Thursday, 28 August 2014
Last updated 13 hours ago
May 24 2010 | 10:24am ET
RCM Partners is taking its Canadian special situations fund offshore.
The firm plans a Cayman Islands-domiciled version of its RCM Special Situations Fund, Hedge Funds Review reports. The onshore fund is domiciled in Canada, debuting in October, although Michael Ruscetta, the firm’s chief investment officer, has been running the strategy since November 2008.
The fund invests in Canadian equities and credit, with about 20 long positions and seven shorts. According to Ruscetta, the strategy is up 102% since inception and has never suffered a losing month.
The offshore fund will launch with US$20 million in assets, seeded in part by Accelerator Capital Management.
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 ...