Monthly Archives: June 2016
Chesapeake Hedge Fund to Return Client Money After 25 Years
(Bloomberg) Chesapeake Partners Management, one of a handful of hedge funds run by a woman, will return money to investors after 25 years. The $1.4 billion firm managed by Traci Lerner will transform into one that oversees her own wealth, […]
Alaska Permanent Fund To Redeem $2B from Funds of Hedge Funds
(FinAlternatives) Alaska’s Permanent Fund will pull the $2 billion it has allocated to liquid funds of hedge funds and will instead make the investment decisions for that capital internally. Funds impacted by the decision include Crestline Investors, Mariner Investment Group […]
Hedge Fund With $9 Billion in Assets Bets on Asia Post Brexit
(Bloomberg) Sparx Group Co., the Japanese asset manager that oversees about 951.5 billion yen ($9.3 billion), sees investment opportunities in Asian companies after the U.K.’s vote to leave the European Union. Asia will be the driver of global growth amid […]
Balter Responds to the Critics of Liquid Alternatives
(Daily ALts) Balter Responds to the Critics of Liquid AlternativesThe gloves are off! Troy Gayeski, Senior Portfolio Manager of fund-of-hedge funds manager Skybridge Capital, came out swinging against liquid alts, warning investors of their risks during last month’s SALT Conference […]
Origami Capital Partners Raises $371 Million Private Equity Fund
(HedgeCo.Net)– Sixpoint Partners, a leading global investment bank serving the middle market, today announced the final closing of Origami Opportunities Fund III, L.P (“the Fund”). The Fund, which is the third investment vehicle for Origami Capital Partners (“Origami”), closed with […]
The Global Dynamic That’s Pushing Yields Lower
(Harvest) Global bond yields continue their downward trend, a phenomenon that can be attributed, we believe, to two things: easy central bank policy and Brexit-induced risk aversion. To read this article:
CAIA Warns Brexit Uncertainty Could Move European Hedge Fund Assets, Staff Out Of U.K.
(Pension & Investments) The U.K.’s position as the leading domicile for European hedge fund assets could be under threat as a result of the country’s decision to leave the European Union, warned a representative of the Chartered Alternative Investment Analyst […]
Lansdowne’s Main Fund Fell as Brexit Vote Jolted Global Markets
(Bloomberg) Lansdowne Partners, one of Europe’s largest hedge fund firms, saw its biggest fund lose money last week as the U.K.’s vote to exit the European Union roiled markets. The fund, which bets on and against stocks and was one […]
Ex-Lehman Trader Loads Up on Bad Chinese Debt
(Bloomberg) When hedge fund titans from George Soros to Kyle Bass look at China’s mountain of bad loans, they see a financial crisis waiting to happen. Denis Zhang spots an opportunity to load up on bargains. The former Lehman Brothers […]
Citadel Names Steven Lieblich Chief Technology Officer of Hedge Fund Business
(HedgeCo.Net) Citadel announced the appointment of Steven Lieblich as Chief Technology Officer of Citadel’s hedge fund business. A 30-year veteran of Morgan Stanley, Steve has served in a series of senior technology roles, most recently as Morgan Stanley’s Chief Information […]
Jabre Capital Adjusts Portfolio After ‘Remain’ Brexit Bet
(HFMWeek) Jabre Capital Partners, the Geneva-based hedge fund founded by ex-GLG trader Philippe Jabre, has been “materially adjusting” its portfolios after positioning itself for a ‘Remain’ vote ahead of the UK’s European Union referendum. To read this article:
Shorting Pound Helped One Hedge Fund Make 10.5% on Brexit
(Bloomberg) As the market reeled from a historic jolt on Friday that sent the pound to a three-decade low and reverberated across global markets, some hedge fund managers were racking up gains. The GCI Systematic Macro Fund surged 10.5 percent […]