Mon, Apr 27, 2015
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. U.S. does not want hedge funds to invest in offshore re-insurers for tax purposes[more]

      Komfie Manalo, Opalesque Asia: The U.S. Treasury Department on Thursday introduced a new rule aimed at limiting hedge funds’ ability to reduce their tax bills by investing in insurance companies in offshore tax havens. As a general rule, the U.S. tax laws does not allow hedge funds to use off

    2. Ruling: Hedge funds suing Argentina can have access to bond offering details[more]

      Komfie Manalo, Opalesque Asia: U.S. District Judge Thomas Griesa in Manhattan ruled yesterday that hedge funds are entitled to details of a recent bond offering by Buenos Aires, reports

    3. Hedge funds looking to continue their rally in Q2[more]

      Komfie Manalo, Opalesque Asia: Hedge funds finished the first quarter on a strong note and are looking to continue the rally in the second quarter, said Lyxor Asset Management in its Weekly Brief. The Lyxor Hedge Fund Index is up 0.4% over the week

    4. Hedge funds down -0.17% in March (+1.23%YTD)[more]

      Bailey McCann, Opalesque New York: The hedge fund industry produced an aggregate return of –0.17% in March to end Q1 2015 up 1.23%, compared to the S&P 500 which increased 0.96%, according to the latest data from eVestment. Hedge fund performance returns were mixed in March amid increased equity

    5. Fund managers express concern of overvaluation in both equity and bond markets[more]

      Komfie Manalo, Opalesque Asia: According to the BofA Merrill Lynch Fund Manager Survey, investors see growing overvaluations in both

     

    banner