Hedge Funds and CTAs

Thames River Capital’s Warrior Fund, a multi-strategy fund of hedge funds, has reached $1.1 billion and is now closed to new subscriptions.  
 
The Warrior Fund, which has exposure to directional and non-directional hedge funds such as the Paulson Credit Opportunities fund and the CQS Directional Opportunities fund, finished July down 2.82%, bringing its year-to-date loss to 2.07%.

The vice chairman and chief investment officer of hedge fund Halcyon Asset Management has been forced out. The move reportedly follows major redemptions from institutional investors.

A former managing director of Fortress Investment Group has recently founded his own New York-based hedge fund firm and has already launched two funds.

Viresco International Capital Management is surfing the green wave with the launch of a clean technology fund.

Kuwait-based asset manager Global Investment House has recently launched an India-focused hedge fund.

Gottex Fund Management is taking its cue from super successful endowments like that of Harvard University.

Cayman Islands-based alternative investment firm Camelot Global Investment has undergone a management buyout and is now part of investment advisory Arkanar Financial Holding.

Credit Suisse’s alternative investments business group has acquired a majority interest in New York-based Asset Management Finance Corporation, which provides working capital to hedge funds and other investment vehicles.

Chicago-based alternative asset manager Citadel Investment Group is aiming to raise a whopping $1 billion for a global macro hedge fund.

(Source: VC Circle) -- A former managing director of Citigroup Venture Capital International in India has reportedly snagged U.S.-based hedge fund Morgan Creek Capital as an anchor investor in his soon-to-be floated private equity fund.