Funds
LHG Capital Management (LHG), a hedge fund firm focused on global macro investment strategies, received over US$600 million in net inflows in 2022, pushing the firm’s total assets under management to over $750 million in August 2022.
LHG is now one of the largest hedge funds dedicated exclusively to global macro investing in the Asia-Pacific region.
The hedge fund firm’s flagship global macro fund, the LHG Premium Investments Fund, reported a six-month return of 15% between October 2021 and April 2022, with a maximum peak-to-trough drawdown of -2.17%.
Following an extensive consultation with its flagship fund investors, LHG’s management team
GoldenTree Loan Management II (GLM II) and its affiliated investment manager GoldenTree Asset Management LP, has closed a $390 million collateralised loan obligation GoldenTree Loan Management US CLO 15 (GLM US CLO 15) to be managed by GLM II.
With the closing of this CLO, GoldenTree has issued 20 CLOs totalling over $11.5 billion under its GLM CLO strategy. Since its inception in January 2017, the GLM strategy was intended to be compliant with applicable Risk Retention regulations. While a US Court of Appeals ruling on 9 February, 2018 led to the repeal of US risk retention rules for open
Third Point, the hedge fund run by Daniel Loeb, has disclosed a $1 billion stake in Disney and is pushing for a spin-off of the entertainment giant’s sports network ESPN, according to a report by Reuters.
Third Point also wants Disney to embark on a raft of other initiatives including implementing a share buy-back programme and appointing additional board members.
Shares in Disney jumped by as much as 2% when news of Third Point’s stake – which equates to about 0.4% of the business – emerged on Monday.
Loeb had previously exited a position in Disney during the market sell-off
Hedge funds led a charge by professional investors to unwind bearish wagers and snap up stocks this week, as the S&P 500 saw a 2% gain on Wednesday, according to a report by Bloomberg.
Proteus has been selected to complement Andersen Capital Managements SMA platform with a technology-enabled, private fund platform supporting the launch of Andersen’s new Weather Mark Long/Short investment strategy.
alternative investment strategy. Andersen will take advantage of Proteus’ best-in-class technology, operational rigor, and related infrastructure to seamlessly offer their investment strategies to Accredited and Qualified clientele.
Proteus is structuring a bespoke master-feeder solution that will allow Andersen to aggregate accredited and qualified clients for the new fund, which employs the same stock picking process that Andersen has used since 2010. The strategy is now generalised to permit shorting stocks that have
Brevan Howard Asset Management’s BH Digital division has raised over $1 billion in assets for investment in cryptocurrencies and digital assets, according to a report by The Times Hub.
The report cites unnamed sources as saying that the Brevan Howard Digital Asset Multi-Strategy Fund’s performance has been “incredible” since launching at the beginning of the year. The fund, which is down between 4-5%, uses algorithmic trading and relative value trades with 10% of assets allocated to venture investments and the remaining 90% to cryptocurrencies.
BH Digital is planning a $1.5 billion AUM target for the which Brevan Howard Digital Asset
Tiger Global’s flagship fund has ended Q2 with a 50% loss after fees on the back of the recent crash in tech stock prices, according to a report by The Financial Times.
Henri Arslanian, the head of PwC’s cryptocurrency business, has left the firm to set up a new digital assets hedge fund for institutional investors in Dubai, according to a report by The Financial Times.
Arslanian chose the Emirate as the location for his new “institutional grade asset management firm” firm Nine Blocks Capital, Management because of its ‘crypto openness’ compared with other jurisdictions including Singapore and Hong Kong where scrutiny of the digital assets sector is on the increase in the wake of recent problems including the high-profile collapse of Three Arrows Capital.
The firm has been granted provision regulatory
Haven Cove Capital Management (Haven Cove) has added its flagship fund on FundFront, an alternative investment platform that simplifies access to hedge fund strategies for financial advisors and their investors.
Caravel Capital Investments Inc has launched a new feeder fund, the Caravel Capital (Canada) Fund, which will be managed by Corton Capital Inc. The feeder fund is open to Canadians with a minimum of $1000, including RRSP, RESP, TFSA, and accredited Canadian investors.Â
Caravel, an event-driven market-neutral hedge fund based in Nassau, The Bahamas, engaged Corton Capital Inc as its investment fund manager, portfolio manager, and exempt market dealer in connection with the distribution of units.
Caravel Capital (Canada) Fund will provide investment managers, family offices, and High-net-worth-individuals (HNWIs) the ability to invest in the offshore market-neutral fund led by
