Mon, Feb 8, 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. How Einhorn survived a nightmare year[more]

    From Bloomberg.com: Even when a hedge fund has an awful year, which was the case for David Einhorn's Greenlight Capital, there are lessons to be learned. Many funds would have had a tough time surviving a year like Einhorn experienced in 2015, when all the stars seemed to align against him and Green

  2. Legal - Hedge fund founder wins early release in U.S. insider trading case, Gramercy seeking $1.3 billion from Peru over land-bond dispute[more]

    Hedge fund founder wins early release in U.S. insider trading case From Reuters/Streetinsider.com: Former hedge fund manager Doug Whitman on Tuesday won a reprieve from serving the remainder of his two-year sentence for insider trading after several judges expressed skepticism that his 2

  3. Investing - David Einhorn finds a winner in Michael Kors[more]

    From Thestreetinsider.com: Greenlight Capital hedge fund manger David Einhorn took his lumps in 2015. The fund lost over 20 percent on the year amid bets gone bad being long a plunging SunEdison and short a couple high-flying FANG stocks. However, today Einhorn is again showing his stock picking pro

  4. Investing - Avenue Capital's Marc Lasry: We like European bank loans, Comment: A bunch of hedge fund managers are chasing the 'dream of crushing a major structural problem'[more]

    Avenue Capital's Marc Lasry: We like European bank loans From CNBC.com: European banks are under immense pressure, but at least one prominent hedge fund has found what it thinks is a good opportunity in the wreckage. Marc Lasry, co-founder and chief executive of hedge fund Avenue Capital

  5. Computer-driven hedge funds make money during January’s selloff[more]

    Komfie Manalo, Opalesque Asia: Commodity trading advisers (CTAs) that use computer programs to guide how they trade, made millions of dollars during last month’s market selloff on the back of declining oil prices and global equities and big moves in currencies. Data provider