Crimson Capital, Ex-PB Capital M.D. Launch Fixed-Income Hedge Fund

Oct 28 2010 | 4:11am ET

Crimson Capital Trading has launched a fixed-income hedge fund.

The New York-based firm’s new offering invests in corporate debt, asset-backed bonds and government, Bloomberg News reports. The fund also features an inflation-linked portfolio.

“One of the things that distinguishes this fund from other fixed-income funds is the employment of derivatives, both as a hedging instrument and in terms of positioning, just taking outright views,” fund manager Michael Kraft told Bloomberg.

Kraft joined Crimson to manage the new fund, which launched on Oct. 1, from Mountain Lakes, N.J.-based consultancy Portfolio Solutions Group. He is also a former managing director at PB Capital Corp.

The fixed-income fund follows Crimson’s first offering, a consumer goods, financials, utilities and basic materials equity fund that launched two years ago.


In Depth

Israeli Hedge Fund Harnesses Big Data

Jul 28 2014 | 8:10am ET

Apica Green is a multi-million dollar Israeli hedge fund that is based in Tel Aviv...

Lifestyle

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Guest Contributor

The Truth About Track Record Portability

Jul 24 2014 | 5:55am ET

The number of private funds converting to mutual funds has increased significantly...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note