Monday, 20 October 2014
Last updated 4 min 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.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...