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

Creating An Offshore Hedge Fund Dream Team: The Seven Key Players

Jun 26 2015 | 6:47am ET

If you want to set up an offshore hedge fund, like any great team, you’re only...

Lifestyle

Hedgies Set to Compete in Wall Street Decathlon

Jun 8 2015 | 12:37am ET

The Wall Street Decathlon — a 10-event physical challenge that will crown “Wall...

Guest Contributor

6 Essential Principles To Balance Your Investment Risk

Jun 26 2015 | 10:07am ET

In this article, financial expert Greg Silberman explores how to hedge a private...

 

Editor's Note