Tue, Jan 27, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

JPMorgan’s $2tln fiasco makes regulators want to toughen up Volcker Rule: hedge fund news, week 24

Saturday, June 16, 2012

In the week-ending 15 June 2012, it was reported that Toronto-based Aurion Capital Management had launched its first two hedge funds as the firm dipped its toes into alternative investments; Victor Khosla’s Strategic Value Partners raised close to $270m for the launch of its latest Euro fund, the Strategic Value European Opportunities Offshore Fund II; Goldman Sachs veteran Tigrane Kibarian and former Credit Suisse executive Patrick Moerth paired to launch their new hedge fund on July 1; former Citadel and Highbridge manager Toby Bartlett announced plans to launch a North Asia-focused hedge fund next month; former Citigroup portfolio manager Yang Yeo and Janice Dunnett are preparing to launch a hedge fund in Q3-2012; two former Och-Ziff Capital managers Manoj Jain and Sohit Khurana will start their own hedge fund in Hong Kong by the end of the year; and Lawrence “Greg” Whalley said he would launch a new hedge fund called Copperwood with personnel from Centaurus Energy.

Paul Sinclair said he would shut down his Expo Capital Management health-care hedge fund and liquidate the assets to investors.

The Hennessee Hedge Fund Index was down -1.98% in May (+2.15% YTD); The Eurekahedge Hedge Fund Index lost -1.24% (+2.23% YTD); The Newedge CTA Index was up 2.97% in (+2.48% YTD); and the UCITS HFS Index experienced its third monthly loss in a row with -0.70%.

Alan Howard’s BH Macro fund slipped into the red and lost 1.78% in May; Capula Investment’s bet against the health of Spanish banks apparently failed to deliver its promised results; industry experts questioned the double-digit returns of former hedge fund boss Herman Pretorius and his company, Abante; and David Tepper recorded 82% gains in Q1 betting on airline stocks.

A survey by Citi Prime suggested that hedge funds ass......................

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. Investing - U.S. investors favor currency hedged Europe ETFs as euro tumbles, Quants win back investors as Swiss franc fuels volatility gains, David Einhorn's $7bn hedge fund is loading up on this stock, Hedge fund BlueMountain Capital unveils Ocwen Financial short, claims default on notes[more]

    U.S. investors favor currency hedged Europe ETFs as euro tumbles From Reuters.com: U.S. investors stung by the falling euro who want to stay invested in Europe are turning to exchange-traded funds designed to strip out the impact of the region's currency. The biggest among so-called "cur

  2. News Briefs - Millennials use tech tools to jump into investing, Winklevoss twins to launch bitcoin exchange with FDIC insured deposits, Robertson’s legacy from hedge funds to New Zealand, Real estate managers exploring smaller open-end funds[more]

    Millennials use tech tools to jump into investing It is the Facebookification of monetary investing. From social networking platforms that enable young investors to stick to every other's stock-picking mojo, to internet sites for initially-timers hungry for a piece of the Silicon Valley

  3. Top performing private equity firms you should invest in[more]

    Komfie Manalo, Opalesque Asia: Professor Oliver Gottschalg of Paris-based HEC Business School, also known as Ecole des Hautes Etudes Commerciales de Paris has released his annual ranking of the top performing private equity firms. The 2014 HEC-DowJones Private Equity Performance Ranking

  4. Comment - Why invest in hedge funds if they don't outperform the market?[more]

    From Forbes.com: Hedge funds have always been a bit exotic and an enigma to some, but bottom line they are supposed to produce good returns using a range of strategies including global macro, event driven and relative value (arbitrage). And, sophisticated or high-net-worth individuals (HNWIs) could

  5. Owen Li 'truly sorry' for blowing up $100m of hedge fund’s assets[more]

    From CNBC.com: A hedge fund manager told clients he is "truly sorry" for losing virtually all their money. Owen Li, the founder of Canarsie Capital in New York, said Tuesday he had lost all but $200,000 of the firm's capital—down from the roughly $100 million it ran as of late March. "I take r