Tue, Aug 22, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Hedge funds assets rose as inflows outpaced losses : hedge fund news, week 44

Saturday, November 02, 2013

In the week-ending 01 Nov, 2013, it was reported that according to Citi analyst Sandy Kaul, hedge funds assets increased as inflows outpaced losses; Fortress Group raised $2bn in assets for its alternative investment businesses in Q3; several hedge funds were said to have raised $200m for California-based platform Snapchat; and North Street Global Fund reported an increase of $445m in assets from six new hedge fund clients.

eFinancial news rounded up the five biggest hedge fund launches in 2012, including Frere Hall Capital Management, Hengistbury Investment Partners, Naya Management, Stone Milliner Asset Management and Verrazzano Capital; Wayne Yu announced he would start a new hedge fund with $250m seed capital from SocGen; Cerberus Capital started the commercial mortgage debt fund Cerberus CMBS Opportunities Fund; Bill Fleckenstein of Fleckenstein Capital said he plans to start a new short-only stock fund early next year; Doug Gordon, Jon Hilsabeck and Don Jabro have opened their own equity hedge fund startup after the closure of Vinik Asset; and Monnelly and David Bonnier have started a new London-based hedge fund earlier this month to bet on falling stocks globally.

London-based Old Park Capital has launched an offshore fund called the Maestro Fund.

Harcourt launched to UCITS funds, the Vontobel Fund – Pure Momentum Strategy and the Vontobel Fund – Pure Dividend Strategy; and Neuberger Berman announced the launch of the Neuberger Berman Absolute Return Multi-Strategy Fund.

Oakley Capital closed its commodities fund of hedge funds as performance across the industry retreated for a third year; and Ziff Brothers announced plans to gradually shut down its U.S. hedge fund.

The Mornings......................

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: Albright Capital puts a value lens on emerging markets[more]

    Bailey McCann, Opalesque New York: Over the past decade, investors have steadily increased investments in emerging markets private funds. Allocations to the cohort have increased from $93 billion in December 2006 to $564 billion in September 2016, according to data from research firm Preqin. Howe

  2. Comment: "Long-Term Investing": What managing drawdown risk can do to your long-term returns[more]

    Matthias Knab, Opalesque: Real Investment Advice writes on Harvest Exchange: Last week, I was having lunch with a prospective portfolio management client discussing the curre

  3. Jasper Capital International joins Hedge Fund Standards Board[more]

    Komfie Manalo, Opalesque Asia: Diversified and systematic investment firm Jasper Capital International has become the second China-based signatory to the Hedge Fund Standards Board (HFSB), an organization that brings hedge fund managers and investors together to set standards for the hedge fund i

  4. Investing - Hedge-fund honchos including David Tepper are loading up on Alibaba, Billionaire hedge fund manager Stanley Druckenmiller is betting big on the Chinese consumer, Big-name U.S. hedge funds shed healthcare stocks during the rally in second-quarter, U.S. hedge funds bearish on FAANG stocks in second-quarter, Hedge fund titan Viking Global made a $680 million bet on scandal-plagued Wells Fargo[more]

    Hedge-fund honchos including David Tepper are loading up on Alibaba From CNBC.com: David Tepper's Appaloosa Management and three other he ge funds took new stakes in Chinese e-commerce giant Alibaba in the second quarter, according to the latest quarterly filings. Appaloosa disclos

  5. FinTech - Danger: Crowdfunding on the wrong platform could force you to go public[more]

    From LinkedIn.com: Some equity crowdfunding platforms are putting startups at serious risk. Working with a platform that doesn't structure your deal appropriately could jeopardize your ability to raise future capital or worse, force you to become a public reporting company. The emergence of eq