Third Point, Greenlight Up In Feb.

Mar 8 2012 | 1:17pm ET

A couple of prominent hedge funds continued a run of (relatively) strong performance this year with a positive February.

Third Point's Ultra fund added 1.6% last month, Reuters reports, leaving the fund up 7.5% on the year. Greenlight Capital had an even better February, rising 3.1%. The fund is now up more than 6% in 2012.

Still, both funds are trailing the Standard & Poor's 500 Index, which rose 8% in the first two months of the year.

Conquest Capital Group's Macro fund is also trailing the S&P—by a much, much wider margin. The fund fell 5.77% last month and is now down almost 10% on the year.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...