Wednesday, 24 December 2014
Last updated 13 hours 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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.