Wed, Jun 29, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

US regulations push and pull: Small Business Tax Cut Act and JOBS Act in the offing – and other hedge fund news - Week 12

Saturday, March 24, 2012

In the week-ending 23 March, 2012, it was reported that Polar Capital had launched the Polar Capital European Market Neutral fund for manager Ton Tjia; MET Capital Management launched a systematic Asian equity hedge fund, Met Pacific Fund; former JPMorgan Chase executive director and portfolio manager for proprietary trading Douglas Ormond and former head of research at Normandy Hill Capital Michael Schwartz, plan to launch Otlet Capital Management in Q2; Pictet Asset Management will launch the UCITS-compliant Pictet Global Flexible Allocation fund and target euro-denominated investors; GSB Podium Advisors launched the GSB Equity Market Neutral Fund, a global equity statistical arbitrage UCITS fund on the Alpha UCITS platform; BlackRock Strategic Funds launched the Luxembourg-domiciled Americas Diversified Equity Absolute Return fund.

Philippe Gougenheim had to postpone the launch of his highly liquid global macro hedge fund, Glasnost Fund, after a ski accident; Steve Eisman started his own hedge fund on March 1 after raising $22.9m from friends and family; Athos Capital Ltd, backed by Ascalon Capital Managers, a unit of Australia's Westpac Banking Corp., will launch an event-driven hedge fund investing in Asia-Pacific on April 9; GAM launched an emerging markets equity fund; and property focused KeyPoint Capital Management will launch an offshore fund in June.

TIG Advisors said it would liquidate its 15-year-old $210m global emerging markets hedge fund after two years of losses.

The Eurekahedge Hedge Fund Index was up +4.31% for the f......................

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. Blackstone buys minority stake in New York-based credit hedge fund Marathon[more]

    Benedicte Gravrand, Opalesque Geneva: Blackstone Strategic Capital Holdings Fund, a vehicle managed by Blackstone Alternative Asset Management (BAAM), has acquired a passive, minority interest in Marathon Asset Management, for an undisclosed sum. Based in New York,

  2. Investing - Soros, Druckenmiller among hedgies profiting in market plunge, Hedge funds were most bullish on bonds since 2004 before Brexit, Surprise Brexit vote unleashes scramble for dollars, High-yield hit on Brexit but no panic selling, Scientist turned hedge fund founder lured to pound, euro, Hedge fund avoids commodities, posts big gains[more]

    Soros, Druckenmiller among hedgies profiting in market plunge From HITC.com: Bullish positions in gold and volatility and well-timed short bets on China and emerging markets, among other areas, were some of the trades that benefited hedge funds on Friday as markets digested Britons' s

  3. Manager Profile - A 26-year old hedge fund manager called Brexit — here's what he thinks about the historic vote[more]

    From Businessinsider.com: Taylor Mann is not your typical fund manager. The twenty-six year old Texas A&M graduate manages Pine Capital in Larue, Texas (population 160), where he resides with his three-year old daughter. Also atypical compared with many of the largest funds out there, Mann makes

  4. Visium hedge fund manager Sanjay Valvani found dead[more]

    Benedicte Gravrand, Opalesque London: A hedge fund manager connected with an insider trading case has apparently committed suicide. Sanjay Valvani, 44, a hedge fund manager at New York-based Visium Asset Management, was found dead in an apparent suicide on 21 June in his Brooklyn residence,

  5. People - Mariner Investment’s co-CIO Williams to leave $5.5bn firm, IOOF hires new alternatives portfolio manager[more]

    Mariner Investment’s co-CIO Williams to leave $5.5bn firm From Bloomberg.com: Basil Williams, co-chief investment officer of Mariner Investment Group, is leaving the $5.5 billion hedge-fund firm after negotiations to renew his contract failed. Williams will stay in his role until t