Hedge Funds and CTAs

Private equity giant the Carlyle Group is eyeing a return to the hedge fund business two years after liquidating its only such vehicle.

Cheyne Capital Management has raised US$100 million for a new event-driven hedge fund even as it shutters its much-heralded, year-old macro strategy.

The man behind the biggest act of consolidation in the hedge fund industry says that mergers and acquisitions activity in the sector is set to pick up—with a possible surprising twist.

Just over a year after pulling the plug on his hedge fund, former Tudor Investment Corp. star manager James Pallotta is starting over.

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.