Sat, Dec 3, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers April 2012

Launches
A recapitulation of maiden launches in late March 2012 and early April

We now have an idea of how many hedge funds have been launched globally so far this year: more than 100 as at the end of March, claims Singapore-based data provider Eurekahedge. Half as much as last year's Q1, but let's wait till later in the year to get the final numbers.

We Recently Heard of The Following Ex-Hedge Funders Striking Out On Their Own:

1. Steve Eisman, who left FrontPoint Partners LLC last year, raised $22.9m from friends and family for his new hedge fund, Emrys Onshore Fund, which started trading March 1.

2. Athos Capital Ltd, backed by Ascalon Capital Managers, a unit of Australia's Westpac Banking Corp, launched an event-driven hedge fund investing in Asia-Pacific. Athos was founded by former Tiresias Capital portfolio manager Matthew Moskey and trader Erik Senko, together with ex- Black's Link Capital Fred Schulte-Hillen.

3. Thierry Lucas, Eaton Park Capital portfolio manager until last year, will start his new fund, Portland Hill Capital, on 1 May.

4. Long/short technology hedge fund Lamond Capital Partners began trading April 2 with at least $175m from institutional investors, including $150m in seed money from Meritage Group. This is only the second hedge fund seeding deal for Meritage, the $8bn multi family office that mostly manages money for Renaissance Technologies execu......................

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. M&A - AllianzGI to acquire Sound Harbor Partners, SS&C completes acquisition of Wells Fargo's Global Fund Services business[more]

    AllianzGI to acquire Sound Harbor Partners Allianz Global Investors (AllianzGI), an active investment manager, announced that Sound Harbor Partners, a US private credit manager led by Michael Zupon and Dean Criares, have agreed to join its fast-growing Private Debt Platform. Under the te

  2. Europe - UK investors to pay more tax on money in offshore funds, Do you want to hand your money to super-algo or a Swiss banker?[more]

    UK investors to pay more tax on money in offshore funds From FT.com: Hedge funds in Dublin and Luxembourg are set to be hit by new rules that will force UK investors to pay more tax on the money they hold in offshore funds. As part of the government’s Autumn Statement on the country’s fi

  3. Hunt for yield pushes more investors into riskier assets[more]

    From FT.com: Pension funds and insurance companies have increasingly embraced riskier assets in their hunt for higher returns over the past five years. Alternative assets such as property, infrastructure, private equity and hedge funds have been bought up by institutional investors in a world where

  4. People - Nectar Financial hires senior investment team, Texas A&M replaces retiring foundation investment chief, Ex-Cadwalader partner Woolery makes another sudden exit, How to become a Python coder at a top hedge fund, by the co-CTO of Man AHL[more]

    Nectar Financial hires senior investment team Nectar Financial AG, a Swiss financial technology company for wealth and asset management, has announced that it has hired two key senior leaders to spearhead its digital asset management efforts. The company also announced that it has entere

  5. Activist News - Cognizant has introductory discussion with activist investor Elliott; to review letter, Starboard Value makes huge investment in Hewlett Packard, Hedge fund calls for removal of First NBC Bank CEO[more]

    Cognizant has introductory discussion with activist investor Elliott; to review letter From Indiatimes.com: Cognizant said it had an introductory discussion with Elliott Management after receiving the activist hedge fund's letter asking for a board shakeup, a buyback, a dividend and chan