Saturday, 25 October 2014
Last updated 22 hours ago
Mar 18 2013 | 2:08pm ET
The hedge fund launched last year by The Children's Investment Fund veteran Stuart Powers has soft-closed with US$750 million.
London-based Hengistbury Investment Partners has doubled its assets under management since its debut. The firm's flagship hedge fund, which debuted on New Year's Day last year, soared 22% in 2012, and is up 2% this year, the Financial Times reports.
Hengistbury will now accept investment only from existing investors.
Powers was a partner and a top analyst at TCI. His former firm actually did even better than his new offering last year, rising 29.54%.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.