Sunday, 21 December 2014
Last updated 12 hours ago
Jul 29 2010 | 12:19pm ET
Nascent hedge fund firm Skyline Capital Management is having a soft launch of its maiden hedge fund in November.
The firm—which is still awaiting Financial Services Authority approval—has already raised US$15 million for the vehicle, a global long/short equity fund with a big emerging markets portfolio, HFMWeek reports. The London-based firm expects to scale up to between US$50 million and US$100 million during the first year.
Skyline’s portfolio will focus on mid- and large-cap companies, listed in Western countries, but with significant ties to emerging markets. It will charge 2% for management and 20% for performance for its A share class, and 1.5% and 15% for its B share class. The fund will be registered in the Cayman Islands.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.