Fund data management platform Kneip has named Hugues Delcourt as Chairman of the Board whilst founder and previous Chairman, Bob Kneip, moves into the role of Vice-Chairman.
Rational Funds has launched the Rational/Pier 88 Convertible Securities Fund (PBXIX), a converted hedge fund, which employs the same management team and investment strategy as its predecessor.
The upcoming US elections and the possibility of a rate shift in the UK and Europe could present hedge funds with alpha hunting opportunities, writes Hedgeweek Editor-in-Chief, James Williams…
After a one-month reprieve, the hedge fund industry returned to net outflows in November with USD4.7 billion in redemptions, a reversal from October’s USD1.9 billion in industry inflows.
Picton Mahoney Asset Management (Picton Mahoney), has completed its previously announced acquisition of the investment fund management contracts of four hedge funds and alternative mutual funds from Vertex One Asset Management Inc.
As the digital currency market matures, a new crypto hedge fund, Circle Fund, has emerged — the first to be compliant in Asia.
Lazard Asset Management Limited (LAML) has launched the Lazard Global Thematic Focus Fund, a UCITS-compliant Fund seeks to achieve long-term capital growth by investing primarily in an actively managed, diversified portfolio of 35 to 50 established companies located around the world.
Fulcrum Asset Management (Fulcrum) has launched the Fulcrum Risk Premia Fund (UCITS) with USD70 million of initial capital with a further USD1.1 billion in the strategy across a Cayman fund and separately managed accounts.
By Jim Neumann, Sussex Partners – As the New Year is now almost upon us, it is normal to take pause and consider what is to become of hedge fund allocations in 2020. The rewards of 2019 again seem to pale in comparison to the robust global equity markets roaring at 20 per cent including a robust November (December?).
Värde Partners, a global alternative investment firm, has raised its 13th flagship vehicle, Värde Fund XIII, with USD2.47 billion in commitments.