In Alternative Views, Hedgeweek® goes behind closed doors with those in the know to get the latest on hedge funds. Today, we speak to Vincent Ijaouane, Founder and CIO of Vigama Capital, whose European equity long/short fund has generated strong returns while equities have been in the red.
Two Sigma Investments’s flagship hedge funds delivered strong returns in March, outpacing many multi-strategy peers despite internal management upheaval and market volatility throughout the month, according to a report by Bloomberg.
Global hedge funds recorded their largest monthly drawdown since January 2022 as market turbulence linked to the Iran conflict weighed heavily on equities, according to a report by Reuters citing a recent client note from Goldman Sachs.
Diego Megia’s macro hedge fund, Taula Capital Management, has secured $1.75bn in additional capital from existing investors, increasing total assets to over $8.5bn, according to a report by Bloomberg citing unnamed sources familiar with the matter.
Blackstone is preparing to launch its first hedge fund tailored to high-net-worth individual investors (HNWI), marking a further push by the alternatives giant into the private wealth channel, according to a report by Bloomberg.
Separately managed accounts have become emerging managers’ favoured capital-raising tool. Managers who underestimate the operational weight do so at their peril.
Distressed debt hedge funds, including Strategic Value Partners, are positioning for a potential wave of opportunities in private credit, with several managers describing current conditions as the most compelling setup since the 2008 financial crisis, according to a report by the Financial Times.
Wide discounts and a hands-off regulator have left Britain’s investment trust sector exposed. Hedge funds following Saba Capital’s model could make the most of it.
Multi-strategy major Millennium Management is unwinding a significant capital allocation to quantitative manager Engineers Gate, bringing an end to a partnership that has lasted more than three years, according to a report by Bloomberg.
Caxton Associates has emerged as one of the most prominent hedge fund casualties of recent market volatility, with losses at its flagship strategy exceeding $1.3bn in March as geopolitical tensions in the Middle East caused a drop in global assets, according to a report by the Financial Times.