Friday, 27 November 2015
Last updated 13 min ago
Jan 11 2011 | 5:53am ET
London-based hedge fund Headstart Advisers is expanding its emerging markets offering.
The firm, which already runs a Russia-focused fund, has launched a global emerging markets vehicle. Initially, the Limestone Global Emerging Markets Fund will look to familiar territory, placing an emphasis on Russia, as well as Brazil, India and China. But it plans to invest in other emerging markets, seeking out value and growth opportunities.
Headstart said the new fund will “rely on the core competency” of chief investment officer Najy Nasser.
“This new, broader Emerging Markets Fund will be a direct fund investing in the individual companies who will be the winners as their home markets grow,” Nasser said. “We believe this new Headstart fund is a natural progression for us which will be positioned to perform well as the emerging markets' share of global GDP continues to increase.”
Last year, Headstart and Nasser settled Securities and Exchange Commission mutual-fund late-trading charges.
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…