Camargue To Close Following Redemption

Mar 1 2012 | 12:05pm ET

Hedge fund Camargue Capital Management is calling it quits after four years.

The London-based firm will return what is left of its US$90 million in assets following a key investor's decision to redeem, HFMWeek reports. The timeline for the liquidation is unclear.

The investor is believed to have filed its redemption request at the beginning of the year. Camargue lost 13.5% in 2011.

Camargue was founded by Benn Spiers, formerly co-manager of GLG Partners' European Opportunities Fund and former European trading chief at Soros Fund Management, in 2008. The fund managed an equity long/short strategy.

 


In Depth

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...

 

From the current issue of