Sunday, 23 November 2014
Last updated 2 days ago
Jul 10 2007 | 10:04am ET
Emerging markets shop Finisterre Capital has launched a special situations fund with US$90 million of assets under management, including a significant commitment from the firm's partners.
The Finisterre Special Situations Fund invests in event-driven situations in emerging markets and employs a primarily bottom-up strategy rooted in fundamental credit, asset valuation and documentation analysis. Managed by partner Rafaël Biosse Duplan—who has helmed the special situations strategy within the two existing Finisterre funds since early 2006—the strategy has returned 42.8% net of fees and expenses with a volatility of 9.2% over the past 12 months, according to the firm.
Finisterre Capital was founded in October 2002 and manages over US$425 million across its three existing emerging markets products.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
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