RAB Preps Global Macro, Asian Credit Funds

May 4 2007 | 11:35am ET

RAB Capital has been busy putting the pieces in place for two new strategies to be launched within the next months. The firm has hired Bijal Shah and Dhaval Jhoshi for the new RAB Global Macro strategy.

Shah and Jhoshi most recently worked at Sociètè Gènèrale, where they ran a global strategy team, and will be joined at RAB by Marina Lavrov and Sajni Shah to support the new global macro team. The firm plans to launch the RAB Global Macro strategy in mid-year.

Also, John Woods and Mohamed Siddeeq will be joining RAB from HSBC to launch the Asian Credit Opportunities Fund. Woods most recently served as global head of credit research and strategy and head of absolute returns proprietary trading, and Siddeeq as co-manager of the $28 billion global high-grade portfolio at HSBC. The new strategy is launching in July 2007.

The firm declined to provide details on the new strategies.

In other RAB news, it declared $6.16 billion of assets under management as of May 1, an increase of 18% from the end of last year. Philip Richards, RAB’s chief executive, said, “Performance has been good across our range of absolute return strategies and we have experienced steady inflows.”

“Our largest investment strategy, RAB Special Situations, has reached assets under management of over $2 billion, and the combined assets in our RAB Energy and RAB Octane strategies exceed $1 billion,” he added. “In all we have fourteen strategies managing over $100 million apiece - two strategies, RAB European Dynamic and RAB-Northwest China Opportunities, having passed the $100 million mark this year.”


In Depth

Fundraising for Mid-Sized PE Funds: Should You Use a Registered B/D?

Dec 6 2016 | 7:18pm ET

When does a fund sponsor need to use a registered broker/dealer when raising capital...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

A Hard Look At Your ‘Soft’ Hedge Fund Marketing Information

Dec 8 2016 | 9:03pm ET

Conventional wisdom holds that due diligence examines quantitative as well as qualitative...

 

From the current issue of

Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information. 

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR