Wednesday, 27 August 2014
Last updated 9 hours ago
Feb 16 2010 | 11:24am ET
New York-based hedge fund Karsch Capital Management is launching a distressed-debt hedge fund.
The firm, which focuses on long/short equity strategies, plans to launch the fund in the second quarter, HedgeFund.net reports. The firm has hired Davidson Kempner Capital Management’s James Donath to manage the new vehicle. Donath joined the $3 billion firm in November.
It is unclear what the initial assets of the credit fund will be.
The new fund will employ an event-driven approach to distressed debt. It will invest in the U.S., Europe and Asia.
Karsch will charge 1.5% for management and 20% for performance. There is a $1 million minimum investment.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...