Mon, Jul 25, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers January 2012

Launches
A recapitulation of maiden launches last month. We included Julian Roberson's recent comment on new hedge funds, and HFR's findings related to hedge funds launched in 2011

Maiden launches announced in December 2011

At Opalesque, we heard of the following maiden launches during December 2011:

Alex Denner, who has a Ph.D. in biomedical engineering, split from activist investor Carl Icahn to start his own hedge fund; Eashwar Krishnan, a former analyst at hedge fund Lone Pine, and Tanvir Ghani, former head of capital introduction for Asia-Pacific at Goldman Sachs, are setting up an Asia-focused hedge fund in Hong Kong to be launched around April; and more than 10 "Korean-style" hedge funds were expected to make their historic debut on Dec. 23, according to the Financial Services Commission and the Korea Financial Investment Association.

Robertson: the industry is tougher because there are more hedge funds being created

Julian Robertson, one of the few elders of the hedge fund industry, and the founder of the now defunct U.S. investment firm Tiger Management, told CNBC in December 2011 that the hedge fund business was getting tougher every day because there are more hedge funds being created.

"And the reason for that is, it's the best way to pay these very competent guys on Wall Street," he explained. "So they matriculate into hedge funds. I think hedge funds would prefer to compete against the banks or mutual funds or individual brokers than they would against other hedge funds."

He believes it's a tough business now and it's going to get tougher, but: "The industry has a ......................

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. Opalesque Exclusive: California-based manager launches long/short equity hedge fund with unique algorithm[more]

    Benedicte Gravrand, Opalesque London for New Managers: SJL Capital LLC, an investment advisory firm based in California, has launched its maiden fund, the SJL MarketDNA Hedge Fund LP. The fund, which began trading

  2. Manny Roman to move from Man to Pimco[more]

    Benedicte Gravrand, Opalesque London: Emmanuel (Manny) Roman, an investment world veteran, has been hired by PIMCO, the large US bond fund house, as chief executive officer. PIMCO's current CEO Douglas Hodge will assume a new role as managing director and senior advisor when Roman joins P

  3. Opalesque Exclusive: ArbitrOption outperforms benchmarks, up 7.18% in H1[more]

    Komfie Manalo, Opalesque Asia: Independent registered advisor ArbitrOption breezed through the tumultuous Brexit referendum and outperformed its benchmarks. ArbitrOption was up 7.18% in the first half of 2016 compared to the S&P 500 which gain

  4. Europe - European hedge funds shrink and shutter as turmoil hurts returns, Investors go bargain-hunting for U.K. property after Brexit vote, Brexit: Guidance for fund directors - what to know and what to ask[more]

    European hedge funds shrink and shutter as turmoil hurts returns From Bloomberg.com: Europe’s hedge-fund industry contracted for a sixth straight quarter as the U.K.’s decision to leave the European Union and concerns that China’s growth is slowing caused losses and forced some money man

  5. Platinum Partners starts liquidation of hedge funds following municipal union kickback scandal[more]

    Komfie Manalo, Opalesque Asia: Platinum Partners, the hedge fund in the middle of a New York City municipal union kickback investigation, is reported to be liquidating two of its funds, the New