Sun, Apr 26, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers May 2013

Launches and New Funds' News

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

1. Dai Jixin, a former manager of Soros Fund Management, plans to start a new hedge fund in Hong Kong, said SCMP. Dai's Xin Tian Fund Management was incorporated in late January with two other directors, Ye Qingjun, chairman of Chinese asset manager DH & YZ Capital, and Zhang Yongjun, DH & YZ's chief investment officer.

2. Tim Attias and Santiago Alarco, two former executives at Rubicon Fund Management LLP, raised around $300m for their own hedge fund, Canosa Capital LLP, almost a year after settling a lawsuit brought by their former employer, said Bloomberg. They received backing from Brummer & Partners (Brummer featured in New Managers in February'13: Focus - Starting out up North).

Former bankers and others who are starting new funds:

3. The former head of European credit flow trading at UBS, Yassir Benjelloun-Touimi, left the Swiss bank to set up a new hedge fund, Arcade Capital Partners, which is expected to be USD150m in size and to focus on the most liquid part of the market, Bloomberg said.

4. Thomas Marano, the outgoing head of Ally Financial Inc.'s subprime lender, Residential Capital, is pursuing other opportunities in the mortgage business that could include starting a hedge fund or real-estate investment......................

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. 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

  4. Update: Wall Street has strong feelings about Jon Corzine trying to make a comeback[more]

    From Businessinsider.com.au: Former New Jersey Governor Jon Corzine is thinking about starting his own hedge fund, according to the Wall Street Journal, and because of the way his last firm imploded, Wall Street has strong feelings about that. “Truth is the larger seeders would never give him money

  5. Opalesque Exclusive: Cybersecurity and hedge funds - A manager’s experience, Part Four[more]

    Benedicte Gravrand, Opalesque Geneva: Ruane, Cunniff and Goldfarb, Inc. used to have their own IT infrastructure. Todd Ruoff, Executive Vice President in charge of trading, operations and technology, was responsible for its maintenance. Then he started looking at outsourced providers a couple of

 

banner