King Street Rises After First Losing Year

Mar 9 2012 | 11:01am ET

King Street Capital Management suffered its first-ever loss last year. It's trying to make sure that 2012 doesn't produce its second.

The New York-based hedge fund said its Europe fund rose between 1.2% and 1.25% last month, Dow Jones Newswires reports. King Street Europe is up between 3.67% and 3.75% for the first two months of the year.

In its letter to investors, King Street did not elaborate on its winnings this year. The fund lost between 3.93% and 4.41% last year.

King Street has about $18.5 billion in assets under management.


In Depth

Q&A: Filippo Pignatti Morano On The Ultimate Alternative Investment...Classic Cars

Jan 29 2015 | 12:37pm ET

In 2011, Filippo Pignatti Morano launched a fund to invest in classic cars. FINalternatives...

Lifestyle

Looking For A Hedge Fund Manager? Try Davos

Jan 28 2015 | 8:48am ET

Davos, Switzerland seems to have become the hedge fund capital of the world—at...

Guest Contributor

Five Tips For Successfully Marketing Your Hedge Fund

Jan 30 2015 | 9:14am ET

When it comes to the hedge fund industry, the notion of “build it and it will...

 

Editor's Note