Rokos reaches $3.5bn, closes fund to new investors

Chris Rokos, the Brevan Howard Asset Management co-founder who started his own investment firm last year, will be managing $3.5bn by the end of this month in one of the largest hedge-fund startups, according to Bloomberg. The 45-year-old money manager, who has hired about 60 people for the fund, will stop accepting new money at the start of February for at least a year. Rokos Capital Management opened in September and was overseeing about $1bn within a month, with half coming from Rokos's own funds and the remainder from Blackstone Group.

Fondor Capital's two hedge funds post double-digit gains in 2015

New York-based hedge fund firm Gondor Capital Managementhas 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. Gondor was launched in 2013, (full article from K. Manalo here).

Santander invests in accelerator fund

Santander's £9.5bn (€12.9bn) UK pension fund is to grow its exposure to emerging alternatives managers, acting as the cornerstone investor in a new fund launched by Strategic Capital Investors (SCI), reported IPE.com. The bank's scheme has committed $125m (€114m) to SCI's Strategic Capital Fund, which invests accelerator capital into emerging hedge funds. The SCI fund has already completed its first placement, a three-year, $75m investment into a fund managed by London-based hedge fund manager John Street Capital.

......................

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.