Fri, Mar 29, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Quantitative hedge funds control one-third of industry assets: hedge fund news, Week 15

Saturday, April 13, 2013

Quantitative hedge funds control close to a third of the $2.3tln hedge fund assets, Hedge Fund Research reported. In other related news of the week ending April 8, 2013, Man Group’s unit AHL was said to be planning to launch several funds, make new hires and introduce sweeping reforms; Mariner Investment launched the Mariner Incubation Fund; John Paulson is to launch a new hedge fund for investors ‘looking to mitigate income taxes’; former Carl Icahn’s health care investing executive Carl Denner is to start an activist health care hedge fund; activist hedge fund manager Dan Loeb is to launch a new hedge fund focused on buying Greek assets; Ultimate Classic Car Fund Capital Management launched the Ultimate Classic Car Fund; Swiss hedge fund Tiberius took over the VCH Natural Resources Fund; and former T. Rowe Price top stock picker Kris Jenner raised more than $100m for a hedge fund that will invest in health-care and biotechnology stocks.

HFMWeek.com reported that former Goldman executive Buckley "Buck" Ratchford had launched a credit hedge fund with $150m; former Clough Capital Seth Daniels is preparing to launch a new fund backed by a Canadian investor; and former Ebullio Capital co-portfolio manager Greg Cain launched a discretionary CTA program that focuses on metals and energy.

5:15 Capital Management announced it would close its $1bn flagship fund after substantial redemptions from investors.

The HFRI Fund Weighted Composite index rose +1.2% in March (+3.9% Q1); The Hennessee Hedge Fund Index advanced +1.74% (+4.80% YTD);......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1