Tue, Sep 27, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Pan Multi Strategy returns +10.73% annualized to investors for two decades running

Friday, February 18, 2011
Opalesque Industry Update – Pan Multi Strategy, launched in 1991 by Amanda Haynes-Dale announced in correspondence to investors that the firm’s cumulative returns through December 2010 stood at +667% (annualized at +10.73% for a 20 year run). “An initial investment of $1m at inception on January 1, 1991 would be worth $7.677m”.

Following is an excerpt from the letter:

“Investing in hedge funds is very different today than when Pan Multi Strategy, L.P. launched in 1991. The number and complexity of hedge fund strategies has increased dramatically, the regulatory environment has grown more onerous, and most importantly, financial market dynamics have changed. During this time many of our competitors have come and gone for a variety of reasons. In contrast, we have strengthened our firm. As previously communicated, our team has expanded with the addition of my partners Justin Lowe and W. Trevor Uhl. We have enhanced our infrastructure and client reporting to better meet our investors’ needs, while remaining focused on our repeatable investment process and remaining true to our core principles. Moving forward, we will continue to treat our investors as partners in our business and remain accessible to them. “

Source

kb

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
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. Activist News - Caesars offers creditors another $1.6bn, would spell end of hedge fund ownership, Activist investors double chance of CEO exits[more]

    Caesars offers creditors another $1.6bn, would spell end of hedge fund ownership From Calvinayre.com: Casino operator Caesars Entertainment has improved its offer to junior creditors to over $5b, but the offer is only good until Friday. On Wednesday, Caesars added an extra $1.6b to the $

  2. Nobel Sustainability Trust, Prince Albert II of Monaco help launch major new initiative to drive sustainable technologies[more]

    Matthias Knab, Opalesque: The Nobel Sustainability® Trust ("NST") is leading a major new initiative to finance, incubate and accelerate the development of clean technologies. The initiative will start with the formation of the Nobel Sustainability Fund® ("NSF"). NSF will drive faster access t

  3. Studies - Hedge funds’ study reveals vast disparity in types of investors securing side letter arrangements, Cambridge: Look to private investments for best access to LatAm growth[more]

    Hedge funds’ study reveals vast disparity in types of investors securing side letter arrangements A new study of the hedge fund space by industry law firm Seward & Kissel LLP reveals a wealth of information regarding established hedge fund managers’ use of side letters—special agreements

  4. Activist News - Caesars 'optimistic' on deal with hedge fund creditors[more]

    From Reuters.com: Caesars Entertainment Corp said on Monday it remains "optimistic" of reaching a $5 billion deal with the bulk of its creditors to push its main operating unit out of bankruptcy, but one hedge fund bondholder said it will pursue litigation. Caesars offered a sweetened $5 billion set

  5. Trend reversals lead to losses as managed futures drops 1.52% in August[more]

    Komfie Manalo, Opalesque Asia: Trend reversals in August have led managed futures traders to lose 1.52% last month according to the Barclay CTA Index compiled by BarclayHedge. The Index is up 0.62% year to dat