Mon, May 17, 2021
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers March 2015

EMERGING MANAGER BULLETIN: Assets, hires, performance, manager searches, etc.

 

Newcomers jump into activist investing

"Everyone wants to be an activist these days. Everyone wants that capital," Damien Park, head of consulting group Hedge Fund Solutions, told Dailytimes.com.ph. In the last five months, some 45 hedge funds launched their first ever activist campaigns, according to data from research firm Activist Insight, up from 26 new entrants the same period the previous year, and 15 the year before. Leda Braga's brand new fund posts 9.5% gains in January

Leda Braga, who manages the biggest hedge fund run by a woman, produced one of the highest returns in January after her main fund, the $8.4bn BlueTrend, generated 9.5%.

Braga's Systematica Investments, which manages BlueTrend, a future trading fund, and BlueMatrix, a $600m equity trading fund, started in early January, reported Swissinfo.ch.

The 48-year-old Brazilian manager started Systematica after she parted ways with Michael Platt's BlueCrest Capital Management after 14 years. Today, Braga is considered the most powerful woman in hedge funds worldwide.

K. Manalo Chessica funds reopen under the Mosaic banner Alex Rabinovich

In early 2014, Alex Rabinovich, Managing Director of Chessica Asset Management, announced that the firm he co-founded with Victor Plotkin in 2009, had been acquired by Mosaic Investment Partners. Mosaic is a Washington, D......................

To view our full article please login

This article was published in Opalesque's New Managers a top-down monthly analysis, news and research publication on the global emerging manager space.
New Managers
New Managers
New Managers

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. U.S.: Hedge funds facing Biden tax threat grab toehold in Puerto Rico[more]

    From Bloomberg: With Democrats pushing for higher taxes on the richest Americans to fund President Joe Biden's infrastructure and climate initiatives, hedge fund managers are taking refuge in Puerto Rico. ExodusPoint Capital Management and Millennium Management have established subsidiaries on t

  2. SPACs: SoftBank-backed Better to go public in $7.7bn SPAC deal, Turmoil in the SPAC market, SPACs that raise a lot of money will struggle to find startups, Biotech firm Ginkgo to merge with Harry Sloan-led SPAC in $17.5 billion deal[more]

    SoftBank-backed Better to go public in $7.7bn SPAC deal From PE Insights: SoftBank Group Corp-backed Better HoldCo said on Tuesday it will go public through a merger with a blank-check firm sponsored by investment firm Novator Capital, valuing the mortgage startup at $7.7bn. As p

  3. Hedge fund Tiger Global beats out Silicon Valley VCs, invests in 110 startups so far[more]

    From Business Insider: Tiger Global, a $65 billion hedge fund, is squeezing out venture capital firms to invest in startups. The company has taken part in 110 startup financings so far in 2021, according to PitchBook. Venture capitalists say its speed and sky-high valuations lead to its success

  4. SPACs: Why the 'SPAC Mafia' hedge funds aren't worried about SEC regulation, Bill Ackman's cagey SPAC update sends shares soaring as investors dream up a mega-deal, Arqit raising $400m with a SPAC to launch quantum encryption satellites in 2023[more]

    Why the 'SPAC Mafia' hedge funds aren't worried about SEC regulation From Business Insider: After a yearlong bout of SPAC mania, the red-hot market for blank-check companies is cooling down as regulators direct their attention to it. March was a record-breaking month for special-purpose

  5. Private strategies pay off for Tiger Global, other hedge fund titans[more]

    From Institutional Investor: Hedge funds' strategies to invest in private markets have been driving returns at a number of firms this year. Third Point, Greenlight, Tiger Global, and Maverick received big boosts in the first quarter from their private investing strategies. That shouldn't be a