Sat, Apr 20, 2019
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers April 2016

LAUNCHES

 

  • Former Canyon Capital analyst Yunhee Yoo is starting her own credit hedge fund, Cascade Ridge Capital in San Francisco, three sources told Reuters, and aims to launch in early 2017 with $150m in assets. She joins a growing number of high-profile women launching their own funds, among them Paulson & Co. partner Samantha Greenberg and Lone Pine-backed senior analyst Ran Li.
  • Lone Pine Capital senior analyst Ran Li is to start a new London-based equities hedge fund backed by the US firm, sources told Reuters, in what could prove one of the year's biggest European launches. Li is expected to launch Half Sky Capital with at least $110m. Lone Pine, which manages about $16 billion across equity markets globally, will back the launch with start-up capital.
  • Ramius, the global investment management business of Cowen Group, has partnered with Samantha Greenberg's newly-launched Margate Capital. Margate, a multi-sector equity long/short alternative asset manager, will leverage the institutional infrastructure and operational expertise of Ramius, which is providing seed capital to the new venture. Founded this year, Margate will pursue a fundamental long/short equity strategy emphasizing catalysts and sector themes and will deploy a rules-based risk approach to protect capital and reduce volatility.Before she founded Margate, Greenberg served as partner and media/consumer sector head on the investment team of Paulson & Co., where she managed equity investments in media, cable, consumer discretionary and staples sectors from 2009-16. Margate will initially manage proprietary capital for Cowen ......................

    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. Institutional Investors: Here's how much public pensions are in the hole by per U.S. resident, Swedish pension giant awards $1.5bn PE mandate, CalSTRS on lookout for private equity investment consultants, Baltimore Fire & Police commits to LaSalle value-added real estate fund, US, European institutional investors plan to pile into China's capital markets, survey finds[more]

      Here's how much public pensions are in the hole by per U.S. resident From Value Walk: A lthough some government agencies have demonstrated a desire to deal with the pension crisis, the problem of unfunded liabilities continues to get worse year after year. A new report pegs U.S. public pe

    2. YieldStreet acquires Carlyle-backed Athena for $170m to add art financing to its alternative investment platform[more]

      Laxman Pai, Opalesque Asia: Yieldstreet, a closely held digital wealth management platform, acquires Athena Art Finance from Carlyle Group and co-investors in a deal valued at $170m. With this acquisition, YieldStreet, which raised $62m in February to further open to a wider base of investors

    3. Europe: KKR strikes hedge fund gold with British billionaire pair, Net outflows continue at Swiss asset manager GAM, Swiss fintech launches hedge fund platform, Cash-flush buyout firms target Europe in take-private scramble[more]

      KKR strikes hedge fund gold with British billionaire pair From Bloomberg: A pair of 200-year-old wooden elephants adorn the London lobby of one of the financial world's biggest beasts. The carvings guard the Chelsea office of fast-growing $39 billion hedge fund Marshall Wace. Co-foun

    4. Performance: BlueMountain was one of the biggest losers of the first quarter[more]

      From Institutional Investor: BlueMountain Capital Management - the hedge fund firm fighting a proxy battle over the future of bankrupt California power company PG&E - has another problem.Its main fund, BlueMountain Credit Alternatives, is down 4 percent for the year through April 5, according to HSB

    5. Opalesque Exclusive: Alternative UCITS trends: asset outflow and growth in quant strategies[more]

      B. G., Opalesque Geneva: The market for alternative UCITS, the more hedge fund-type of UCITS funds, has doubled since 2008, but underwent its first outflow since then in 2018. According to LuxHedge's database, it now stands at €400bn ($452bn), with about 1,400 funds. Despite the outflo