Sat, Dec 20, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Review of hedge fund launches, closures, trends, regulatory and legal events - week 16

Saturday, April 24, 2010

Benedicte Gravrand, Opalesque London:

Last week, we heard of fund launches from (new London-based FoHFs) Hilltop (All Weather); GAM (Ucits emerging markets); Strategic Investing (L/S mutual); Farema Capital (L/S); Artemis (FoHFs); Cheung Capital (gaming); Thesis (absolute return mutual); OM IM (global); Plural Capital (3 x offshore); Geribá Investments (maiden); Schroer Capital (healthcare); and Salus Alpha (special sits).

All EDHEC hedge fund Indicesexcept for Short Selling were positive in March, Emerging Markets (+4.48%) being the top performer; and the Scotia Capital Canadian hedge fund index was up 1.78%.

HFR said that the top hedge fund firms are assuming leadership in the industry recovery and that total AuM now stand at $1.67tn; Eurekahedge reported that hedge funds attracted net inflows of $2.83bn in March (its global hedge fund index is up 2.48% (est.), 2.14% YTD); and Credit Suisse found that the hedge fund industry had recovered 92% of financial crisis losses, as cautious optimism takes hold. Gottex’s assets slipped to $7.9bn in Q1 on asset-based wind-down and BlueBay’s assets rose 7.9%.

Hedge fund manager Gerard Griffin wound down his once $2.75bn fund; he and his partner Gerald Lucaussy joined GLG Partners, who said they will bolster its in-house expertise ahead of an expected surge in merger activity; Cairn Capital took over the management of Credaris’ Eur17m L/S fund; it was said that hedge fund clones had done relatively well during the crisis; Moore Capital is searching for longer-term investors after $5bn redemptions during the crisi......................

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. Investing - Big hedge funds win again on PetSmart, Riverbed, RBS sells real estate loans to hedge fund Cerberus, Talisman energy speculation: Which hedge funds could benefit?[more]

    Big hedge funds win again on PetSmart, Riverbed From CNBC.com: Another week, another set of wins for activist investors. On Sunday, pet supply retailer PetSmart agreed to the largest leveraged buyout of the year at $8.7 billion. Hedge fund firm JANA Partners had been pushing for a sale a

  2. Outlook - Hedge fund manager who remembers 1998 rout says prepare for pain, Bond guru Bill Gross predicts U.S. economic growth to dip to 2%[more]

    Hedge fund manager who remembers 1998 rout says prepare for pain From Bloomberg.com: Stephen Jen landed in Hong Kong in early January 1997 as Morgan Stanley’s newly minted exchange-rate strategist for Asia. He was soon working around the clock when investors began targeting the region’s

  3. Investing - Hedge funds get boost from healthcare in 2014, Paulson & Co takes stake in Salix on heels of inventory issues[more]

    Hedge funds get boost from healthcare in 2014 From Valuewalk.com: The healthcare sector started the year on a turbulent note, as stocks of many major biotechnology companies were battered. However, most of the players in this sector have bounced back. The BarclayHedge Healthcare & Biotec

  4. Opalesque Exclusive: U.S. legal receivables fund launched in August[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Investing in asset-backed receivables is a strategy that has been an integral part of the alternative investment space within the overall fixed income asset c

  5. Comment - High fees and low performance hit hedge funds[more]

    From FT.com: Disenchantment over high fees and lackluster performance may finally be turning the tide against hedge funds, fresh data suggest. Despite generally weak returns since the global financial crisis, hedge funds have enjoyed positive net inflows every year since 2010. This helped assets und