GHF Group Launches Two Credit-Focused Hedge Funds

Apr 24 2010 | 1:52pm ET

Cayman Islands-based alternative asset management firm GHF Group has unveiled two new credit-focused hedge funds. The first fund takes advantage of deeply discounted securitizations of distressed instruments, while the second offering focuses on a short credit strategy and aims to provide larger returns in the short term.

According to the firm, the first offering “will provide steady, healthy returns over the medium term as economies around the globe slowly recover,” and the second fund will be more aggressive, and thus has a larger potential upside. “The revenue potential of this fund is formidable, but as this fund is influenced by week to week market fluctuations, investor representatives must give more attention to timing.”

So far investors have placed over $135 million in the two funds, which GHF said it added because its other credit backed funds are now oversubscribed.

The launch of the two credit-focused hedge funds follows closely on the heels of another fund launch by GHF Group. In February, the firm announced that it had created a fund that would benefit in the event of a downturn in the Chinese economy.


In Depth

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...

 

From the current issue of