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Alternative Market Briefing

Opalesque Roundup: March sees launch of new mega hedge fund: hedge fund news, week 12

Monday, March 16, 2015

In the week ending 13 March, 2015 it was reported that a fearless David Fear has launched Thunderbird Partners hedge fund with $1.5bn in assets. At least 73% of hedge funds launched by new U.S. managers last year had equity or equity-related strategies; Vanguard announced its plan to launch a multi-alternative mutual fund, Vanguard Alternative Strategies Fund; Collins Capital recently announced the launch of the Collins Long/Short Credit Fund; Paribas Investment Partners has announced plan to launch two new funds, including one multi-asset income product focused on Europe; UBS Global Asset has introduced a currency-hedged broad commodities ETF on the London Stock Exchange; Timoneer Energy is readying a new CTA fund to take on the new natural gas market opportunity; and Geoff Keegan has launched an emerging long/short equity hedge fund called Creciente Partners Investment Management.

A study by Preqin showed that Asia-Pacific-based hedge fund companies hire more w......................

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