Saturday, 20 December 2014
Last updated 19 hours ago
Sep 30 2011 | 11:01am ET
Bharat Capital has launched a pair of managed account strategies with impressive returns.
The New York-based hedge fund's Special Situations Strategy is up 51.3% and its Liquid Credit Strategy 16.91%, HFMWeek reports. The former rose 2.9% last month and the latter 0.51%.
"It's a good time to invest because fewer analysts are covering small and mid-sized event-driven securities," Sanjay Nayar, who founded Bharat two years ago, told HFM.
Bharat is targeting family offices and high-net worth individuals with the new products. The firm hopes to raise $500 million for the credit strategy and $200 million for the special situations strategy.
Both charge 30% for performance and no management fee.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.