Funds
JP Morgan Asset Management has held the final closing of its Lynstone Special Situations Fund II (Lynstone Fund II), with $2.4 billion in capital raised from a broad set of institutional investors comprised of pension funds, insurance companies, foundations endowments and wealth managers across the Americas, Europe, Australia and Asia.
Lynstone Fund II is investing in stressed, distressed, and event driven situations in European and North American private and public markets across the capital structure, where underlying assets are potentially discounted due to illiquidity or market disruption and where an event or catalyst has the strong potential to drive a
Tech-focused growth hedge fund Tiger Global is now down over 50% so far in 2022 having lost 14.2% in May alone, according to a report by Fortune.
The report cites an investor letter as revealing that founder Chase Coleman’s flagship fund upped its positions in a number of tech stocks including Snowflake, Carvana and Sea earlier in Q4, before the tech stock sell-off accelerated.
Tiger Global reportedly attempted to stem losses in May by selling out of tech companies including AirBnB, Bumble, Netflix and Peloton.
Graham Capital founder Kenneth Tropin believes hedge funds are currently experiencing the best conditions for trading bonds and currency markets since the global financial crisis of 2008, according to a report by The Financial Times.
Graham cites high levels of inflation and supply chain bottlenecks for the creation of favourable conditions that are allowing macro managers to benefit as central banks rapidly raise interest rates to combat surging inflation.
“I can’t recall a more interesting time to be a macro investor since the financial crisis. We’re finding a lot of opportunities,” Tropin is quoted as saying in an interview with
Family office SureFire Capital’s multi-strategy hedge fund notched up a +22.1% return in April 2022 as well as an estimated +10% in May 2022 amid challenging market conditions.
The underlying quantitative hedge fund strategy, focused on the Nasdaq-100 Index, incorporates trend, momentum, and volatility factors.
A CQS fund that invests across a rage of internal strategies at the London-based credit hedge fund firm, is to close following significant outflows, according to a report by the Financial Times.
The $20 billion firm, which was founded by billionaire trader Sir Michael Hintze and offers a range of funds that trade instruments including structured credit, convertible bonds, asset-backed securities and equities, is reported to have informed investors of its decision to wind down the CQS Diversified Fund earlier this week having seen assets shrink by roughly half to $388 million.
Carey Olsen and Oakbridge Fund Services (Oakbridge) have advised the regulated Singapore investment manager Phillip Street Partners on the launch of PSP Digital Macro Fund Limited (the fund).
The fund’s aim is to deliver uncorrelated absolute returns across multiple asset classes, including digital assets. It is structured as a Jersey limited company and established as a Jersey Private Fund, with the potential to upgrade to a Jersey Expert Fund in the future.
The Oakbridge team is acting as designated service provider and in doing so provides administration and compliance services to the Fund.
Lumos Fund, a mid-frequency intraday momentum strategy trading futures on leading indices such as in the US, UK, Europe and Asia, is to join Falcon investment management’s multi-manager hedge fund platform.
Launched in April 2021, Lumos has rapidly grown, and now manages $300 million across the fund & SMAs.
Falcon’s multi-manager fund platform supports independent investment managers in all stages of their growth from inception to scale. The platform is tailored to create independent and specialised portfolios under its Cayman SPC fund structure, while delivering institutional level infrastructure and established Tier One relationships. Providing access to full compliance and risk
London-based Nickel Digital Asset Management (Nickel), a regulated crypto hedge fund manager, has outperformed the S&P500 since January 2020, despite the initial strong performance of equities during the Covid period.
Persistently high inflation around the world has prompted a revival in the fortunes of commodity funds, according to a report by The Financial Times.
The report says that data from Citi reveals that after years being largely out of favour with investors, funds investing in raw materials such as oil and wheat drew in net inflows of $38.7 billion in the year to 10 May.
Commodity prices have soared this year as pandemic supply chain disruptions were compounded by a squeeze on oil and gas supplies over the winter, pushing the broad S&P GSCI index in March to its highest
Manhattan Crypto Capital (MCC) is launching a private crypto investment fund that boasts the fastest-growing, highest-yielding assets with high performance in hard and soft assets.
Built by a seasoned investor, this fund connects verified accredited investors with disruptive managers. With this fund, iMCC is aiming to provide investors with high yield returns with minimum downside risk from crypto and blockchain assets.
Manhattan Crypto Capital founder Zaid Khan started investing in stocks at the age of 16, and later became a pioneer in digital investing before he turned 30. Thanks to his background in investing and his experience in cryptography, he
