Thu, Apr 24, 2014
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   |   
Banner
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: Rainwater and Blue Sky - an Australian water fund emerges[more]

    Bailey McCann, Opalesque New York: Financial reporters often tout new funds and investments as uncorrelated investments, but few can say they are uncorrelated to everything but weather. Enter Blue Sky Alternative's water fund which invests in the permanent rights to Australia's water. Sev

  2. Regulatory – Expect greater SEC scrutiny of hedge funds that share information or collaborate in advance of their trades, Alternative funds to get SEC test for leverage, liquidity[more]

    Expect greater SEC scrutiny of hedge funds that share information or collaborate in advance of their trades From Thelawyer.com: A recent Wall Street Journal article — ‘Activist investors often leak their plans to a favoured few’ — focused attention on ‘activist’ investors and stock analy

  3. …And Finally – This week's least competent criminal is Austrian[more]

    From ABCnews.go.com: A German sought by authorities for alleged fraud has been arrested in Austria — after dropping into a police station to ask officers whether he was under investigation. Police in Salzburg said the 59-year-old man walked into a police station in the city on Friday night. Sp

  4. Investing – Hedge funds find pitfalls along with profits in real estate ventures, Marcato Capital Management makes new bet on Dillard’s[more]

    Hedge funds find pitfalls along with profits in real estate ventures From Law360.com: Hedge funds have joined the rush to real estate deals and development in recent months to close the financing gap left by tightening bank standards, but attorneys say many aren't prepared for the disclo

  5. Agecroft Partners estimates 90% of hedge funds using social media[more]

    The use of social media has increased significantly within the hedge fund industry over the past couple of years. Social media is broadly used by investors as part of their due diligence process on hedge funds, by service providers in their sales efforts to hedge funds, and by hedge funds to enhance