Crossover hedge funds that invest in fast-growing public and private companies may have lost tens of billions of clients’ money last year, but that hasn't deterred some managers from planning to bring more of them to market in the coming months, according to a report by Financial News.
Cleavemoor, a consumer sector investment advisor, has launched Cleavemoor 10, a new open ended hybrid vehicle employing the firm's proprietary Agile Horizon Strategy, which combines a consumer sector long/short public equities portfolio with longer-term consumer private equity investments.
Oil trader Pierre Andurand's main Andurand Commodities Discretionary Enhanced hedge fund was down 19% last week as oil prices fell below $74 a barrel in New York on the back of global recession fears, according to a report by Bloomberg.
Windham Capital Management has launched the Windham Quantitative Commodity Fund which will be offered as a private fund vehicle consisting of three commodity investment strategies that have been implemented by the firm’s principals for more than a decade – commodity roll yield, commodity momentum, and commodity value.
Hedonova, a Los Angele's-headquartered hedge fund firm with offices across the globe, has recorded strong growth in returns as well as asset base in 2022, with the firm generating an annual gain of 32.8% post fees, while assets under management have increased from $160 million to $400 million.
London-based hedge fund manager Trium Capital has launched a new long-short strategy it claims will be green enough to comply with the European Union's most stringent environmental, social and governance designation, Article 9.
CTAs completed a record year in 2022 following broadly flat performance in December, according to data from Societe Generale, with the SG CTA Index down slightly at -0.15% for the month to finish with its best annual gain 20.07%.
Hildene Capital Management, a credit-focused asset manager with approximately $12 billion of assets under management, has with entered into a long-term strategic alliance with US annuity provider SILAC Insurance Company.
Digital asset investment products saw outflows totalling $9.7 million last week, highlighting continued mild negative sentiment that has persisted for the last three weeks, according to the latest Digital Asset Fund Flows Weekly report from CoinShares.
Said Haidar's Jupiter Fund recorded its best ever gain last year since launching over two decades ago with a 193% return that saw Haidar outperform peers including Crispin Odey, Chris Rokos and Neal Berger, according to a report by Bloomberg, in what proved to be a year of outperformance for many macro funds.