In the week ending January 31st 2025, Citco revealed that hedge funds delivered their highest annual return since the start of the decade in 2024. Hedge funds administered by Citco achieved a weighted average return of 15.7%, the highest since 2020's 18.3% weighted average return. Equities were once again the top performing strategy group, with a weighted average return of 20.2%, just ahead of Global Macro funds at 19.5%. Meanwhile, total global hedge fund capital ended the year at an estimated $4.51 trillion, an increase of $53.5 billion over the prior quarter and $401.4 billion for the full year, as reported in the latest HFR Global Hedge Fund Industry Report, released by HFR. In new launches, Fortress Investment Group and Lighthouse Investment Partners agreed to merge their global multistrategy hedge funds and tap each other's talent to capitalize on the explosive growth of such money pools; American investment firm Francisco Partners closed its latest private-credit fund with $3.3 billion in investor commitments, exceeding its $2.3 billion target despite a difficult fundraising market, and Toronto-headquartered Fengate Asset Management has reached a $1.1 billion final close on its fourth flagship infrastructure fund, exceeding its target. Meawhile, Manulife Investment Management has closed its latest forest climate fund on $480 million- M...................... To view our full article Click here |
Alternative Market Briefing Weekly
Saturday, February 01, 2025
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