Thursday, 27 October 2016
Last updated 9 hours ago
Dec 6 2012 | 11:31am ET
Hutchin Hill Capital more than doubled its year-to-date gains in October.
The New York-based hedge fund rose 4.3% on that month, bringing its 2012 returns to 7.7%. Hutchin Hill credited Liberty Interactive Corp.'s rights offering and the breakup of a pair of conglomerates for the gains, ValueWalk reports.
The firm also said it profited from investments in financial services companies and quantitative credit bets.
The firm also told investors that, in the wake of the launch of its Liquid Credit Strategy in July, it will rename its eponymous flagship fund the Hutchin Hill Diversified Alpha Fund next year.