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There were several fund launches last week including Nylon Capital (global macro fund), Clopton Capital (real estate), and Franklin Templeton Investments (global multi-asset). We also learned that Simon Hopkins is launching Singapore-based Milltrust International Group (emerging markets/Asia, Africa, Latin America), and that Lee Robinson launched the Atlana Sovereign Diversity Fund (event-driven focusing on devaluation and the collapse of western economies).
Newly launched long/short equity fund (healthcare-focused) YYC Capital also announced that it had received an anchor investment through the Topwater Capital Partners platform that is backed by Seattle-based Freestone Capital.
According to regulatory filings, Alpha Tran Capital will be closing.
GlobeOp reported a new assets under administration high of $170bn, an increase of 42% in past 12 months. Man Investments retained its position at the top of the 50 of the biggest European hedge fund assets with $34.1bn. Pengana Capital’s Asian event-driven hedge fund is expecting a $30m inflow, which will more than quadruple its assets to $40m. And, India-focused hedge fund Steadview has seen assets triple to $100m after delivering 92% returns in its first year.
Agecroft Partners LLC Managing Partner Don Steinbrugge says that hedge funds are at an...................... To view our full article Click here
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