Sat, Aug 19, 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 48

Saturday, December 03, 2011

A report by the Financial Times showed that investors’ appetite for new hedge fund launches has been revived in their search for “next generation managers”; Japanese firm FGI Capital Partners has launched a $500m event-driven hedge fund; Martin Coward said he would launch a systematic trading fund in the first quarter of 2012 with $50m in seed money; former bankers at Goldman Sachs Group and Mizuho Corporate Bank said they would launch the Edgebell Global Macro hedge fund in February next year; ex-Goldman Sachs Group proprietary traders Bennett Grau and Mark Mallon have teaming up with former colleague Marc Mezvinsky to start a hedge fund; and Deutsche Bank and Omega Advisors will launch the UCITS compliant DB Platinum Omega fund on the bank's UCITS platform this month.

Goldman Sachs Group is said to be now focusing on seeding hedge funds after it got burned by investments in its own hedge funds at the height of the financial crisis.

Capital One Financial revealed plans to restructure or sell its hedge fund and private equity investments that are prohibited under the new Volcker rule in the U.S.

Castlestone Management’s administrator Antony Batty & Co said it is preparing to sell the assets of the beleaguered firm; and wealthy investors and institutions apparently withdrew $11bn from hedge funds in October. Pierre-Henri Flamand’s Edoma Partners fund’s performance suffered a -3.79% loss during Q3; according to SEI and Strategic Insights, regulated alternative funds like UCITS funds would continue to outperform and could reach $1tln by 2014; Insch Capital’s gold and currency hedge fund Goldilocks, returned +9.6% YTD and said it is re-opening to investors ......................

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: Albright Capital puts a value lens on emerging markets[more]

    Bailey McCann, Opalesque New York: Over the past decade, investors have steadily increased investments in emerging markets private funds. Allocations to the cohort have increased from $93 billion in December 2006 to $564 billion in September 2016, according to data from research firm Preqin. Howe

  2. FinTech - Danger: Crowdfunding on the wrong platform could force you to go public[more]

    From LinkedIn.com: Some equity crowdfunding platforms are putting startups at serious risk. Working with a platform that doesn't structure your deal appropriately could jeopardize your ability to raise future capital or worse, force you to become a public reporting company. The emergence of eq

  3. David Tepper says we're 'nowhere near an overheated' stock market[more]

    From Marketwatch.com: Billionaire David Tepper thinks comparing this current stock-market environment with the overheated markets of 1999 is "ridiculous." The hedge-fund manager, who runs Appaloosa Management, told CNBC in a phone interview on Tuesday that the market's record run, notwithstanding la

  4. Opalesque Exclusive: Altegris and Artivest partner on distribution for alternative funds suite[more]

    Bailey McCann, Opalesque New York: California-based investment firm Altegris has partnered with New York-based alternative investments platform Artivest on distribution for $1 billion in alternative funds. The partnership also launches Artivest's capabilities to offer alternative solutions to acc

  5. Investing - Buffett's Berkshire Hathaway will not increase its Oncor offer, Travel-tilting hedge funds are investing in airlines and online travel agencies[more]

    Buffett's Berkshire Hathaway will not increase its Oncor offer From Reuters.com: The energy unit of Warren Buffett's Berkshire Hathaway Inc said on Wednesday it will "stand firm" on its $9 billion offer to acquire 80 percent of Oncor Electric Delivery Company LLC and will not increase it