Category Archives: Closing Hedge Funds
RockPort closes $450m cleantech fund
Altassets – Cleantech-focused venture capital firm RockPort Capital Partners has closed its third fund, RockPort Capital Partners III, on over $450m, the hard cap of the fund. It had an initial target of $400m and held a first closing just […]
Drake to shut down two remaining hedge funds
New York (HedgeCo.Net) – Drake Management will shut down its two remaining hedge funds one month after winding down the $2.5 billion Global Opportunities Fund. The $1.4 billion Absolute Return Fund and the $160 million Low Volatility Fund will follow […]
CFS hedge funds terminated
Money Management- Ratings house Standard and Poor’s has withdrawn its ratings from six of Colonial First State’s (CFS’s) fund-of-hedge-fund strategies. The ratings house announced today that the decision had been reached following an internal strategic review by CFS, which had […]
Peloton to liquidate $2bn hedge fund
The Australian- PELOTON Partners, the hedge fund founded in 2006 by Ron Beller, a former Goldman Sachs partner, has told investors it is being forced to liquidate a $US2 billion ($2.1 billion) fund of asset-backed securities.Beginning the liquidation process for […]