Hedge Funds and CTAs

A co-founder of collapsed hedge fund Peloton Partners has resurfaced on the other side of the world.

Ron Beller has set up Branch Hill Capital in San Francisco. The new firm is currently managing $40 million contributed by Beller and co-founder Manal Mehta, who also worked at Peloton, and the duo have returned 15% in their first three months.

Beller and Mehta plan to open Branch Hill to outside investors by the end of this year and hope to raise $250 million in a year.

Times are tough for alternative investment firms looking to raise money. LGT Capital Partners hasn’t noticed.

Arsago Capital Management has just about hit rock-bottom, but the Swiss hedge fund manager hopes it has hit upon a strategy to bounce back.

Meridian Capital Partners has appointed Mark Gordon director of risk management.

A Lionhart Investments hedge fund manager is returning home to the Phillipines to take over the country’s state-owned pension fund.

After two awful months, SandRidge Capital posted a sizeable gain in August—but remains down double-digits for the year.

Having pulled the plug on his own hedge fund venture, Carl Fantasia is returning to the comforting embrace of a big hedge fund firm.

When Soroban Capital Partners launches its maiden hedge fund in November, much of the money it manages will come from its partners.

Tudor Investment Corp. has fortified its growing equities team with a pair of hires, including that of a top trader at Diamondback Capital Partners.

RAB Capital issued an earnings warning after the close of trading, and said that it would cut staff to reduce its costs.

The trouble London-based hedge fund said that its full-year loss would be larger than expected. RAB blamed a big drop in assets under management—the firm ended August with just $1.05 billion, down from $1.26 billion at the end of June and $1.35 billion at the beginning of the year—due to poor performance and investor redemptions.