Thursday, 24 July 2014
Last updated 1 hour ago
Jan 13 2006 | 8:34pm ET
Clearwater Asset Management has launched a multi-strategy hedge fund that combines its domestic active long/short strategy and its global long/short strategy, which is focused on emerging Asian economies.
Clearwater Capital Partners II will be managed by Jamie Atkins, ceo and cio of the firm. He aims to raise $300 million for the fund this year and already has received commitments from two institutional clients.
The multi-strategy hedge fund will be marketed by Joe Nodarse, a third-party marketer recently hired by the firm. Nodarse, previously head of U.S. institutional marketing at London & Capital Investment Advisors, is reopening Hudson Riley Asset Counsel, a marketing firm he operated from 1999 until taking the job with London & Capital in early 2005.
In an interview, Nodarse said he is looking for private equity, venture capital, hedge fund and fund-of-hedge funds firms to add as clients. Ultimately, he hopes to have 5-7 clients.
Nodarse's previous clients include Kenmont Capital Partners, Reserve Capital Partners and Trivest Partners.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…