Saturday, 28 November 2015
Last updated 22 hours ago
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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…