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

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Moore Capital PM Fired After Raucous Hamptons Party

Jul 7 2016 | 10:47pm ET

A portfolio manager for Louis Bacon’s $15 billion hedge fund Moore Capital Management...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...