Saturday, 28 November 2015
Last updated 14 hours ago
Jan 30 2007 | 9:16am ET
For the top global event-driven fund last year, look no further than Canada.
Toronto-based Rosseau Asset Management’s Rosseau Limited Partnership and its offshore version, the G-10 Rosseau Special Situations Fund, took first and second place in the Lipper/TASS Database in 2006. The latter returned 112.5% and the former, a whopping 121.7%.
“In 2006, we earned a lot of attention with our triple-digit returns, but the real story is our ability to compound our investors’ money over the long-term,” founder and portfolio manager Warren Irwin said of his eight-year-old Rosseau L.P., which has returned an annualized 34.7% since its inception. The firm manages some C$200 million ($169 million).
In addition to finishing as the top two event-driven funds, the Rosseau funds finished fourth and fifth among all hedge funds in 2006.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…