Tue, Sep 1, 2015
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. Investing - Hedge funds suddenly find real money is back in Argentina's debt, Elon Musk buys more SolarCity stock following hedge fund manager short, BlackRock plans to get into rental-home financing[more]

      Hedge funds suddenly find real money is back in Argentina's debt From Bloomberg.com: The real money is back in Argentina. Before the country’s default in July 2014 (its second in 13 years), most long-term investors abandoned its bond market. As they rushed out, Argentina became a favorit

    2. Activist News - Carl Icahn has snapped up a huge stake in Freeport-McMoRan, and the stock is ripping, Meet Europe's best activist investor[more]

      Carl Icahn has snapped up a huge stake in Freeport-McMoRan, and the stock is ripping From Businessinsider.com: Carl Icahn has picked his next target: Freeport-McMoRan. Icahn and a group of other investors have snapped up an 8.46% stake in mining company Freeport-McMoRan, according to a j

    3. North America - Hedge fund manager Ray Dalio’s challenge to the Fed[more]

      From Newyorker.com: For some reason, Janet Yellen, the chair of the Federal Reserve, decided to skip this year’s annual Fed conference in Jackson Hole, where monetary policymakers from the United States and abroad get together with some prominent academics to discuss the big issues of the moment. Th

    4. Opalesque Exclusive: Credit-focused hedge fund Numen Capital expects more volatility in Europe in coming months[more]

      Benedicte Gravrand, Opalesque Geneva: A London-based hedge fund, which has just hired two emerging managers, is cautious on Europe. Vassilis Paschopoulos and former Lehman’s colleague Nikos Kargadouris, launched a London-based credit-focused hedge fund called

    5. Performance - Hedge funds bruised by stocks’ meltdown, Capstone’s volatility hedge fund is having a monster month thanks to market mayhem[more]

      Hedge funds bruised by stocks’ meltdown From WSJ.com: Hedge-fund managers like to promise their investors protection from market swings. In the recent stock swoon, many were caught off guard. Billionaire managers such as Leon Cooperman, Raymond Dalio and Daniel Loeb are deeply in the red

     

    banner