In the week-ending 4th May 2012, it was reported that Dexion Capital had launched an insurance-linked closed-end fund; Ignis Asset Management said it plans to unveil an absolute return credit fund for Chris Bowie; former Canyon executive Steve Pei secured a $25m seed deal from Q Investments to launch a multi strategy hedge fund firm, Gratia Capital; former JPMorgan Asia-Pacific stock derivatives head William Lee said he would start his own hedge fund this year.
Metacapital Management announced plans to launch a housing and mortgages hedge fund, Metacapital Mortgage Value Fund; Chicago-based investment firm William Blair & Company launched a long/short fund; Stephen Diggle’s Vulpes Investment Management is raising $150m for new farm fund; and RiverPark Advisors introduced the re-named RiverPark/Gargoyle Hedged Value Fund.
Energy trader John D. Arnold announced plans to close his Centaurus Advisors hedge fund after 10 years; and long/short equity hedge funds Firebrick Asia Fund and Progress Capital Fund recently wound up – a sign of the challenging operating environment for hedge funds in Singapore, said AsianInvestor.net.
The HFRX Global Hedge Fund Index gained +0.12% in April (+3.27% YTD); The Credit Suisse Liquid Alternative Beta (LAB) index went down -0.27% (+1.94% YTD) ; The Dow Jones Credit Suisse Core Hedge Fund Index closed down -0.33% (+2.41% YTD); And the Greenwich Global Hedge Fund Index fell 0.25% (+4.17% YTD).
Emerging hedge fund Tara Hill Capital ......................
To view our full article Click here