Saturday, 25 October 2014
Last updated 1 day ago
Apr 4 2013 | 12:39am ET
Hedge fund Denjoy Capital Partners has snared Ridley Park Capital's chief operating officer as it gears up for a fundraising push.
London-based Denjoy named Ian Bickerstaffe to the same post, Financial News reports. His arrival coincides with Denjoy's plan to raise several hundred million dollars to add to the US$200 million it already manages, and his presence may help ease the minds of institutional investors.
Denjoy is led by former Brevan Howard Asset Management partner Frederic Denjoy. The long/short equity fund debuted in 2011 and has posted double-digit returns in each of the last two years—and is already up 11.29% this year, through February.
Denjoy won the backing of the Blackstone Group for the hedge fund, a concentrated portfolio focused on Europe, but with some U.S. and Asia exposure.
Ridley Park founder Julian Barnett pulled the plug on the hedge fund in November. Prior to joining it, Bickerstaffe worked with Barnett at Polar Capital Management.
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.