Wed, Sep 17, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers July 2012

Launches: A recapitulation of maiden launches and related developments in late June and July 2012 so far.

A survey published by AsiaHedge reveals that, despite tough market conditions, new Asian hedge funds raised $2bn in the first half of 2012, an increase of 50% over the capital they raised in the previous six months, reports Reuters. The number of start-ups also increased, rising to 32, from 30 in the second half of last year, according to the survey, with funds such as Asia Research & Capital Management by Alp Ercil, former Asia head of Perry Capital, and Kingsmead by former FrontPoint portfolio manager John Foo joining the fray.

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

  • Kieran Goodwin, the former head trader at King Street Capital Management LP, plans to start a credit hedge fund in the fourth quarter. Panning Capital Management LP, Goodwin's New York-based firm, will begin trading in mid-October with bets on and against securities from loans to distressed assets.
  • Joint-venture Ping An Russell Investments, which was established last year, will launch China's first multi-manager fund for domestic high-net-worth individuals early in the third quarter of this year.
  • Maso Capital hired former Mount Kellett Capital executive Allan Finnerty for a top role at the hedge fund being set up by former managing directors of Och-Ziff Capital Management, Manoj Jain and Sohit Khurana. Jain and Khurana are aiming to raise about $250m for their multi-asset class Asia-focused hedge fund.
  • Vladimir Jelisavcic, ......................

    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 - Big hedge funds show interest in Alibaba, Maglan joins other hedge funds in rush to Argentinian assets[more]

      Big hedge funds show interest in Alibaba From Hereisthecity.com: …Three other major hedge fund investors who have shown interest in the IPO are Dan Loeb of Third Point, David Tepper of Appaloosa Management and Dan Benton of Andor Capital Management. All three were among the roughly 800 p

    2. 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

    3. Investors move capital out of Scotland ahead of referendum[more]

      Benedicte Gravrand, Opalesque Geneva: Ahead of Scotland’s independence referendum on September 18, asset managers, investors and pension savers are moving billions of pounds out of the country,

    4. Indices - Greenwich Global Hedge Fund Index up 1.57% in August (+4.22% YTD), Eurekahedge Hedge Fund Index rebounds in August gaining 1.36% (4.22%), Lyxor Hedge Fund Index was up 0.9% in August (YTD +1.7%)[more]

      Greenwich Global Hedge Fund Index up 1.57% in August (+4.22% YTD) The Greenwich Global Hedge Fund Index ended the month of August up +1.57%. Equity markets were up in August with the MSCI World Index up +2.00%. This was primarily driven by the performance of the S&P 500 which was up +4.

    5. Alpha Strategic buys stake in Premium Point Investments[more]

      Benedicte Gravrand, Opalesque Geneva for New Managers: Alpha Strategic plc, a affiliate of