Category Archives: Hedge Fund Launches
UCITS III Compliant Fund of Hedge Funds Launched By HSBC
New York (HedgeCo.net) – HSBC has launched a Sterling Class of its HSBC UCITS AdvantEdge fund of hedge funds. The Fund will comply with the new ‘reporting’ tax regime for offshore funds, allowing UK investors to be taxed at capital […]
Truebeta Launches Hedge Fund Replication Model
New York (HedgeCo.net) – Independent, factor-based hedge fund replication service, TrueBeta, is launching a dynamic leverage model for hedge fund replication. The company says the application will improve it’s correlation to broad hedge fund performance. “TrueBeta is setting a benchmark […]
Hedge Fund Greatwater Shows Strong Gains In First Year
New York (HedgeCo.net) – Greatwater Investment Management, Inc. (GWIM) last year launched The Greatwater Fund, LP., whose unique strategy and philosophy focuses on risk adjusted returns in the emerging markets. In its first year, The Greatwater Fund gained 69.6%. Domiciled […]
The Half Moon REO Hedge Fund Launch
New York (HedgeCo.net) – New York-based real estate hedge fund The Half Moon group has launched The Half Moon REO Fund, LP. The new fund focuses on financing a strategic network of joint venture partners who are experts in the […]
BNY Launches Independant Hedge Fund Validation Service
New York (HedgeCo.net) – Hedge fund administrator BNY Mellon Alternative Investment Services has launched a service that independently validates a hedge fund’s position records to third-parties – prime brokers, custodians, trustees and agent banks – and independently verifies the pricing […]
Update 3: State Street Buys $170 Billion UK Fund Admin. Company
New York (HedgeCo.net) – State Street Corporation is expanding its global servicing capabilities with an agreement to acquire alternative fund administration company Mourant International Finance Administration in a cash transaction. The UK company is headquartered in Jersey in the Channel […]
Jun Mihara Announces Launch of Asian Distressed Debt Hedge Fund
West Palm Beach (HedgeCo.net) Former Merrill Lynch banker Jun Mihara, 45, has announced plans to launch a fund to invest in Asian distressed debt. Mihara was hired by Zais Group LLC of Red Bank, NJ last month to serve as its […]
Bluenose Launches Capital Market Neutral Hedge Fund
West Palm Beach (HedgeCo.net) – Hedge fund manager, Bluenose Capital Management Ltd. is launching the Bluenose Capital Market Neutral Fund, aimed at accredited and professional investors. Going live on October 1st, 2009, the new fund will employ a proprietary factor-based […]