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Mehmet Dalman, who left Commerzbank two weeks ago to set up the Wealth Management Group, opened and closed his first hedge fund on the same day.
The Fund is called
Custom House Administration & Corporate Services Limited has doubled hedge fund assets under administration to over USD 10bn.
William Yonge, Peter Malyshev and John Sullivan of the US law firm McDermott, Will & Emery examine the impact of the SEC’s proposals on non-US based advisers.
Many
Graham Phillips and Jerry Dawson of PricewaterhouseCoopers, London provide an overview of key developments across the European hedge fund market.
Developments in th
Eurex has set new open interest records in the Dutch and French equity options segment.
Eurex announced on Tuesday that open interest in Dutch equity options reache
Permal Group, the funds of hedge funds manager, has hired investment bank Merrill Lynch to conduct a strategic review of its business.
Permal, which oversees about
The Macro Index recorded a strong gain (0.68%) to lead the performance of the HFRX indices this week.
The Market Directional Index also recorded a gain of 0.37% followed closely by the Distr
Steven McIntyre and Todd J. Stein have left billion dollar Q Investments of Ft. Worth, TX to launch their own long/short equity fund.
The two portfolio managers began trading Braeside Capital, based in Dallas, on 25 July.
At Q Investments, McIntyre specialized in distressed, value-oriented investments, while Stein co-managed a USD 100 million merger arbitrage portfolio and also played a key role in Q Investments’ bets against distressed equities that it expected to decline.
With Braeside, McIntyre and Stein will use a bottom-up, value-oriented process to target stocks that have a market capitalization of USD 100 million or less. Their
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
Opus Prime Capital will be launching a discretionary managed futures program later this month on Schneider’s London-based hedge funds platform.
Opus is the sponsor
