Hedge Funds and CTAs

A top Credit Suisse Group hedge fund executive is getting a little more on his plate.

SAC Capital Advisors founder Steven Cohen is one of the 10 most active art collectors in the world, according ARTNews’ annual survey.

After eight months of managing the strategy with partner money, Beaconcrest Capital Management is opening its maiden hedge fund to outside investment.

The Boston-based firm has hired Protocol Capital Management’s Virginia Dawson, a capital introduction veteran, to back its newly-launched fundraising effort. Dawson has also served as a portfolio manager at Claremont Investment Partners.

Four years ago, Brian Hunter shook up the natural gas markets. Now, those markets are moving in ways not seen since he lost more than $6 billion for Amaranth Advisors, but, despite rumors to the contrary, it seems that Hunter is not behind the current volatility.

Despite the name of this publication, hedge funds—long/short hedge funds, especially—should no longer be considered an “alternative” investment, according to Hewitt Associates.

Hedge fund seeder NewAlpha Asset Management is targeting European institutions with its latest fund.

Given the chance to play Hollywood kingmakers, a trio of hedge funds is backing a movie studio owned by private equity firm Cerberus Capital Management.

Former Silver Point Partners executive Harry Wilson, the Republican nominee for New York State Comptroller, earned more than $250,000 from the hedge fund last year.

Five Gartmore Group executives and one of its independent directors have taken advantage of the firm’s low share price by stockpiling some shares.

Tranen Capital is readying its second life settlements hedge fund, planning a longevity fund to complement its existing contestables flagship.