Alternative Market Briefing

Performance: Managed Futures FoF up 4.25% in January, 9.23% in 2007, GLG Partners profit beats estimates, Clarium surges on recent bets against leveraged companies, Gottex optimistic on 2008 after excellent results, SRM Global down 30% in January, GS Strategic Japan FoHFs has reportedly closed

Thursday, February 07, 2008

Opalesque Exclusive: Managed Futures FoF up 4.25% in January, 9.23% in 2007 Rochester, Michigan based Altin:Fund returned 4.25% in January (est.) and 9.23% for 2007. The firm, run by principal Sebastian Lucido runs a managed futures fund of funds for institutional investors. According to earlier reports, the portfolio invests in seven managed futures specialists, including Clarke Capital Management, Fall River Capital and Winton Futures Fund. (www.altinfund.com)

GLG Partners profit beats estimates From Bloomberg.com: GLG Partners Inc., the hedge-fund firm run by Noam Gottesman and Emmanuel Roman, rose the most in eight months in New York trading after reporting fourth-quarter earnings that exceeded analysts' estimates.

Profit excluding merger-related compensation costs jumped 72 percent to $127.1 million, or 38 cents a share, from $73.7 million, or 22 cents, a year earlier. That topped the 28-cent average estimate of two analysts surveyed by Bloomberg, sending GLG's stock up as much as 11 percent, the most since June. Full article: Source

Clarium surges on recent bets against leveraged companies From Morningstar.com: Clarium LP, a $4 billion hedge fund run by PayPal co-founder Peter Thiel, surged 24.4% in January as bets against leveraged U.S. companies and the dollar paid off, according to an update that the firm sent to invest......................

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