Fri, Feb 24, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Trouble in court for Gupta, Greenlight, Paulson, Tiger, Moody’s – and other hedge fund news, Week 5

Saturday, February 04, 2012

In the week-ending February 3, 2012, it was reported that Deutsche Bank is preparing to launch a fund to snap up investors’ illiquid of damaged holdings in hedge funds; London-based Ruby Capital Partners launched a pure litigation fund in the UK; two former senior traders at Credit Suisse revealed their plan to launch a stocks and derivatives hedge fund this year; Strategic Value Partners raised $918m for its largest distressed-debt fund, Strategic Value Special Situations Fund II, that will invest in underperforming assets; Todd Edgar will start the Atreaus Capital hedge fund in May; Legg Mason Global Asset Management has launched Permal Hedge Strategies Fund, a fixed income focused multi-manager, multi strategy fund of hedge funds; Ader Investment Management has launched Accelerator Fund Partners, an innovative funding platform for hedge funds; U.S. systematic manager Monsoon Capital started to offer its model-driven Asian systematic trading hedge fund strategy to European investors; and ML Capital will launch a Global Macro UCITS fund and Systematic Emerging Market UCITS fund using the MontLake Platform.

Mark Cuban’s Galileo fund that bets on sports closed down; and one of London’s longest-running hedge fund managers, Boyer Allan Investment Management, is finally shutting down.

All strategies in the Greenwich Investable Hedge Fund Indices were down in 2011 except for arbitrage and long/short credit; The Parker FX Index up +0.49% in December (-2.62% in 2011); The Opalesque A SQUARE Index lost -0.93% (est.) (-7.14% in 2011): And the Credit Suisse Liquid Alte......................

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. People - Kuwait wealth fund head Al Saad said to step down after 14 years[more]

    From Bloomberg.com: Kuwait Investment Authority is set to name Farouk Bastaki as managing director, replacing Bader Al Saad who ran the world's fifth-largest sovereign wealth fund for 14 years, a person familiar with the matter said. The KIA, as the fund is known, is finalizing the appointment, said

  2. Investing - Hedge funds loading up on this dividend stock, The biggest hedge funds have been piling into bank stocks[more]

    Hedge funds loading up on this dividend stock From Incomeinvestors.com: Hedge funds are backing up the truck on Cameco Corp stock. Billionaire Jim Simons owns 389,000 shares. Other Wall Street titans - including Ray Dalio, Ken Griffin, and Chuck Royce - have been quietly building positio

  3. Legal - Fannie, Freddie shares dive after U.S. appeals court ruling[more]

    From Reuters.com: Shares of Fannie Mae and Freddie Mac tumbled more than 30 percent on Tuesday after a U.S. appeals court shut down efforts by hedge funds and other investors to pursue numerous legal claims accusing the U.S. government of seizing their profits following taxpayer bailouts. By a

  4. Institutional investors plan to raise allocations to alternative assets in 2017[more]

    Komfie Manalo, Opalesque Asia: A survey by Context Summits Miami showed that nearly 72% of institutional investors and family offices plan to raise their allocations to alternative asset managers this year, suggesting continued strong demand for the industry. "As many large, brand name f

  5. Comment - Mortgages, mergers and hedge fund fees, Fairholme's Berkowitz responds to court ruling against hedge fund suits of Fannie Mae[more]

    Mortgages, mergers and hedge fund fees From Bloomberg.com: Yesterday the U.S. Court of Appeals for the D.C. Circuit handed down an odd decision in a lawsuit over the government's nationalization of Fannie Mae and Freddie Mac. The key issue is what's called the "Third Amendment," the 2012