Managers
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
Cardinal Asset Management has appointed ex-Soros partner Andrew Switajewski to launch and develop its active-value hedge fund capabilities.
Switajewski said: “I am excited to be joining Card
Pioneer Alternative Investments has launched the latest version of the successful Momentum AllWeather Fund which closed to new investors in July of this year.
As a continuation of the AllWeather concept with its focus on low volatility investment strategies, Momentum AllWeather Strategies II Master Fund, the new fund, shares the original fund’s structure and investment approach.
Launched in May 1995, Momentum AllWeather Fund was one of the first funds of hedge funds (FoHFs) to focus on low volatility alternative investment strategies at a time when most hedge funds were following an aggressive and volatile investment style. The Federal Reserve’s decision
FIM Limited has expanded its multi-manager team through the hire of Brendan Robertson as a Director in the research and investment department.
Robertson has 10 years of investment experience
Decision Capital Management, LLC has launched United Advisors SPC, an offshore segregated portfolio company that will facilitate European access to US hedge funds.
