Morgan Stanley Alternative Investment Partners (AIP) has obtained USD500 million in commitments for AIP Strategic Opportunities Fund I (SOF I), a closed-end fund focused on medium-term opportunities in the hedge fund space. SOF I will focus primarily on hedge fund
The Credit Suisse/Tremont Hedge Fund Index rose 0.17 per cent in January. Overall, fund managers largely escaped the downswings experienced by equity markets during January and the top performing sectors included fixed income arbitrage (2.02 per cent) and event driven
Fortress Investment Group has signed a definitive agreement to acquire Logan Circle Partners from Guggenheim Partners. Logan Circle is a fixed income asset manager with approximately USD12bn in assets under management. It manages portfolios for institutional investors in strategies that
The Dow Jones Credit Suisse Core Hedge Fund Index finished up 0.20% in July led by gains in the Managed Futures sector. Oliver Schupp, President of Credit Suisse Index Co., LLC, says: "The Dow Jones Credit Suisse Core Hedge Fund
Gemini Fund Services, a partner to independent advisers as a provider of pooled investment solutions, has launched its Star Marketing programme. The offering provides expanded mutual fund distribution services designed to help advisers raise their fund assets. "Raising assets is
Mazi Visio Offshore was South Africa Alpha Capital Management’s best performing portfolio in January 2010 with a return of 3.54 per cent. The fund has returned 21.66 per cent since inception. Also posting positive returns in January were 36One Offshore
Hedge fund strategies ended the first month of the year down 0.94 per cent as stocks pulled back amid fears about the global economy and the fiscal health of some Eurozone countries, according to the Lipper Hedge Fund Composite Index.
The 12th Annual Midwest Open Your Heart to the Children Benefit organised by Hedge Funds Care/Help For Children (HFC) raised over USD670,000. The money will be distributed to local Midwest charities that work to prevent and treat child abuse through
We are conducting a survey of the Hedgeweek readership to assess the best hedge fund performers and service providers during 2009 in a range of categories covering the entire hedge fund space. Managers and service providers are welcome to nominate
State Street Corporation has published a new Vision Report examining the re-emergence of the hedge fund industry and the new dynamic between investors, hedge funds, and hedge fund administrators that has emerged to address sweeping regulatory changes and investor demands
