Monday, 1 September 2014
Last updated 3 days ago
Mar 15 2012 | 2:42am ET
It hasn't taken Carl Huttenlocher long to make his new hedge fund nearly as large as his old one.
The former Highbridge Capital Management Asia head has raised US$900 million for his Myriad Asset Management, Bloomberg News reports. The Hong Kong-based hedge fund launched at the beginning of December with US$340 million.
Huttenlocher has previously said he hopes to raise US$2 billion for Myriad before closing it to new investment by the middle of the year.
Myriad Opportunities Master Fund returned about 3% in its first three months.
Huttenlocher managed US$1.4 billion at Highbridge. That firm liquidated his Asia Opportunities Fund after Huttenlocher resigned last March.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...