarketDNA Hedge Fund LP. The fund, which began trading

  2. Manny Roman to move from Man to Pimco[more]

    Benedicte Gravrand, Opalesque London: Emmanuel (Manny) Roman, an investment world veteran, has been hired by PIMCO, the large US bond fund house, as chief executive officer. PIMCO's current CEO Douglas Hodge will assume a new role as managing director and senior advisor when Roman joins P

  3. Opalesque Exclusive: ArbitrOption outperforms benchmarks, up 7.18% in H1[more]

    Komfie Manalo, Opalesque Asia: Independent registered advisor ArbitrOption breezed through the tumultuous Brexit referendum and outperformed its benchmarks. ArbitrOption was up 7.18% in the first half of 2016 compared to the S&P 500 which gain

  4. Europe - European hedge funds shrink and shutter as turmoil hurts returns, Investors go bargain-hunting for U.K. property after Brexit vote, Brexit: Guidance for fund directors - what to know and what to ask[more]

    European hedge funds shrink and shutter as turmoil hurts returns From Bloomberg.com: Europe’s hedge-fund industry contracted for a sixth straight quarter as the U.K.’s decision to leave the European Union and concerns that China’s growth is slowing caused losses and forced some money man

  5. Platinum Partners starts liquidation of hedge funds following municipal union kickback scandal[more]

    Komfie Manalo, Opalesque Asia: Platinum Partners, the hedge fund in the middle of a New York City municipal union kickback investigation, is reported to be liquidating two of its funds, the New