News

With event driven strategies leading the way, hedge funds gained about 1.78% in January 2012, trailing the S&P 500 which gained 4.36%.

African private equity firm Emerging Capital Partners has tapped Lionstone Group founder and executive chairman Amaechi Ndili to lead its Nigeria operations.

Paris-based Bryan Garnier Asset Management has hired former StormHarbour Alternative Investments employee Epiphanios Michael as manager for it European equities long/short fund.

Two veterans of two top hedge funds have joined forces to launch a new firm, with as much as US$100 million in commitments more than two months before its expected debut.

Masroor Siddiqui and Bruce Emery have set up Naya Capital. The new firm has already lined up between US$75 million and US$100 million in capital from friends and family of the two men, who formerly worked at The Children's Investment Fund and Citadel Investment Group, respectively.

Last year was a bad one for hedge fund investors, and global asset manager Investcorp didn't escape the carnage.

The Man Group has named a head of commodities of its new Systematic Strategies unit.

The Texas County & District Retirement System has added a pair of hedge funds to its portfolio, spending $305 million of $885 million recently set aside for the asset class.

After four-and-a-half years running SkyBridge Capital Management alongside founder Anthony Scaramucci, Scott Prince has left the firm.

Michael Hufton has left hedge fund Sloane Robinson as his fund reaches a likely endgame.

HazelTree Fund Services has a new head of technology.