Tuesday, 1 December 2015
Last updated 17 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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…