Ex-TCI Partner Nets US$750M For Hedge Fund That Gained 22%

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%.


In Depth

The Benefits Of Private Debt Investing

May 7 2015 | 10:43am ET

Jeffrey Haas is chief operating officer of Old Hill Partners Inc., an SEC-registered...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

How To Generate 6% Yield In A Volatile World

May 22 2015 | 6:41am ET

Private credit comes in many different flavors, all with the common themes of over...

 

Editor's Note