Laurium Capital (Pty) Ltd (Laurium), one of South Africa’s leading hedge fund and long only fund managers has launched its first Irish-domiciled UCITS fund, the Laurium Africa USD Bond Fund, on the Prescient Global Funds ICAV platform.
Launches & Fundraising
US investment manager Wealthspring Capital has launched its debut hedge fund strategy, Fountain Opportunities, which aims to capitalise on the ongoing boom in special purpose acquisition companies (SPACs).
Tyr Capital Partners, the team behind crypto arbitrage hedge fund, Tyr Capital Arbitrage SP, is setting up an actively managed long-only fund to launch next year, following increasing demand from investors.
Fifty per cent of investors believe that government bonds have currently lost their function as a counterbalance to stocks and as a safe haven, according to a survey by investment company Tungsten Capital.
New hedge fund launches hit highest level in three years, as managers seize on growing opportunities
The number of new hedge funds being launched has reached its highest level in three years, as managers look to capitalise on the nascent economic recovery, idiosyncratic and volatility-based opportunities, and a shifting macro environment.
Umbria, a DeFi protocol that uses layer two technology developed by Polygon, has launched Umbria Farm.
Sun Hung Kai & Co has committed capital to the ActusRayPartners European Alpha Fund which launched on 18 March 2021.
Jeremy Touboul, a former fund manager at H2O Asset Management, and Raphaël Remond, former CEO of State Street France, have launched LIOR Global Partners, a new sustainability-focused discretionary global macro hedge fund firm.
South East Asia’s first insured bitcoin fund, BCMG Genesis Bitcoin Fund-I (BGBF-I), has officially launched to address the growing global interest from institutional and corporate investors.
SA hedge fund manager Peregrine Capital partners with Prescient Fund Services for first global equity UCITS fund
Peregrine Capital (Pty) Ltd (Peregrine Capital) is to start marketing its Peregrine Capital Global Equity Fund, which launched on 18 November 2020.