Thu, Aug 25, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers May 2014

New Launches: Latest maiden fund launches

We recently heard of those ex-hedge funders striking out on their own (or thinking about it):

  • A former portfolio manager at Houston-based energy hedge fund Goldfinch Capital is launching a natural gas-focused fund that is expected to start trading in the summer, energy news site Sparkspread said. Mirarc Capital Management, with Goldfinch's Rick Thielke at the helm, will get "substantial" backing from an institutional investor.
  • Ken Xu, a former managing director at SAC Capital Advisors and Och-Ziff Capital Management Group LLC, is considering setting up his own hedge fund in Hong Kong, Bloomberg reports. Xu left SAC, now renamed Point72 Asset Management LP, earlier this month.
  • Former SAC Capital Advisors portfolio manager Andrew Bazarian is preparing to launch a hedge fund in Hong Kong with potential backing from Alibaba's co-founder Joe Tsai among others, The Wall Street Journal gathers. Bazarian, a 10-year veteran of SAC who left the US alternative investment fund's Hong Kong office in March, will bet on rising and falling stocks.
  • Hedge fund East Lodge, founded by ex-CQS portfolio manager Alistair Lumsden, has opened to external money, Reuters reports. East Lodge has launched the East Lodge Capital Credit Opportunities Fund and is targeting assets under management of $250 million within three months
  • Carl Icahn's son, Brett I......................

    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. Asia - LGT Capital Partners: Alternatives set for continued rise in Asia[more]

      From Asianinvestor.net: More flows are likely into insurance-linked strategies, private equity and trend-following strategies/CTAs, given the benefits of such investments, argues LGT Capital Partners. Despite the numerous quantitative easing programs and bailouts of recent years, the quest for

    2. LatAm hedge funds surge in 1H to +24.4%, emerging markets assets rise[more]

      Komfie Manalo, Opalesque Asia: Hedge funds investing in Latin America posted strong gains through mid-2016, reversing declines in four of the past five years, including the last three years, to lead all areas of hedge fund performance through the first half of 2016, according to the latest HFR Em

    3. Investors yank money from hedge funds after poor performance[more]

      From Marketwatch.com: A growing exodus from hedge funds extended to two of the biggest names in the industry Tuesday, Tudor Investment Corp. and Brevan Howard, as disenchanted investors increasingly shun what was once the hottest place to put money. The funds’ problem is clear: They just aren’t perf

    4. Banks look at hedge funds differently - and it should matter to allocators[more]

      From Valuewalk.com: Looking at two bank reports on the same topic can often yield interesting results. There are times when bank research is best viewed from the standpoint of how their analysis does or does not correlate with one another. Regarding hedge fund allocation decisions, one bank appears

    5. Legal - Hedge fund’s fixer kept deals flowing with bribes, U.S. says, Big four banks sued by U.S. hedge funds over BBSW, Lessons for hedge fund managers from the government's failed prosecution of alleged insider trading[more]

      Hedge fund’s fixer kept deals flowing with bribes, U.S. says From Bloomberg.com: With the Miami villa, stopovers at New York’s Plaza Hotel and millions channeled in bribes to win mining deals, Samuel Mebiame was the relationships guy in a corruption scheme that spanned continents, accord