Funds
Fortis Investments has launched its fourth hedge fund product, a convertible arbitrage hedge fund.
The fund has a global strategy covering the US, Europe, Asia and
Two new directional funds for dollar and euro investors are being launched by Baring Asset Management (BAM) on 22 November 2004.
A fixed offer period will run for o
Madison Capital Management, LLC has strengthened its portfolio management team with the appointment of Kristina Smorol as a Portfolio Director.
Smorol will work pri
Old Mutual Asset Managers (UK) (OMAM) has placed additional capacity in the Old Mutual UK Specialist Equity Fund with new and existing investors.
The additional inv
Nauerz & Noell AG, a Frankfurt-based hedge funds advisor, has launched its first offshore single manager fund, NN Advanced Directional HY.
The fund is seeking high
Greenwich-based FrontPoint Partners LLC has added a credit relative value team led by Robert Wenzel and Robert Smalley and based out of New York.
The team, previou
Vega Asset Management LLC, the USD 12 billion hedge fund manager, warned that it expects to suffer further redemptions.
The hedge fund had redemptions in September equal to 4% of total asset
Progressive Alternative Investments Limited has launched the Stockbridge Fund; a UK long/short, small/mid cap hedge fund that began trading on 1 October.
The princi
Mehmet Dalman, Commerzbank’s Investment Banking chief, has left to launch an innovative hedge fund-focused wealth management group.
Dalman’s new London-based compan
