Thu, Nov 21, 2019
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Opalesque Roundup: The new economics of start-up hedge funds: hedge fund news, week 13

Sunday, April 07, 2019

In the week ending April 5th 2019, the 'Seward & Kissel 2018 New Hedge Fund Study' found that minimum investment amounts required by newly launched funds have skyrocketed as new managers are seeking out more start-up capital to counteract their rising bills. The number of seed deals rose by 20% in 2018, underlining the new fund managers' desire to get substantial - and patient - dollars in the door, with typical seed lock-ups in the two- to three-year range. The higher end of seed deals remained in the $100-$200m range. The increase in minimum investment levels was recorded across equity and non-equity strategies, but most dramatic was the rise among hedge funds investing outside of equities.

In new launches, Canada's alternative asset manager Ninepoint Partners has launched Ninepoint Trade Finance Fund; The New York-based Merida Capital Partners revealed it had raised $200m for its third fund as it looks to continue investing in the cannabis industry; Joe DaGrosa and David Neithardt launch DaGrosa Capital Partners, and DFW Capital Partners, a Teaneck, New Jersey-based alternative asset firm, closed its fifth fund, at $360m.

Further in new launches, American Industrial Partners closed the largest fund in the firm's nearly 30-year history, amassing $3 billion to back new investments in midmarket North American companies; Mirova, an affiliate of Natixis Investment Managers, has launched thematic equity f......................

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. HarbourVest raises $3bn for Co-Investment Fund V[more]

    Laxman Pai, Opalesque Asia: Boston-based HarbourVest Partners closed its latest private equity fund above the fundraising target - the $3 billion HarbourVest Partners Co-Investment Fund V was oversubscribed and above its $2.5 billion target. The fund's strategy is to create a global, diversif

  2. Opinion: Cliff Asness: It's 'time to sin'[more]

    From Institutional Investor: Timing the market can be "deceptively difficult," as quantitative investor Cliff Asness has pointed out before. But now, the AQR Capital Management co-founder believes that while factor timing is "an ugly thing," it is "about time we did some" - specifically when it com

  3. Investing: Hedge fund Whitebox places big bet on gunmaker Remington, Quant funds exit Japanese bonds in worst sell-off since 2013[more]

    Hedge fund Whitebox places big bet on gunmaker Remington From Reuters: Whitebox Advisors LLC, a credit-focused hedge fund, has been quietly capitalizing on Wall Street's ambivalence toward gun manufacturers by replacing some banks as a lender to Remington Outdoor Company. Whitebox

  4. Tech: Investors race to tech start-ups despite SoftBank stumbles, Two Sigma launches risk management software[more]

    Investors race to tech start-ups despite SoftBank stumbles From FT: Investors are planning to pour billions more dollars into later stage tech start-ups, even as Japan's SoftBank reels from a succession of faltering bets. Stephen Schwarzman's Blackstone plans to raise between $3bn and $4b

  5. Regulatory: Carried interest tax rules slated for 2020, official says[more]

    From Bloomberg: The Treasury Department is planning to issue regulations restricting how hedge fund managers can claim a valuable tax break early next year, a top Treasury official said. The regulations will likely bar money managers from using S corporations to take advantage of an exemption