Friday, 29 August 2014
Last updated 3 hours ago
Dec 6 2011 | 12:34pm ET
Taylor Woods' maiden hedge fund will close to new investors at the end of the first quarter, the firm told clients.
Greenwich, Conn.-based Taylor Woods, founded last year by former Credit Suisse traders George Taylor and Trevor Woods, said the impending soft-close was due to its burgeoning assets under management, which now stand above $1 billion despite the Master Fund's loss of 2.18% between its February launch and the end of October. Taylor Woods debuted with $150 million in seed capital from the Blackstone Group, a figure that had grown to $500 million by the summer.
Taylor Woods' year-to-date loss is slightly less than the average loss suffered by commodity hedge funds. About three-quarters of the firm's assets are invested in commodities, Bloomberg News reports.
"The volatility in the commodity markets will continue for the foreseeable future," Taylor wrote to investors.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...