Sat, Dec 16, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Hedge fund launches at highest levels since 2007 while indexes and inflows surprise in 2012, and other hedge fund news - Week 11

Saturday, March 17, 2012

In the week-ending March 16, 2012, it was reported that hedge fund launches accelerated last year to the highest level since 2007 as investors and managers positioned for 2012, said Hedge Fund Research; Hong Kong-based Value Partners said it would launch a UCITS version of its €1.3 billion Cayman-domiciled Classic fund; industry analysts have welcomed Cazenove Capital’s plan to launch a European income fund for its head of pan-European equities; John Paulson partner Robert Lacoursiere is reported to be leaving the hedge fund firm to start his own equity hedge fund; Eli Casdin’s Casdin Capital has launched its first hedge fund offering, a long/short equity strategy focused on the healthcare sector; Man Group started its first long-only commodities hedge fund; former Highbridge Asia Head Carl Huttenlocher has raised $900mfor his own hedge fund, Myriad Opportunities Master Fund; former executives at Lone Pine and Goldman Sachs are ready for the launch of their $1bn Hong Kong hedge fund in July that will start trading in July; and Swedish fund of hedge funds specialist Optimized Portfolio Management (OPM) has launched its first single strategy UCITS fund.

The HFI Global Composite Index up +1.55% in February (+3.21% YTD); the Greenwich Global Hedge Fund Index gains +2.18% (+4.7% YTD), lead by long/short equity funds; the B of A Merrill Lynch: global diversified hedge fund index average up +1.53% (+3.80% YTD); the Newedge CTA index up +0.87% (+1.45% YTD); the HFRX Absolute Return Index up +0.47% (+1.03% YTD); the Dow Jones Credit Suisse Hedge Fund index finished up +1.61% (+3.98% YTD); the RBC Hedge 250 Index returns +1.25% in February, (+2.96% YTD); and the UCITS Alternative Index Blue Chip index is up +3.1% since start of 2012.

Pangolin Investment Management’s Pangolin Asia Fund’s Class A shares po......................

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. 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

  3. ...And Finally - The ongoing gun saga in the U.S.[more]

    From Newsoftheweird.com: As elder members of the First United Methodist Church in Tellico Plains, Tennessee, gathered on Nov. 16 to discuss the recent church shooting in Sutherland Springs, Texas, one of those present asked if anyone had brought a gun to church. One man spoke up and said he c

  4. Opalesque Exclusive: Credit Suisse Asset Management's NEXT Investors leads $6M Series A round for LUX Technology and Services[more]

    Bailey McCann, Opalesque New York: Credit Suisse Asset Management's NEXT Investors has led a $6 million Series A funding round for LUX Technology and Services, a business and technology solutions provider for the alternative assets industry. The investment will be used to fuel growth of Trans

  5. eVestment: hedge funds extend winning streak[more]

    Bailey McCann, Opalesque New York: Hedge funds marked their 13th consecutive month of positive returns in November with +0.47% average returns for the month, according to the latest Hedge Fund Performance Report from eVestment. Activists, long/short and quant equity strategies are producing