Thu, Oct 19, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Pan Reliance appointed investment manager of Turnstone European fund of hedge funds

Thursday, September 29, 2011
Opalesque Industry Update - According to a letter to investors on September 28th, Pan Reliance Capital Advisors, a New York-based fund of funds manager, has been appointed the investment manager of the Turnstone European Fund, a dedicated European long/short equity fund of hedge funds, as of October 1, 2011.

Amanda McCracken, the fund’s London‐based portfolio manager, will be joining Pan Reliance’s investment team and will continue to be the lead portfolio manager of the fund, which she has managed since its inception in 2003.

The Fund has a successful 8 year track record and will be renamed the Reliance European Fund.

Amanda McCracken brings over 15 years experience in analyzing and managing multi‐manager funds, and has an impressive track record in European long/short equity hedge fund of funds. She will reinforce Pan Reliance's coverage and presence in Europe, home to over half of our clients. Amanda has been recognized in the industry for spotting and investing in talented hedge fund managers at an early stage. Her Turnstone European Fund was nominated by InvestHedge in March 2005 in the ‘Best Newcomer’ category, and has been nominated in February 2009, 2010 and 2011 in the ‘Best European Strategy’ category. Prior to launching her own firm in 2003, she worked for Appleton International where she was appointed CEO in 2002. While at Appleton she had been responsible for managing the Condor European Fund, one of the first European focused fund of funds, since its launch in February 2001.

www.panreliance.com

BG

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. Regulatory - David Stockman: Trump tax reform overhaul is a pipe dream, stocks are heading for 40-70% plunge, Carried interest tax: How much does it matter?, Odey sees 'terrifying' mix in MiFID, tapering, asset values, Hedge funds come together to share cost of MiFID and research, SEC turns up the heat on U.S. investment advisers, India's Sebi asks hedge funds to report investments in commodity derivatives[more]

    David Stockman: Trump tax reform overhaul is a pipe dream, stocks are heading for 40-70% plunge From CNBC.com: David Stockman is warning about the Trump administration's tax overhaul plan, Federal Reserve policy, saying they could play into a severe stock market sell-off. Stockman, the R

  2. North America - Puerto Rico rejects loan offers, accusing hedge funds of trying to profit off hurricanes[more]

    From TheIintercept.com: Puerto Rico has rejected a bondholder group's offer to issue the territory additional debt as a response to the devastation of Hurricane Maria. Officials with Puerto Rico's Fiscal Agency and Financial Advisory Authority said the offer was "not viable" and would harm the islan

  3. Investing - WPP targeted by short-selling American hedge fund, Sun co-founder sells secretive hedge fund on big chip trade[more]

    WPP targeted by short-selling American hedge fund From Cityam.com: An American hedge fund has mounted a bet against WPP, the world's largest advertising group, with a trade worth almost £90m. Lone Pine Capital has built a short position worth 0.51 per cent of the FTSE 100 company,

  4. Hedge funds up as industry adjusts to rising rates[more]

    Komfie Manalo, Opalesque Asia: Hedge funds have reshuffled their portfolio after nearly four weeks of rising rates as the Lyxor Hedge Fund Index was up +0.2% from 19 September to 26 (+1.1% YTD), fuelled by strong results of global macro funds, Lyxor Ass

  5. Manager Profile - How the world's hedge fund king used 'idea meritocracy' to become a billionaire[more]

    From Forbes.com: In 1982, Ray Dalio made what he calls the biggest mistake of his life. He made a bet that there would be an economic collapse stemming from a debt crisis. And he was wrong. He lost money. He lost his client's money. He had to let people go from his firm and borrow money from his dad