Wednesday, 23 July 2014
Last updated 10 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.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…