Mariner Investment Group, an alternative asset manager, has launched the Mariner Incubation Fund, a multi-strategy fund to be managed by investment talent from across the hedge fund industry. Eric Pellicciaro, former head of global rates investments at BlackRock,
British Virgin Islands-based investment manager Bluenose Capital Management is on schedule to launch its managed foreign exchange programme, Bluenose FX, on 1 November. The systematic forex programme is aimed at US qualified eligible persons as defined within CFTC rule 4.7
The Blackstone Group’s economic net income was USD339.3m for the third quarter of 2010, an increase of USD63.9m from USD275.3m, or 23 per cent, for the third quarter of 2009. Economic net income was USD904.9m for the nine months ended
The Lyxor Hedge Fund Index was up 0.62 per cent in March, bringing year-to-date performance to 2.36 per cent. A total of 10 Lyxor Strategy Indices out of 14 ended the month in positive territory, led by the Lyxor
Hennessee Group, a consultant and adviser to direct investors in hedge funds, believes the spike in correlation between individual stocks has made alpha generation a challenge in 2010, particularly for fundamentally based long/short equity hedge funds. Charles Gradante, co-founder of
Hedge funds, as measured by the Dow Jones Credit Suisse Hedge Fund Index, are up 5.98 per cent year-to-date as of 30 September. The positive performance has catapulted the industry past its previous high water mark, with the index officially
San Francisco 49ers chief executive Jed York, players, coaches, alumni and cheerleaders will attend the 12th Annual San Francisco “Open Your Heart to the Children” benefit organised by Hedge Funds Care and the San Francisco 49ers Foundation. The annual
Herald Fund Services, working in conjunction with the Jersey law firm Crill Canavan, has launched the Comprehensive Investment ICC. The new product enables advantage to be taken of Jersey’s regulatory system whilst reducing the set-up costs to a level more
Threadneedle has launched the Threadneedle Apex European Fund, an Ireland-domiciled equity long/short hedge fund. The fund has been launched to provide greater flexibility for investors wanting to access Threadneedle’s track record in a European-domiciled fund. It will be managed
Companies worldwide are adapting their investor relations strategies to enhance their outreach to hedge funds and sovereign wealth funds, according to an annual survey conducted by BNY Mellon. The study also reports that 22 per cent of respondents are contemplating
