Mon, May 25, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers August 2014

NEW LAUNCHES: Latest maiden fund launches

We recently heard of this ex-hedge funder striking out on his own:

A former top executive at Ziff Brothers Investments launched a new hedge fund with $1.5 billion, marking one of the biggest startups for the industry in 2014, according the Wall Street Journal. Ryan Pedlow's Two Creeks Capital Management LP also bound wealthy investors in a two year hard lockup, says the Journal, which adds that the only likely rival to Two Creeks in terms of size this year is Finepoint Capital LP, from Herb Wagner, a former co-portfolio manager at Baupost Group LLC. Mr. Wagner started his Boston firm in the spring and managed $2.1 billion as of May.

Former bankers and others who are also starting new funds:

Alex Turnbull, son of Federal Communications Minister Malcolm Turnbull, is planning a Singapore-based hedge fund, reports SMH.com.au. Mr Turnbull, who has been an executive director of Goldman Sachs Group's special situations group, will be the chief investment officer of Keshik Capital. The fund will be focused on Asia with flexibility to invest globally. It may start as early as January and will invest in equity and credit, including convertible bonds.

Mathew Welch, a former Temasek Holdings Pte managing director, is starting a hedge fund that invests in small and midcap firms in Asia’s developing markets where he said companies are undervalued, reports Bloomberg. The ACA Asia Dorset Fund already has commitments of $45 million and targets assets under management of $100 million within the first year.

A former Deutsche Bank AG equity analyst, whose Japan-focused hedge fund returned almost 50% in th......................

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. Comment - Top hedge fund managers talk about how easy their jobs have gotten, BlackRock to Schroders warn of Argentina’s $20bn bond glut, The 35-year “investment supercycle” is drawing to a close, says Bill Gross, Gundlach: When the Fed starts hiking rates, 'GET OUT' of this asset class[more]

    Top hedge fund managers talk about how easy their jobs have gotten From Businessinsider.com.au: Time was, before the financial crisis hit, corporate boards treated multi-billion dollar hedge fund managers like Jehovah’s Witnesses pounding on their doors and flashing bibles. But no more.

  2. T Rowe's challenge to Dell deal may fuel critics of 'appraisal'[more]

    From Reuters.com: An increasingly popular tactic used by hedge funds and others to extract more money from buyouts could soon face a major courtroom test when a big investor in Dell Inc may argue that it should be paid a higher price for the 2013 acquisition of the PC maker. The strategy, known as "

  3. News Briefs - Ergen says LightSquared plan unfairly favors hedge funds, Why hedge fund managers make good advisory clients, I learned a lot about dad-bros after spending 4 days in Vegas with 2,000 hedge funders[more]

    Ergen says LightSquared plan unfairly favors hedge funds LightSquared Inc.’s bankruptcy plan gives hedge funds that invested in the broadband company a leg up while blocking telecommunications firms from competing with it, a fund owned by Dish Network Corp. Chairman Charles Ergen said in

  4. Opalesque Exclusive: SEC approves proposed changes to Form ADV, '40 Act - comment period to follow[more]

    Bailey McCann, Opalesque New York: Hedge funds and providers of liquid alternatives will want to pay close attention to proposed reforms approved by the SEC yesterday. The changes will require more frequent reporting, as well as a closer look into social media, liquid alternative strategies, and

  5. New market regime has created more dispersion between managers[more]

    Komfie Manalo, Opalesque Asia: The month of April has marked the transition toward a new market regime, Philippe Ferreira, Lyxor AM’s head of research, managed account platform, commented in the May 5's Weekly Briefing. "The first quart

 

banner