Thu, Sep 18, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers January 2013

Launches - A recapitulation of maiden launches in the last 30 days, and related matters

We recently heard of those ex-hedge funders (including a couple from Tudor, a couple from Soros, and a few more from SAC) striking out on their own:

  • Ex-FrontPoint manager Tim Flannery, who ran utility and energy fund Copia Capital, which had to be liquidated in December, is apparently planning a comeback in March.
  • Steve Gross, who was previously portfolio manager at Tudor Investments and before that, partner at Penso Capital Markets and fund manager at Millennium, has just launched AlphaParity in New York and its new fund, the All-Weather Strategy (full Opalesque Exclusive article in AMB and in this publication's Profiles section).
  • Andrew McMillan, Another former portfolio manager at Tudor Investment Corp who oversaw energy investing from Singapore is setting up his own business with five former colleagues. Tudor partners may invest with McMillan when he preps his fund.
  • Imran Hussain, former head of emerging market debt and currency portfolios for BlackRock, quit and partnered with former Octagon Asset Management head portfolio manager Mead Welles to launch a new emerging markets fund in New York called Infineon......................

    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. 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