Tag Archives: flagship
Winton to Start Japan Fund, Hire H.K. Staff in Asian Expansion
Winton Capital Management Ltd., the U.K. hedge fund with $12 billion in assets, will start a new fund in Japan and hire staff in Hong Kong as it expands when rivals such as Citadel Investment Group LLC retreat from Asia. […]
Penjing’s Wu to Expand Seeding of New Hedge Funds
Bloomberg – Ronnie Wu, chief investment officer of the $400 million hedge fund of funds house Penjing Asset Management Ltd., will start a pool of money dedicated to providing early investments to new hedge funds next month. It aims to […]
Brevan Howard Said to Spin Off Teams to Manage Two New Funds
Bloomberg – Brevan Howard Asset Management LLP, Europe’s largest hedge-fund manager, spun off groups of credit and currency traders to manage two new funds, people familiar with the situation said. Luke Ding, who trades foreign exchange for the flagship Brevan […]
Gendell’s Tontine Partners Raises Money For New Hedge Fund
Nasdaq.com – Jeffrey Gendell of Tontine Partners LP, who is closing two of his hedge funds after steep losses, has raised money for his new Tontine Total Return Fund, according to regulatory filings. The Tontine Total Return fund, which Gendell […]
Steel Partners forges ahead with fund conversion
Reuters – Warren Lichtenstein’s Steel Partners LLC is forging ahead with a controversial plan to convert its flagship hedge fund, Steel Partners II, into a publicly traded holding company in the face of opposition from shareholders calling for liquidation. The […]
Steel Partners forges ahead with fund conversion
Reuters – Warren Lichtenstein’s Steel Partners LLC is forging ahead with a controversial plan to convert its flagship hedge fund, Steel Partners II, into a publicly traded holding company in the face of opposition from shareholders calling for liquidation. The […]
Man eyes switch to independent valuation
Reuters – Man Group, the world’s largest listed hedge fund firm, is likely to extend the independent valuation of its flagship AHL strategy to calm investors spooked by Madoff, sources familiar with the matter said. AHL, a $25 billion (16 […]
DragonBack Reopens Fund to Investors as Redemptions Cut Assets
Bloomberg – DragonBack Capital Ltd., a Hong Kong-based manager co-founded by a former Lehman Brothers Holdings Inc. executive, reopened its flagship hedge fund to investors after redemptions cut assets in the fund. Assets in the Asia-Pacific Equity Multistrategy Fund fell […]
DragonBack Reopens Fund to Investors as Redemptions Cut Assets
Bloomberg – DragonBack Capital Ltd., a Hong Kong-based manager co-founded by a former Lehman Brothers Holdings Inc. executive, reopened its flagship hedge fund to investors after redemptions cut assets in the fund. Assets in the Asia-Pacific Equity Multistrategy Fund fell […]
US hedge fund Harbinger swings to gains
Reuters – Hedge fund firm Harbinger Capital Partners LLC swung into the black with investors saying the flagship fund gained between 6 and 8 percent in the first quarter. That is good news for the New York-based firm, run by […]
Falcone Starts Fund as Harbinger Client Money Remains Locked Up
Bloomberg – Philip Falcone, who runs the $7 billion Harbinger Capital Partners LLC, is starting a hedge fund that draws on his background in distressed securities, even as investors are locked into his biggest fund. The Credit Distressed Blue Line […]
