Sun, Jul 24, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Total assets of the global fund industry worth around $120tln, says TheCityUK: hedge fund news, week 46

Saturday, November 17, 2012

In the week-ending November 16th, 2012, Barnstar Opportunities Fund LP, a multi-disciplinary, special situations long-bias fund launched; emerging and frontier market investment specialist Fund Management Group (FMG) said it is launching a new hedge fund in January; emerging markets-focused Argo Group launched a new hedge fund - the Argo Local Markets Fund; GLG Ore Hill, a value-based, event-driven investment team focused on the North American credit markets, announced the creation and closing of the GLG Ore Hill KH Levered Credit Fund; BlackRock Inc., the world's largest asset manager, plans to start a long-short global credit hedge fund that would use the best ideas of the firm's leveraged finance team.

The hedge fund industry is expected to see a wave of new launches in the next year by traders who have lost their jobs at investment banks or who have left in search of better pay, CNBC said.

Woori Absolute Partners is raising a $200m seeding fund with NewAlpha to invest in Asian hedge funds looking for backers, according to Reuters; Brummer & Partners, Sweden’s largest hedge fund manager, plans to take a stake in a new London-based firm set up by the two former co-CIOs of Rubicon Fund Management, Tim Attias and Santiago Alarco, who are planning to launch a global macro fund, in which Brummer’s multi-strategy will invest, reported Financial News.

Mount Kellett Capital, the $7bn asset manager co-founded by two former Goldman Sachs bankers, is shutting down its Asian equities hedge fund to focus on credit investments. Weintraub Capital Management LP, the $1bn San Francisco-based long-short equity hedge fund, will return money to investors and become a family office overseeing the wealth of founder Jerry Weint......................

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: California-based manager launches long/short equity hedge fund with unique algorithm[more]

    Benedicte Gravrand, Opalesque London for New Managers: SJL Capital LLC, an investment advisory firm based in California, has launched its maiden fund, the SJL MarketDNA Hedge Fund LP. The fund, which began trading

  2. Manny Roman to move from Man to Pimco[more]

    Benedicte Gravrand, Opalesque London: Emmanuel (Manny) Roman, an investment world veteran, has been hired by PIMCO, the large US bond fund house, as chief executive officer. PIMCO's current CEO Douglas Hodge will assume a new role as managing director and senior advisor when Roman joins P

  3. HFR: Hedge funds post strong gains in mid-July as markets recover from Brexit losses[more]

    Komfie Manalo, Opalesque Asia: Hedge funds posted strong gains through mid-July as the equity markets continued the recovery from Brexit losses. The HFRX Market Directional Index gained +2.17% (+4.22% YTD) and the HFRX Global Hedge Fund Index gained +1.03% through mid-month (+0.19%

  4. News Briefs - Carlyle goes on trial for a financial-crisis meltdown, Private equity and venture capital outperformed public markets in 2015, Pippa Middleton gets engaged to hedge fund manager James Matthews[more]

    Carlyle goes on trial for a financial-crisis meltdown Carlyle Group co-founder Bill Conway was in court on this small island last week recounting one of the most bruising episodes in his private-equity firm’s history: the 2008 collapse of mortgage-bond fund Carlyle Capital Corp. Carlyle

  5. …And Finally - Two men fall off cliff playing Pokemon Go[more]

    From BizarreNews.com: Two men who fell from a seaside cliff north of San Diego told authorities they became distracted while playing augmented reality game Pokemon Go. Encinitas fire Battalion Chief Robbie Ford said one of the men fell about 50 feet down the bluff in Encinitas while the other man fe