ARK36 has launched as an actively managed investment fund, focused on the cryptocurrency markets, delivering a risk-adjusted exposure to crypto-assets for professional investors.
Launches & Fundraising
Janus Henderson Investors has launched an Asset-Backed Securities (ABS) Fund for institutional investors.
Pictet Asset Management, the investment management arm of Geneva-headquartered wealth management giant Pictet Group, is tapping into the surge in global stock market mispricings with a new hedge fund strategy that takes a higher risk, higher return approach.
Investcorp-Tages has launched a new systematic short-term UCITS fund with Eckhardt Trading Company (ETC) with USD115 million in AUM, seeded by Quilter Investors.
Hedge fund launches at “historically low” levels despite Q2 recovery, but liquidations ease following Covid crash
The rate of new hedge fund launches grew between April and June following the coronavirus-fuelled first quarter slump, as hedge fund performance recovered – but the number of new roll-outs over the past 12 months remains “historically low”, Hedge Fund Research says.
Licensed fund manager, The Panxora Group, is now accepting subscriptions for the launch of a quantitative hedge fund designed to generate profits from the rapidly growing decentralised finance or (DeFi) token market. The fund will start trading on Monday, 2 November, 2020.
Tellworth Investments has launched the The Tellworth British Recovery & Growth Trust, which commenced its initial public offering on 16 September 2020.
Hickory Lane Capital Management, a New York-based fundamental equities-focused investment manager, is tapping into opportunities across the TMT, industrials and consumer sectors with a new long/short equity strategy, which has launched with USD100 million in assets anchored by asset management seeder Investcorp-Tages.
ThirdYear Capital, a Munich-based quantitative macro specialist, has paired up with Cologne-based fund initiator Agathon Capital to unveil a new systematic global macro hedge fund strategy which targets opportunities stemming from short-term economic data trends.
Hedge fund specialist Theta Capital Management has launched a new multi-manager fund vehicle for investors to access distressed credit market opportunities. Theta Capital has been waiting for the right time to capitalise on distressed markets and with Covid-19 causing such dislocation in the global economy, the firm feels now is the right time to invest with a select number of distressed managers.