PAMLI, BlueMountain Post Above-Average August Returns

Sep 20 2011 | 2:26pm ET

A pair of prominent credit hedge funds managed to best their peers last month, the worst for the hedge fund industry in almost three years.

PAMLI Capital Management's Global Credit Strategies Fund rose 5.02% in August, Bloomberg News reports. The firm was founded in January by Faisal Syed, formerly of Highbridge Capital Management, and its flagship currently manages $115 million.

BlueMountain Capital Management's fund did not do quite as well, losing 1.89% last month. But that's something of a victory, given the bloodbath that befell the industry. The firm's Credit Alternatives Fund remains up 3.06% on the year.


In Depth

Creating An Offshore Hedge Fund Dream Team: The Seven Key Players

Jun 26 2015 | 6:47am ET

If you want to set up an offshore hedge fund, like any great team, you’re only...

Lifestyle

Hedgies Set to Compete in Wall Street Decathlon

Jun 8 2015 | 12:37am ET

The Wall Street Decathlon — a 10-event physical challenge that will crown “Wall...

Guest Contributor

6 Essential Principles To Balance Your Investment Risk

Jun 26 2015 | 10:07am ET

In this article, financial expert Greg Silberman explores how to hedge a private...

 

Editor's Note