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

'Smart Beta' Funds In Regulators' Sights, Hedgies May Be Next

Mar 26 2015 | 11:11am ET

Funds that mimic strategies used by active managers for a fraction of the cost could...

Lifestyle

Study: Both Marriage and Divorce Lead to Negative Hedge Fund Performance

Mar 25 2015 | 6:51pm ET

Trouble at home leads to trouble in the market for fund managers, according to researchers...

Guest Contributor

Concerned About Your HFT Exposure? Hedge It!

Mar 26 2015 | 1:06pm ET

High-frequency trading has been a persistent storyline for several years. The trading...

 

Sponsored Content

    Mar 9 2015 | 6:35am ET

    Kelly RodriquesKelly RodriquesAs more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…

Editor's Note