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Hedge Funds

Hirtle Callaghan Seeks Up to Five Distressed Funds

March 16, 2016

BY HEMA PARMAR Hirtle Callaghan, which acts as an outsourced chief investment officer for wealthy families and institutions, is seeking to add as many as five distressed debt hedge funds across its fund of funds platforms this year, according to Brad Conger, director of investment strategy. The firm, which manages

Ex-JAT Partner Connor Starts Tech Long-Short Fund

March 8, 2016

BY HEMA PARMAR Chris Connor, former JAT Capital Management partner before he left last year, has started a hedge fund that wagers on and against global technology, media and telecommunication stocks, according to an investor letter obtained by Bloomberg. Ardmore Global Investors, which counts JAT founder John Thaler among its

Hedge Fund Rankings

March 4, 2016

2015’s Top-Performing Funds With $1 Billion or More in Assets Bloomberg’s rankings of the top-performing hedge funds are based on funds’ net returns for 2015. Because hedge-fund returns can be difficult to obtain, our lists are not all-inclusive. In addition, some of the numbers were difficult to verify. Unless the

Northern Trust’s 50 South Seeks Up to 10 Managers

January 26, 2016

BY HEMA PARMAR 50 South Capital Advisors, the alternative investment subsidiary of $875 billion Northern Trust, is seeking as many as 10 hedge fund managers through 2016, according to Tristan Thomas, the firm’s director of portfolio strategy. 50 South Capital, which manages and advises about $5 billion, more than half

Meet the Energy Funds That Made Money While Oil Fell

January 19, 2016

BY HEMA PARMAR The plunge in oil prices has dragged down much of the energy sector with it. Yet, some energy-focused hedge funds managed to avoid the carnage entirely. Lansdowne Partners — one of Europe’s largest hedge funds with $22 billion — gained 14.8 percent last year in its long-short

2015 Was a Year to Forget for Many Managers

December 23, 2015

INTRODUCTION BY NATHANIEL E. BAKER Volatility and unexpected economic events roiled markets this year, upsetting hedge fund trading models and leading to declines for funds large and small alike. As poor performance begat redemptions, funds were forced to shut their doors. The damage has been widespread, claiming many well-known names,

Paamco, GAM Say They’ll Stay Course on High-Yield

December 16, 2015

BY HEMA PARMAR AND WILL WAINEWRIGHT Pacific Alternative Asset Management Co., the $9 billion fund of hedge funds, and GAM Holding Group AG, a Swiss hedge fund investor, said they will keep their investments and expect their credit managers to pursue opportunities the week after multiple distressed strategies were hit

Fieldpoint Looking for Equity, Event-Driven Managers

November 3, 2015

BY HEMA PARMAR Fieldpoint Private Bank & Trust is seeking long-short equity, event-driven or multi-strategy managers with an emphasis on Europe and North America, according to Nick Markola, the firm’s managing director and head of research. The Greenwich, Connecticut-based private bank and wealth advisory firm is looking for equity long-short

Ex-SAC Manager Tiller Said to Start Precocity Fund

October 27, 2015

BY SIMONE FOXMAN Nick Tiller, a former money manager for Steven A. Cohen’s SAC Capital Advisors who left in 2013 to focus on charity, plans to start a hedge fund called Precocity Capital that will wager on energy, agriculture and natural-resources stocks, according to two people with knowledge of his

Big Data Special Report

October 20, 2015

Click below to download our free special report on Big Data.