Tue, Dec 12, 2017
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 45

Saturday, November 12, 2011

Peak Partners launched a single manager forex fund; ex-Gandhara Capital executive Aileen Chang is starting a new Asia hedge fund named Kriya Uprofish Macro Fund; Trafalgar Capital Advisors partnered with Marylebone Fund Management Group to launch the PreIpo2Ipo fund (bridge financing); GAM A. M. launched a UCITS version of its offshore catastrophe bond fund; Galton Capital is preparing to launch a fund to capitalise on the opportunity offered in sales of distressed US mortgage portfolios; Hermes BPK Partners created an equity long/short FoHFs strategy seeded with $550m from an unidentified European institutional investor; SYZ A.M. is to start a managed accounts platform in cooperation with UBS; New York-based event-driven hedge fund firm Paragon Capital Advisors is launching its flagship offering to institutional investors; Hong Kong-based Rega Technologies plans to launch a China-focused long/short equities hedge fund in January with $40m in initial capital from partners, friends and family; and ex-SEB head of asset management Seppo Leskinen is to start his own advisory boutique in Singapore called Karelia Capital Advisors.

The Hennessee Hedge Fund Index advanced +2.46% in October (-2.95% YTD), while the S&P 500 increased +10.77% (-0.35% YTD), the Dow Jones Industrial Average advanced +9.54% (+3.25% YTD), the NASDAQ Composite Index climbed +11.14% (+1.19% YTD); and the Barclays Aggregate Bond Index advanced +0.11% (+6.79% YTD) as bonds were mixed; The Bloomberg aggregate hedge-fund index increased 1.4% (-2.9% YTD); Alix Capital’s UCITS Alternative Index Global went up 1.81% (-2.71% YTD); UcitIndex.com’s UCITS HFS Index increased by 0.68% (-4.17% YTD); The HFRI Fund Weighted Composite Index gained 2.43% (-3.5% YTD); The Greenwich Global Hedge Fund Index was up 2.27% (-3.2% YTD); The Eurekahedge Hedge Fund Index gained 1......................

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. Mediobanca acquires majority stakes in Swiss hedge fund[more]

    Komfie Manalo, Opalesque Asia: Listed diversified banking group Mediobanca SpA said it has acquired a majority stake in Geneva-based hedge fund firm RAM Active Investments SA (RAM AI), an active and alternative asset manager offering a range of act

  2. News Briefs - Italy's Carige to sell consumer credit arm to Chenavari, Less than a year after hedge fund coup, East Bay drug maker cuts jobs, looks to move HQ[more]

    Italy's Carige to sell consumer credit arm to Chenavari Italy's Banca Carige aims to sell its consumer credit unit to London-based hedge fund Chenavari by Dec. 6 when a vital 560 million euro ($664 million) cash call ends. Genoa-based Carige must comply by the end of the year with Europe

  3. Launches - Ex-BlueCrest team to open over $200m hedge fund, Greg Coffey, a hedge fund star who retired at 41, is eyeing a comeback, Brevan Howard plans Greek funds as bond rally signals revival[more]

    Ex-BlueCrest team to open over $200m hedge fund From Bloomberg.com: A team of traders who left BlueCrest Capital Management earlier this year raised more than $200 million for their own hedge fund focused on Asian stocks, according to a person familiar with the matter. Ovata Capital Manag

  4. North America - Miami could attract hedge funds if SALT deductions axed[more]

    From Law360.com: For years, inertia has been Nitin Motwani's greatest foe in his attempts to lure hedge fund owners in the northeast to Miami, which he has pitched as a tropical low-tax paradise. But with the Republican tax bill proposing to eliminate deductions for state and local taxes, he's sensi

  5. Northleaf Capital Partners closes debut private credit fund on $670M[more]

    Bailey McCann, Opalesque New York: Northleaf Capital Partners has closed its debut private credit fund - Northleaf Private Credit I - on $670 million. The vehicle will invest in private credit transactions in Europe and North America, with a primary focus on lending to private equity-backed compa