Certares Management (Certares), an investment specialist dedicated to the travel, tourism and hospitality sectors, and Knighthead Capital Management, (Knighthead), a credit investment management firm, have closed the CK Opportunities Fund at approximately USD1.5 billion in total commitments.
Launches & Fundraising
London-based global long/short equity hedge fund Pembroke Emerging Markets is rolling out a UCITS version of its Cayman strategy to tap into growing investor demand for uncorrelated emerging markets exposure.
Trium Capital hires ex-Millennium and Sandell manager Felix Lo to launch new M&A hedge fund strategy
Felix Lo, a merger arbitrage specialist who managed money at Sandell Asset Management and Izzy Englander’s Millennium Management, has joined Trium Capital to run a new USD200 million global event driven fund targeting the ongoing resurgence in corporate M&A activity.
The Strategic Funds, a diversified asset management holding company that engages in alternative investment strategies and proprietary investments in private equity, has expanded its footprint into the crypto market with the launch of a new Fund.
Argentium Digital Asset Management, a London-based cryptocurrency hedge fund founded by ex-JP Morgan and Credit Suisse manager Paul Frost-Smith, has unveiled a new Cayman-based fund which will formally launch next month.
By A Paris — Following a year which has been positive for hedge funds in terms of performance, startup and emerging managers face an uphill battle as they continue focusing on generating return while strengthening their communication with clients and prospects.
SECOR Asset Management, an independent global investment advisory and risk management firm, has launched the SECOR Hedged Equity Fund with approximately GBP110 million assets under management (AUM) from UK-based pension schemes.
Event driven credit hedge fund DSC Meridian unveils landmark ESG strategy with Investcorp-Tages seeding
A new ESG-focused distressed and event driven credit hedge fund run by US manager DSC Meridian has launched with backing from Investcorp-Tages, the asset management seeder.
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.
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).