Sat, Mar 25, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Consolidation of single hedge funds and fund of funds: hedge fund news, week 31

Saturday, August 04, 2012

In the week-ending 03 Aug 2012, it was reported that Richard Gerson was reported to have raised $1.2bn to launch his own hedge fund firm, Falcon Edge Capital; Rob Chandra has scaled back his role at Bessemer Venture Partners to launch the $250m hedge fund Avid Park; KKR Asset Management registered before the SEC two new funds, the KKR Alternative High Yield Fund, a mutual fund and KKR Alternative Corporate Opportunities Fund; and former Tiger Global Management executive Amit Doshi is laying the groundwork for his own hedge fund.

Investment fund manager, Invest AD, has launched two UCITS-compliant funds, which invest in Africa and the Arabian Gulf; Falcon Private Bank last week launched Falcon Gold Equity UCITS Fund; and the Abu Dhabi government-owned group Invest AD has launched two UCITS-compliant equity funds investing in Africa and the Middle East.

Belltower Advisors reported it would close its $171m hedge fund; the Callanish Global Macro Fund from Callanish Capital Partners, which was seeded by IMQubator has closed its doors in a sad sign of times; Lazard has closed its South Korea-focused activist hedge fund, while the China International Capital Corporation has done the same with its Asian long/short equity strategy because of volatile markets; Schroders and Sloane Robinson have liquidated the Schroder GAIA Sloane Robinson Emerging Markets fund after a sustained period of redemptions, reports said.

The 'Alternative Alternatives' investment funds Index fell -0.34% in June (+0.11% YTD).

Hedge funds have reported poor performance from their offsho......................

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. Hedge fund liquidations in 2016 surpass 2009 levels, new launches decline[more]

    Benedicte Gravrand, Opalesque Geneva: Even as the hedge fund industry's total assets exceeded the $3tln milestone last year, hedge fund liquidations increased. So much so that 2016 had the highest number of liquidations since 2008, claims the latest HFR Market Microstructure Report, re

  2. Hedge funds find no joy in macro as returns lag Trump rally[more]

    From Gulfnews.com: In 2017, macro hedge funds were expected to shine. So far? Not so much. It's been a far from impressive first two months for funds that trade around macroeconomic events. Discretionary funds rose just 0.3 per cent through February, according to Hedge Fund Research Inc., while the

  3. Strategies - Billionaire investor Marc Lasry shares how he's playing markets right now, Classic models are failing FX hedge funds desperate for return[more]

    Billionaire investor Marc Lasry shares how he's playing markets right now From CNBC.com: Buy on the prospect of deregulation. Sell on the enactment of deregulation. That's the strategy that billionaire investor Marc Lasry is implementing, according to an interview with CNBC in Las Vegas

  4. Opalesque Exclusive: Aberdeen makes the case for the lower mid-market[more]

    Bailey McCann, Opalesque New York: Aberdeen Asset Management has released a new paper focused on lower mid-market private equity. According to the paper, this segment of the private equity market is gaining popularity with private equity investors that are looking for multiple expansion and less

  5. Hedge funds await outcome of French elections, feel pinch on lower oil prices & weak dollar[more]

    Komfie Manalo, Opalesque Asia: Hedge funds felt the pinch of lower oil prices and weak U.S. dollar as the Lyxor Hedge Fund Index was marginally down as of the week ending 14 March, Lyxor Asset Management said in its Weekly Briefing. The Lyxor He