Thu, Sep 18, 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   |   
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. SEC charges 19 investment firms and one trader for breach of Rule 105[more]

    Benedicte Gravrand, Opalesque Geneva: The Securities and Exchange Commission (SEC) started a push to enhance the enforcement of Rule 105 of Regulation M last year to uncover hedge funds and private equity firms that have illegally participated in an offering of a stock after short selling it duri

  2. Fund managers, bullish on Europe, anticipate monetary policy separation of Fed and ECB[more]

    Komfie Manalo, Opalesque Asia: At least 202 fund managers with $556bn of assets under management said that while the European Central Bank (ECB) has eased its monetary policy that sent sentiments towards Europe to pick up, the Fed is expected to hike its rate in the spring of 2015. Investor

  3. Investors looking at other sources for hedge fund-like returns[more]

    Komfie Manalo, Opalesque Asia: Investors who are always on the lookout for higher gains are looking at alternative sources of income, particularly exchange-traded fund industry that generates hedge fund-like returns, according to

  4. News Briefs - Limited partners of investment managers may be subject to self-employment taxes, Just one week left until NYC's Rocktoberfest[more]

    Limited partners of investment managers may be subject to self-employment taxes On September 5, 2014, the Internal Revenue Service (“IRS”) issued Chief Counsel Advice 201436049, concluding that members of an investment manager were subject to self-employment taxes with respect to their e

  5. Opalesque Exclusive: Old Hill Partners launches specialty finance fund[more]

    Bailey McCann, Opalesque New York: Asset-backed lending is starting to heat up again after a prolonged credit squeeze. The Financial Times reports that a record £18.9bn was borrowed from asset-based lenders in the three months to the end of June. Much of this lending is driven by advanc