Tue, Oct 21, 2014
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

  • Banner

    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: What's next for trend followers?[more]

      Bailey McCann, Opalesque New York: New research out from Ibbotson touches on a key debate happening among investors and fund managers, specifically whether long term trend followers can survive in the new

    2. Commodities - Oil wreaking havoc on small-cap energy stocks sliding 36%[more]

      From Bloomberg.com: Owning almost anything in the U.S. stock market has been a losing proposition since September. Owning smaller energy companies has been a catastrophe. Hercules Offshore Inc. and Resolute Energy Corp. are among 19 oil-and-gas equities in the Russell 2000 Index that lost more than

    3. Investing - Hedge funds favor equity long/short, Strategic bond managers hedge against further high yield sell-off[more]

      Hedge funds favor equity long/short From Securitieslendingtimes.com: Equity long/short strategies will generate good returns for hedge funds in the future, according to a panel at this year’s Risk Management Association Conference on Securities Lending in Naples, Florida. Panellists Sand

    4. Legal - Ex-hedge fund analyst weeps as judge hands down 5 year sentence, Former Columbus investment manager Steven P. Moore indicted on theft charges, SEBI confirms ban for Hong Kong hedge fund, SEC announces enforcement action against compliance officer[more]

      Ex-hedge fund analyst weeps as judge hands down 5 year sentence From Hereisthecity.com: An ex-hedge fund analyst was sentenced to 5 years in prison for his role in insider-trading scheme. The New York Post reports that former hedge fund analyst Matthew Teeple was sentenced Thursday to fiv

    5. Sparx optimistic about outlook for Japan[more]

      Benedicte Gravrand, Opalesque Geneva: According to SPARX, there are causes to be optimistic about the outlook for the Japanese market and the country's economy in general. Sparx Asset Management is a Tokyo-based asset manager, part of