Sun, Nov 23, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers February 2013

Launches and new funds' news -

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

  • Spartan Fund Management, an emerging hedge fund manager platform located in Toronto announced the launch of a new fund - the Noble Bay Energy Fund, a multi strategy energy fund managed by Mark Ellis. Prior to founding Noble Bay, Mark was a founding partner of Rayne Capital, a Calgary based energy fund that returned over 63% in 4 ½ years to its investors (Opalesque Exclusive). Note: More on Spartan in next month's issue.
  • Racon Capital Partners, a new Milwaukee hedge fund founded by ex-Stark Investments professionals, has raised $35 million and is preparing to launch its first fund.
  • Keith Anderson, the former CIO for George Soros' money management firm, is raising money for a new macro hedge fund. He left in June 2011 when Soros returned money to investors and converted his firm into a family office. Before that Anderson was at BlackRock, which he co-founded, for 20 years.
  • The principals of Forum Asset Management have come together again after a decade to launch a new firm, Connecticut-based Waypoint Asset Management, late last year. Their new emerging markets fund is open to investors (......................

    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. Greenlight Re CEO says hedge fund reinsurance strategy buzz is validating[more]

      From Artemis.bm: The attention being paid to the hedge fund reinsurance business model and the fact that others are now looking to leverage bits of it within their own strategies, is validating for reinsurer Greenlight Capital Re, according to CEO Bart Hedges. There has been an increasing buzz

    2. Legal - Hedge fund manager fights £8m tax tribunal ruling[more]

      From FT.com: A hedge fund manager who may have to repay £8m in tax is trying to overturn a tribunal ruling that found he had attempted to shelter millions in an avoidance scheme. Patrick Degorce, chief investment officer at Theleme Partners, lost a tax tribunal case last year. HM Revenue & Customs c

    3. Europe - Hedge funds face exit tax as Iceland central bank discusses plan[more]

      From Bloomberg.com: Hedge funds and other creditors with claims against Iceland’s failed banks face an exit tax as the island looks for ways to unwind capital controls without hurting the economy. The government targets having a plan it can present by year-end that would map out how Iceland will sca

    4. Investing - George Soros puts $500m of his money on Bill Gross, Soros, Paulson backed Hispania Activos mulls Realia takeover, Ex-Credit Suisse trader’s hedge fund sees yen shorts as crowded, Hedge hunters double default-swaps as views split, Large hedge fund positions come under pressure, Vikram Pandit's fund picks 50% stake in JM Financial's realty lending arm for $87m[more]

      George Soros puts $500m of his money on Bill Gross From WSJ.com: Before Bill Gross was fully settled in at his new firm, Janus Capital Group Inc., he received an unlikely visit from the chief investment officer of famed investor George Soros ’s firm, according to a person familiar with t

    5. Hedge fund Oceanwood raises $2bn, to close to new investors[more]

      From Reuters.com: Europe-focused hedge fund Oceanwood Capital Management is closing its fund to new investors after its assets under management hit $2 billion (1 billion pounds) recently, a source with direct knowledge of the matter said. Oceanwood, a multi-strategy hedge fund spinout from Tudor Gro