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In the week ending 02 September, 2016, Preqin said that the hedge fund industry saw $34bn in asset withdrawals in the first half of 2016, as total AuM reached $3.11tln. However, separate data from eVestment showed that that investors siphoned off some $25.2bn in July ($55.9bn in H1), a scale comparable to 2009 global financial crisis; Preqin added that CTAs posted the highest net inflows in H1 with $16.6bn. Gemini Alternative said that assets on its Galaxy Plus Fund surpassed $500m; Kayne Anderson Capital has closed its newest energy-focused private equity fund, the Kayne Private Energy Income Fund on $1.55bn. Leda Braga’s Systematica Investments has increased its external assets by almost $2.5bn; and Visium Global Fund said it would return 95% of its assets to investors.

Takashi Makita is gearing up to launch his own computer-driven hedge fund firm, Niten Capital Management; Maj Invest is looking to boost acquisitions in the micro finance in the Andean region with $100m fund; James Spenceley is planning to launch a new fund that is focused in small-cap sector; OPIM, in association with OPFG, has announced its plans to invest up to $250m in emerging managers on its hedge fund platform; Mark Schulze and Jason Vogt are preparing to launch their own commodity-focused hedge fund; and Vista CTA launched the Vista CTA Freight Program on 1st August, a systematic statistical arbitrage trading program.

TPG-Axon Capital......................

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