Wed, Dec 2, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Goldman Sachs’ 'hedge fund for the masses’ raised $58m in first month: hedge fund news, week 23

Saturday, June 08, 2013

In the week ending June 7, 2013, SunTx Capital partnered with Ron Dodson to launch IXTHYS Capital; former Mizuho trader Jeffrey Yap was reported to be launching a multi-strategy credit strategy; Valuewalk said CQS would launch a long/short equity hedge fund; and Spartan Fund has launched a discretionary fund onTREND.

Former JPMorgan trader Deepak Gulati raised about $300m in assets for his new hedge fund Argentiere Capital, said Bloomberg; and Goldman Sachs’ 'hedge fund for the masses’ raised $58m in first month.

Investec announced it was launching a UCITS-compliant version of John Stopford’s multi-asset fund; and Stockholm, Sweden-based RPM Risk & Portfolio Management launched the RPM Evolving CTA Fund targeting new and growing CTAs as Luxembourg‐domiciled fund (SICAV).

The HFRX finds Global Hedge Fund Index gained 0.75% in May (+4.55% YTD); The Parker FX index lost -0.90% in April (+0.94% YTD); The Credit Suisse Liquid Alternative Beta (LAB) Index was flat (+3.30% YTD); The BofAML investable hedge fund index was up 0.94% (+4.55% YTD); The Greenwich Global Hedge Fund Index was up +0.49% (+4.70% YTD); The Index IQ announces IQ Composite Beta was down 1.06% (+0.11% YTD) The UCITS Alternative Index Global gained 0.53% (+2.34% YTD); and the Morningstar hedge fund index was up 1.2% in April (+5.1% YTD).

Reuters reported that Dan Loeb’s Third Point offshore fund returned 14.7% through May on Japan bets; R. G. Niederhoffer ......................

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. David Einhorn's hedge fund plunged 5.2% in November, set for 2015 loss[more]

    From David Einhorn’s main hedge fund at Greenlight Capital fell 5.2 percent in November and is poised for only its second losing year in almost two decades. The losses bring the fund’s yearly drop to almost 21 percent, according to an e-mail sent to clients that was obtained by Bloomb

  2. Other Voices: Hedge fund marketing and the selling cycle[more]

    By Bruce Frumerman. How long is the selling cycle now? That’s a question my financial communications and sales marketing consulting firm has been asked on a regular basis by hedge fund firm owners and sales people, ever since we opened the doors to our firm in 1987 pre-crash. Wa

  3. People - Solus Alternative Asset Management adds chief strategist from BTIG[more]

    From Daniel Greenhaus joined hedge fund manager Solus Alternative Asset Management as managing director and chief strategist. He will work closely with Chris Bondy, Solus’ chief economist, managing director and executive vice president, said Chris Pucillo, CEO and chief investmen

  4. Commodities - Stung by oil, distressed-debt traders see worst losses since '08[more]

    From It’s mid-November, but for investors who trade in the debt of distressed companies, the year’s already done -- and they lost. Hedge funds that specialize in the debt are grappling with their worst declines in seven years. Funds managed by Knighthead Capital Management, Candlewood

  5. Regulatory - Major changes in partnership audit procedures contained in 2015 Budget Act[more]

    Contained in the Bipartisan Budget Act of 2015, signed by President Obama on November 2, is a rather complex provision that materially changes how partnerships are audited. Generally effective for tax years beginning after December 31, 2017, the so-called “TEFRA” and “Electing Large Partnership” rul