Fri, Apr 25, 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

  • Banner
    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. Opalesque Exclusive: Rainwater and Blue Sky - an Australian water fund emerges[more]

      Bailey McCann, Opalesque New York: Financial reporters often tout new funds and investments as uncorrelated investments, but few can say they are uncorrelated to everything but weather. Enter Blue Sky Alternative's water fund which invests in the permanent rights to Australia's water. Sev

    2. Regulatory – Expect greater SEC scrutiny of hedge funds that share information or collaborate in advance of their trades, Alternative funds to get SEC test for leverage, liquidity[more]

      Expect greater SEC scrutiny of hedge funds that share information or collaborate in advance of their trades From Thelawyer.com: A recent Wall Street Journal article — ‘Activist investors often leak their plans to a favoured few’ — focused attention on ‘activist’ investors and stock analy

    3. …And Finally – This week's least competent criminal is Austrian[more]

      From ABCnews.go.com: A German sought by authorities for alleged fraud has been arrested in Austria — after dropping into a police station to ask officers whether he was under investigation. Police in Salzburg said the 59-year-old man walked into a police station in the city on Friday night. Sp

    4. Investing – Hedge funds find pitfalls along with profits in real estate ventures, Marcato Capital Management makes new bet on Dillard’s[more]

      Hedge funds find pitfalls along with profits in real estate ventures From Law360.com: Hedge funds have joined the rush to real estate deals and development in recent months to close the financing gap left by tightening bank standards, but attorneys say many aren't prepared for the disclo

    5. Agecroft Partners estimates 90% of hedge funds using social media[more]

      The use of social media has increased significantly within the hedge fund industry over the past couple of years. Social media is broadly used by investors as part of their due diligence process on hedge funds, by service providers in their sales efforts to hedge funds, and by hedge funds to enhance