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Seeking Alpha – HedgeTracker.com recently released its list of Top Solar-Focused Hedge Funds. The funds selected for the list had the greatest percentage of their US equity assets under management invested in US-listed Solar Stocks. As of 12/31/08, the top funds had between 7.9% and 21% of their assets invested in the solar sector. The hedge fund with the highest exposure to the solar sector was Ionic Capital Management, which held over 21% of its $207 mm assets in US Solar companies.

The firm’s positions were widely spread across 6 solar companies, Suntech Power Holdings $18.3mm, LDK Solar Co. $10.7mm, Energy Conversion Devices $5.4mm, Trina Solar, $3.2mm, Solarfun Power Holdings $3.2mm, JA Solar Holdings  ($2.4mm}. Notably, the hedge fund manager, which has a Deep Value investment style, had no exposure to First Solar, which was overwhelmingly the favorite among the other 4 managers on the list.

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Tags: 2mm, 3mm, 7mm, assets-under-management, capital-management, energy conversion devices, equity assets, hedge-fund-manager, ionic capital, ja solar holdings, ldk solar, seeking alpha, solar co, solar companies, stocks, value investment style

West Palm Beach (HedgeCo.net) – Goldman Sachs Asset Management announced today that it has raised its fifth dedicated private equity secondaries fund, GS Vintage Fund V, with approximately $5.5 billion in capital commitments.

GS Vintage Fund V will focus primarily on acquiring portfolios of private equity assets, including limited partnership interests in private equity funds, as well as providing unique liquidity and capital solutions to both limited partners and general partners around the world.

The GS Vintage Funds evaluate opportunities ranging from $1 million to over $1 billion in size, across all private equity strategies and geographies. As one of the largest investors in the secondary market for private equity, the GS Vintage Funds draw on Goldman Sachs’ global sourcing network, due diligence capabilities, risk management expertise, and extensive private equity relationships.

GS Vintage Fund V is the latest fund raised by the Alternative Investments & Manager Selection (AIMS) Group of Goldman Sachs Asset Management. With more than 200 professionals worldwide, the AIMS Group provides investors diversified and customized portfolio solutions, across traditional long-only managers, hedge funds, and private equity funds around the world. To date, the private equity strategies of the AIMS Group represent more than $32 billion of capital commitments across private equity fund-of-funds, secondary market funds and co-investment vehicles.

Goldman Sachs Asset Management is the asset management arm of The Goldman Sachs Group, Inc. (NYSE: GS), which manages $779 billion as of November 28, 2008. Goldman Sachs Asset Management has been providing discretionary investment advisory services since 1989 and has investment professionals in all major financial centers around the world. The company offers investment strategies across a broad range of asset classes to institutional and individual clients globally. Founded in 1869, Goldman Sachs is a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals.

Editing by Alex Akesson

Tags: alternative investments, capital commitments, customized portfolio, equity assets, equity strategies, global financial services, global sourcing network, goldman sachs asset management, goldman-sachs, goldman-sachs-group, goldman-sachs-group-inc, investment advisory services, partnership interests, private equity fund, private equity fund of funds, private-equity-funds, risk management expertise, sachs group inc, vintage funds