MKP Funds Post July Gains

Aug 8 2012 | 6:37am ET

Hedge funds generally did well in July and MKP Capital Management’s were no exception.

The investment manager’s global macro fund, the MKP Opportunity Fund, was up 1.34% on the month, bringing its YTD gains to 4.66%. The $2.3 billion vehicle is managed by MKP founder and CEO Patrick McMahon.

The firm’s $1.9 billion structured credit strategy, MKP Credit, managed by Anthony Lembke, was up 2.75% in July, bringing its YTD gains to 6.5%, a source familiar with the returns told FINalternatives.

MKP, with $4.9 billion in assets under management, is based in New York and has an office in London.

 


Lifestyle

Survey: Wall Street Banks Still Top Silicon Valley, Hedge Funds for Freshly-Minted MBAs

Jun 21 2016 | 9:01pm ET

Contrary to concerns that Wall Street isn't as appealing to new graduates as it...

Guest Contributor

The Future of the Blockchain in Financial Services Communications

Jun 17 2016 | 1:05pm ET

Over the past year, a large portion of the financial services industry has awakened...