Asset prices rallied across equities, bonds, credit and most commodities in June. Hedge funds performed positively with the HFRX Global Hedge Fund index up 0.9 per cent for the month. The four main hedge fund strategies also posted gains, as measured by
Endowment Capital Group, a Philadelphia-based hedge fund manager catering to university endowments and foundations, has recruited Christopher Long as chief executive.
The UK hedge fund industry employs an estimated 40,000 people, according to the Alternative Investment Management Association, the trade body for the hedge fund industry.
HRJ Capital has announced the closing of HRJ Capital VC V, its fifth venture capital fund of funds, at its target of USD 273 million in commitments from investors including endowments, fou
Investment management firm GAM has launched GAM Trading II – GBP 1.25XL, a leveraged class of its Trading II fund.
The UK's trade surplus in financial services is the biggest in the world, more than two and a half times bigger than the next largest surplus recorded by the US, according to figures from TheCityUK. It is also three times
Touradji Capital Management, a commodities-focused hedge fund manager, has announced that Mark Lyons has joined the firm’s newly-established Singapore office as a shipping and oil speciali
The Credit Suisse Liquid Alternative Beta Index (CSLAB), which aims to reflect the performance of the overall hedge fund industry, finished up 0.62 per cent in June. The Long/Short Equity strategy was the strongest performer for the month and year-to-date,
The Blackstone Group says adverse global market and economic conditions led to lower revenues and a loss for the fourth quarter and full year 2008.
Caledonian Global Fund Services has opened a new operations centre in Orlando, Florida to add to its existing facilities providing hedge fund services in Chicago, the Cayman Islands and th
