Currency-focused investment manager Millennium Global Investments has launched a new systematic long/short currency hedge fund strategy to tap into burgeoning demand for non-correlated returns in what it calls a “favourable” investment environment.
Launches & Fundraising
Gordian Capital has announced the multi-country launch of GSB Equity Long Short Fund managed by Geoffrey Bennett of GSB Capital, LLC in San Francisco.
Cheyne Strategic Value Credit has successfully raised its second fund, Cheyne European Strategic Value Credit Fund II (SVC II) securing EUR 1 billion capacity less than six months after its first close, with strong support from existing investors and significant excess demand from new investors.
Insch Kintore, the currency and gold-focused CTA hedge fund run by ex-AHL director Christopher Cruden, remains up this year as the precious metal continues on its rollercoaster ride.
Geneva Capital Partners, a European high-yield credit-focused family office founded by former RBS principal strategies head Steven Behr, is opening up to outside money.
Los Angeles-based TrueRisk Capital is a newly-established fully-systematic CTA manager which trades a range of algorithm-based options and futures strategies developed by co-founder and chief quant Rito Bhattacharyya over the course of almost nine years.
Global Fund Management, the asset management arm of the GDA Group, has launched its latest venture, the Avalon Fund. The fund is being launched by 12 Peers Capital, in partnership with GDA Capital, to provide a mixed asset arbitrage vehicle offering short and long exposure into digital assets, equities, and fixed income products.
Gordian Capital has launched the Japan Catalyst Fund sub-advised by Tokyo based, Japan Catalyst, Inc, a 100 per cent subsidiary of listed Monex Group (TSE 8698).
Bitwise Asset Management, a crypto index fund manager with over USD1.0 billion in AUM, has launched the Bitwise Uniswap (UNI) Fund and the Bitwise Aave (AAVE) Fund.
Alma Capital Investment Management has teamed up with DLD Asset Management to launch a Convertible Arbitrage strategy on Alma Capital’s UCITS platform.