Hedge Funds Europe >>>
B&G Foods may take advantage of low funding rates for debt financed takeovers this year, said CEO David Wenner. Click HERE for more.
Martin Coward, who left the firm he helped create in an acrimonious split with his wife and co-founder Elena Ambrosiadou, is seeking to raise money at a time that quantitative hedge funds are underperforming the market. Click here to view the entire article.
Europanel Research and Alternative Asset Management is on the look-out for event-driven and European credit managers this year as it scales back its investments in trend-following funds. The Paris-based fund of hedge funds manager, known as ERAAM, may add about five new managers this year, according to partner and chief investment officer Olivier Kintgen. Click here to continue reading.
Marcuard Heritage SA intends to allocate money to long-short equity and long-short credit strategies this year, particularly those that tilt toward Europe as the region’s improving economies create new opportunities for investment profits. Click here to continue reading.
Eurizon Capital SGR S.p.A, could hire up to a half-dozen hedge fund managers this year and is especially interested in European event-driven and U.S. activist managers. Equity long-short managers are another area of focus, and the firm may look at emerging markets bonds, according to Filippo Stefanini, head of hedge funds and manager selection. Click here to [...]
Brevan Howard Capital Management LP has started an investment fund run by a team of former Deutsche Bank AG market strategists in New York, as Europe’s second-biggest hedge-fund firm expands its presence in the U.S. Click here to continue reading.
PVE Capital LLP is preparing to launch a hedge fund focused on collateralized debt obligaions in response to demand from U.S. investors seeking exposure to European credit, according to chief investment officer Gennaro Pucci. To read more, click here.
Lyxor Asset Management plans to allocate almost 500 million euros ($660 million) to Japanese long-short equity managers over the rest of the year, according to Jeanne Asseraf-Bitton, global head of cross-asset research. To read more, click here.
Altin, the closed-end fund of hedge funds with $250 million in assets, is looking to allocate money to global macro and event-driven managers in a move to add risk to the portfolio, according to Michael Malquarti, portfolio manager for Alternative Asset Advisors S.A., the investment manager of the listed fund. To read more, click here.
Gottex Fund Management Holdings Ltd., the $6 billion Lausanne, Switzerland-based firm, is looking for activist, event-driven and long-short equity funds, as part of a move away from credit, chief investment officer Kevin Maloney said. To read more, click here.