Memphis, TN-based Barrier Investments, LLC has launched the Barrier Credit ABS Master Fund, Ltd. which focuses on home equity asset-backed securities.

Peter Brewer previews the investment process for the Cumulus Energy Fund which is scheduled for launch in October 2006.

RAB Capital PLC has acquired Northwest Investment Management Limited for a maximum consideration of GBP 20.55 million, payable in cash and shares.

John Innes outlines the investment processes that are driving the consistent performance of the MPC Pilgrim Fund.

New Star Asset Management has raised USD 166 million from the initial launch of its Multi Strategy funds.

Bryan Garnier Asset Management, the institutional asset management arm of Bryan Garnier & Co, has launched a hedge fund managed by Adriaan Klop.

First State Investments has launched the First State Investments Global Energy Long Short Fund Limited.

Aumenti Capital Management, LLC has launched Enzo Partners LP, a global equity long/short hedge fund managed by Andrew Lydon.

The Kotak Mahindra Group has announced the Indian Concentrated Growth Fund II, the firm’s 2nd Concentrated Growth Fund for international investors. The new closed-ended fund, will have a concentrated portfolio, primarily investing in 12-15 small and mid-cap stocks listed on the Indian stock exchanges. It will give investors an opportunity to participate in the growth of listed emerging companies in India. As a closed-ended concentrated fund, it will have a ‘buy & hold’ approach and will attempt to balance investment risk through deep understanding of businesses. The inherent stock picking strengths of the fund management team supported by a large

Venus Capital Management, Inc. has launched a new Event-driven fund, the Venus Special Situations Fund, focusing on opportunities in India.