Thu, Feb 11, 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. Credit Suisse cherry picks hedge fund ideas[more]

    From FT.com: Credit Suisse Asset Management plans to cherry pick profitable concepts from hedge funds with the launch in Europe of a “best ideas” strategy. The investment arm of the Swiss bank said the strategy will separate it from other funds blighted by “overcrowding problems”. It comes at a time

  2. Investing - Hedge funds bet on risks in U.S. blue-chip debt, Hedge funds bets against bank credit risk paying off, Tiger Global still likes Internet names, gets pointers from Jeter[more]

    Hedge funds bet on risks in U.S. blue-chip debt From WSJ.com: Hedge funds are betting the next bond sector to crack will be the $4.5 trillion market for the safest U.S. corporate debt. New York’s Perry Capital has placed a $1 billion wager against investment-grade bonds issued by 10 comp

  3. Short Selling - Hedge fund manager Kyle Bass is shorting real estate—again, Top US hedge fund has €80m short position in Paddy Power Betfair[more]

    Hedge fund manager Kyle Bass is shorting real estate—again From Fortune.com: He also predicted the mortgage crisis in 2008. Hedge fund manager Kyle Bass, who runs Dallas-based Hayman Capital, tanked the stock of a little-known real estate financier Friday by revealing that he is shorting

  4. Investing - Real estate secondaries sole 'bright spot' in 2015, As hedge funds stumble, one firm prepares to buy illiquid stakes[more]

    Real estate secondaries sole 'bright spot' in 2015 From IPE.com: The secondary market for property was the sole “bright spot” over the course of 2015, as hedge fund secondaries saw deals fall by two-thirds, according to a wide-ranging survey of the market. Setter Capital said 2015 saw th

  5. Opalesque Exclusive: Directors want to be considered trusted partners by new manager[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: A hedge fund director provides her perspective on emerging hedge fund managers. She will happily work with those who have set themselves up for future growth, s