Thu, Oct 30, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers November 2012

Launches - A recapitulation of maiden launches in the last 30 days

We recently heard of these ex-hedge funders striking out on their own:

  • Kevin Scherer, a former Citadel LLC senior portfolio manager, plans to start Continuum Investment Management, a hedge fund investing in residential and commercial mortgage debt and asset-backed securities. He and three former colleagues plan to seek about $250 million when they start the firm in January.
  • Matthew Sidman, portfolio manager at Boston-based Highfields Capital, plans to leave the investment firm next year to set up his own hedge fund.
  • Herb Wagner, Co-Portfolio Manager at Boston-based hedge fund Baupost Group announced he will be leaving to start his own family office and will remain a client of the firm. (Full Opalesque Exclusive article here).
  • Former Cofunds boss Brett Williams launched a new alternative investments business, Old Burlington Investments, to take advantage of the UK Enterprise Investment Scheme (EIS), which offers tax breaks to investors in small, unlisted companies.
  • Mumbai-based Forefront Alternative Investment Trust, India’s first local hedge fund, will start road shows in two months to raise money and may start invest......................

    To view our full article please login

    This article was published in Opalesque's New Managers a top-down monthly analysis, news and research publication on the global emerging manager space.
    New Managers
    New Managers
    New Managers

  • 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. Macks aim to raise $750m for real estate debt fund[more]

      From Therealdeal.com: Father-son duo William and Richard Mack and former Blackstone Group managing director Peter Sotoloff are starting a new real estate debt fund. Together, the trio hopes to raise more than $750 million for the private equity fund, according to the Wall Street Journal. The fund wi

    2. Manager Profile - Seth Klarman: Lessons for retail and institutional investors[more]

      From Valuewalk.com: Seth Klarman is virtually unknown outside value circles, despite his impressive record and value of assets under management. On average Baupost has returned 19% p.a. despite holding a large portion of its assets in cash. During the financial crisis, Seth Klarman’s funds lost some

    3. North America - FATCA leads 75% of U.S. expats to consider dropping citizenship[more]

      From International-adviser.com: Nearly three quarters of American expats are considering the renouncement of their citizenship following July’s introduction of the “absurd” Foreign Account Tax Compliance Act (FATCA). The findings, which were revealed in a survey by deVere, come alongside the news th

    4. Hedge funds fell 1.18% in September on Fed tightening and ECB loosening[more]

      Komfie Manalo, Opalesque Asia: Hedge funds fell 1.18% in September on Fed tightening and loosening of the European Central Bank’s policy on equity markets, according to the Barclay Hedge Fund Index co

    5. New app allows asset managers easy interaction with portfolios, securities, holdings, transaction details[more]

      Komfie Manalo, Opalesque Asia: Global financial services software company SS&C Technologies Holdings has launched Explorer, a powerful data visualization and analysis tool that turns critical investment data into meaningful information. Explore