FINalternatives - One Laguna Beach, Calif. rookie hedge fund is actually doing what its more established peers are having a hard time with this year: Making positive returns. Channel Islands Capital & Co.’s long/short equity fund, Orissa Partners, debuted in July and is up 4.5% through October.
Read Complete Article
News Tags:22 years, banque syz, burst, caxton, […]

Reuters - Hedge funds using technical indicators are likely to fare better in the next two years than those purely basing their strategy on economic fundamentals, a survey of around 200 investors showed on Wednesday.
The survey of asset managers, institutions, and high net worth investors at the Global Alternative Investment Management (GAIM) Fund of […]

West Palm Beach (HedgeCo.net) - Hedge funds measured by both the Greenwich Global Hedge Fund Index ("GGHFI") and the Greenwich Composite Investable Index ("GI2") significantly outperformed equity indices despite posting their greatest losses since August 1998 during September.
"It was a perfect storm for both credit/equity markets and hedge funds in September," said Thomas Whelan, […]

New York Post - Despite headlines about hedge funds that got decimated after making complicated bets on mortgages or energy, the most basic investment strategy of picking which stocks will rise and which will fall - known as long-short equity strategy - is turning out to be one that’s giving hedge-fund managers fits.
[…]

New York (HedgeCo.Net) - Baer Capital has announced the launch of their new fund that invests in Indian equities, distressed debt and derivatives, further propelling Dubai’s prominence in the hedge fund industry.  The Beacon India Alpha Equity Fund is the latest fund aimed at capitalizing on India’s emerging markets.
‘We are extremely excited about the launch […]

New York, July 8, 2008 — The Absolute Return New Funds Survey, published in the July/August issue of Absolute Return magazine, shows that new hedge fund launches this year in the Americas totaled $19.5 billion, with the top five funds amassing $13.7 billion, for more than 70% of the total. The number of fund launches […]

FINalternatives- Bedrock Alternative Asset Management in May launched its Global Diversified Fund, a fund of funds covering private equity, hedge funds, real estate and commodities, combined with traditional stock and bond investments.
The fund will invest in a 15 to 25 underlying hedge fund managers, with exposure to event-driven, long/short equity, managed futures, global macro distressed, […]

West Palm Beach (HedgeCo.net)- Investcorp’s hedge fund co-managers said they have raised over $2 billion for their Single Manager Platform. Debuted in 2005, the platform supports emerging talent in the hedge fund industry.
Deepak Gurnani, managing director and co-head of hedge funds said, "Reaching the $2 billion milestone is a testament to the quality of […]

New York (HedgeCo.Net) - New York hedge fund Manhasset Capital will start the liquidation process later this month after the decision was made by the fund’s seeder to pull out their $100 million initial investment.   
A spokesperson for Fairfield stated, ““As part of a normal rebalancing of capital, FGG has indeed decided to close its […]

 Money Management- Despite tightening credit conditions, hedge funds are continuing to gain favour, with the latest Credit Suisse/Tremont Hedge Fund Index up 2 per cent in May.
The president of Credit Suisse Index Company, Oliver Schupp, said the index had been up in circumstances where hedge funds had continued to generate positive performance across strategies.
“We estimate […]

West Palm Beach (Hedgeco.net)- The Greenwich Global Hedge Fund Index(GGHFI)reported May returns of +2.01% while the Greenwich Composite Investable Index returned +1.66%. The May Index currently includes 1345 constituent funds.
By comparison, the S&P 500 showed gains of +1.29%, while MSCI World Equity and FTSE 100 indices posted returns of +1.11% and -0.56%.
"Across the […]

Asian Investor - The Shaka Japan fund has been launched in New York by hedge fund manager Shaka Capital Management. It is a new start-up, launched in January of this year with partners’ capital, and has an estimated capacity of $1 billion.
Arif Imam is Shaka’s business manager and is a former managing director at Morgan […]