Saturday, 28 November 2015
Last updated 15 hours ago
Sep 12 2012 | 12:10pm ET
All of York Capital Management's hedge funds posted gains last month, led by its Select fund.
That $890 million vehicle pulled itself out of the red in August, rising 6.8% on the month and 1.75% on the year, ValueWalk reports. York's other funds didn't do quite as well last month—but they didn't have to.
The $15 billion New York-based firm's UCITS Event-Driven Fund added 2.72% last month and its $5 billion flagship Multi Strategy Fund 2.6%. The latter fund is now up 6.2% on the year.
York's event-driven Total Return Fund rose 2.2% on the month; the $1.5 billion fund is up 7% on the year. Its $4 billion Credit Opportunities Fund added 1.7% in August and 10.6% on the year, York's best performance of 2012, while its European Fund, with $1.9 billion in assets, rose 0.9% last month to reach 6.8% on the year.
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…