Superwoman’s New Fund Anything But

Jul 5 2007 | 9:33am ET

Not only is she unable to leap tall buildings in a single bound, “Superwoman” Nicola Horlick couldn’t even raise as much as she hoped for her new London-listed fund of hedge funds.

Horlick’s Bramdean Asset Management took in some £131 million for its new Bramdean Alternatives, a closed-end vehicle investing in hedge funds, private equity and other alternative asset classes. She had hoped to raise £250 million. But Horlick said she was anything but disappointed.

“This is a new fund, and to be absolutely frank, we had no idea exactly how much demand there would be, which is why we put such a range on the estimates,” she said, The Independent reports. “To pull in more than £100 million for a new fund that is unique in the marketplace is very good.”

Related Story: ‘Superwoman’ On The Cheap


In Depth

Q&A: MackeyRMS's Chris Mackey On A High Tech Fix To Broker Votes

Jun 23 2017 | 8:17pm ET

The looming implementation of the EU’s MiFID II rules regarding research has put...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Steinbrugge: Asia-Focused Hedge Funds Offer Great Opportunities

Jun 23 2017 | 3:33pm ET

Emerging market strategies have outperformed their developed-market peers for five...

 

From the current issue of