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: SkyBridge’s Anthony Scaramucci Readies For Wall Street Week Debut

Apr 16 2015 | 12:56pm ET

Anthony Scaramucci, founder and managing director of asset management firm SkyBridge...

Lifestyle

Puerto Rico Woos The Rich But So Far Gains Little

Apr 17 2015 | 2:45am ET

Hedge fund manager Rob Rill grins. He has just had word that U.S. financial regulators...

Guest Contributor

Minnesota Supreme Court Rejects The Ponzi Scheme Presumption: Lenders Claw Back Some Of Their Own Rights

Apr 17 2015 | 9:23am ET

A recent court ruling in Minnesota has put an end to the Ponzi Scheme Presumption...

 

Editor's Note