Fri, Feb 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. Opalesque Exclusive: Very small CTA averages 6.90% per month since April’14 inception[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: There aren’t many one-man shops around in the hedge fund world but we talked to one. Andrew S. Peskin, who is ba

  2. Investing - Top U.S. hedge funds cut Apple stakes ahead of all-time high, John Paulson holds gold ETF in Q4 but cuts back on some miners, Hedge funds exited tumbling oil company shares late last year, Some top investors exit Herbalife, Soros added shares in fourth quarter, Moore Capital boosts U.S. financial holdings, reduces China bets[more]

    Top U.S. hedge funds cut Apple stakes ahead of all-time high From Reuters.com: Top U.S. hedge fund management firms, including David Einhorn's Greenlight Capital and Philippe Laffont's Coatue Management, reduced their stakes in Apple Inc during the fourth quarter, ahead of the iPhone mak

  3. Opalesque Exclusive: Skënderbeg launches four single-manager funds with Your Wealth AG[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Skënderbeg Funds AGmvK, an investment fund for qualified investors under Liechtenstein law (umbrella fund),

  4. Opalesque Roundtable: Many Swiss investors are questioning the value proposition of hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva: There is a well-known transition among investors in hedge funds between high-net-worth individuals and institutional investors, Ian Hamilton, head of the IDS Group, said during the recent

  5. UCITS HFS Index starts year on positive note with 1.09% gains in January[more]

    Komfie Manalo, Opalesque Asia: The UCITS HFS Index started the year on a positive note gains of 1.09% in January after finishing 2014 with a modest performance of 1.62%. Index provider 2n20 said th