Monday, 30 November 2015
Last updated 4 min ago
May 24 2010 | 11:58am ET
A big investment from a big pension fund means big changes for Cavenagh Capital.
The Singapore-based firm will move to Amsterdam after APG, the investment management arm of US$270 billion Dutch pension ABP, agreed to seed its new Asian macro fund. The Cavenagh Asian fund will debut on July 1 with US$40 million, HedgeWeek reports.
The new fund is targeting 15% to 20% returns investing in Asian interest rates and currencies.
Cavenagh was founded by former Dexion Capital product development and fundraising executive Andrew Gale and former DBS principal strategies chief and Abax Global Capital macro trader Lee Ka Shao.
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…