Orchard Assets Soar After Stark Spinoff

Dec 23 2010 | 10:06am ET

Independence has been very sweet for Orchard Capital Partners.

The Asia-focused firm’s Gemini Fund manages almost 14 times more today than it did at the beginning of the year, growing from $7 million to $96.2 million, Bloomberg News reports. And while most of the increase has been due to inflows, the fund has not disappointed in its debut year, returning 21% through the end of November.

All told, Orchard, which spun off from Stark in January, manages $520 million, including $150 million in separately managed accounts.

“The more liquid equity strategies is where the investor appetite was this year,” co-founder Teall Edds told Bloomberg. “Many investors and many funds found that the macro headwinds were difficult to contend with for the bulk of the year.”

In Depth

Q&A: Biotech Investing with Crossover Fund RA Capital

Sep 15 2015 | 5:40pm ET

Boston-based RA Capital Management is an intriguing mix of sophisticated life sciences...


Citadel Supports Manhattan Real Estate With Record Deal

Sep 16 2015 | 3:04pm ET

Never count hedge funds out of a big property deal. The Manhattan real estate market...

Guest Contributor

Hedge Fund Marketing To Independent RIA Firms

Sep 30 2015 | 1:56pm ET

In this contributed article, Bruce Frumerman of Frumerman & Nemeth Inc. explains...


Editor's Note

Upcoming Events