Thu, Feb 25, 2021
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Gondor Capital’s two hedge funds post double-digit gains in 2015

Tuesday, January 26, 2016

Komfie Manalo, Opalesque Asia:

New York-based hedge fund firm Gondor Capital Management has reported that its two funds, the domestic Gondor Partners LP was up +12.18% and the offshore fund Gondor Funds LTD was up +10.61% outclassing the HFRX Equity index which declined -2.33% as well as the S&P 500 index which fell approximately -2.6% last year.

Vincent Au, Portfolio Manager at Gondor Capital Management, said that the firm has outperformed most long-only funds, long/short funds, and more famous activist funds. Gondor’s performance is beating several of the hedge fund indexes including the HFRX, BarclayHedge, Preqin and Evestment, Au boasted.

"Despite the global market turmoil and downturn, both our funds are currently profitable and positive for January 2016," Au said. "Since Gondor was launched in 2013, the financial markets have experienced several different cycles. And despite the ever changing climate, our results have remained consistent. Though candidly, as the markets have evolved, I have adapted and refined the strategy making it better. I am always happy to be a student of the market as long as it doesn't cost me anything. And even if the lesson creates a loss, my goal is to learn from it and profit from it the next time the scenario presents itself."

For 2016, Au is keeping a close eye on several headwinds in the global economy. These include currency risks, interest rates, high-yield debt, and ear......................

To view our full article Click here

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. Investing: Tribune Publishing agrees to $430m takeover by hedge fund, Jana Partners builds new stake in Labcorp, Tiger Global's Coleman doubled down on stake in Uber, added bets in Airbnb and DoorDash, Baupost Group takes a large stake in Intel[more]

    Tribune Publishing agrees to $430m takeover by hedge fund From Boston Globe: Tribune Publishing Co., the owner of the Chicago Tribune and New York Daily News, agreed to be acquired by Alden Global Capital LLC for about $430 million, putting a hedge fund known for firing journalists at

  2. PE/VC: Private capital funds to spend billions on tech & outsourcing, Why family offices are drawn toward venture capital, Megafunds continue to reign in VC[more]

    Private capital funds to spend billions on tech & outsourcing From Funds Europe: Private capital fund managers will spend several billion dollars so they can provide daily performance reporting and meet other transparency demands in the next five years, research suggests. Transparency

  3. PE/VC: VC fund investors not raising alarms over SPAC trend, Asian private equity investors focus on business transformation[more]

    VC fund investors not raising alarms over SPAC trend From Axios: Venture capital firms, formed to invest in startups, are increasingly becoming sponsors of SPACs, blank-check companies that bring later-stage businesses into the public markets. It's significant strategy creep, but so fa

  4. PE/VC: Private equity may face return of attention-getting SEC fines under Gensler, VC firms are launching SPACs, Blackstone's Perry says private equity must do more on diversity[more]

    Private equity may face return of attention-getting SEC fines under Gensler From WSJ: The largest U.S. financial regulator has turned its focus away from private equity in recent years, but new agency leadership could mean tougher enforcement and heavier fines for buyout firms, attorneys

  5. Opalesque Exclusive: London manager to launch absolute return options fund[more]

    B. G., Opalesque Geneva for New Managers: Carmika Partners LLP is a discretionary investment manager that specializes in quantitative volatility trading. Th