Tuesday, 16 September 2014
Last updated 12 hours ago
Apr 23 2013 | 1:15pm ET
Azentus Capital Management's turnaround has extended into 2013.
The hedge fund, founded by former Goldman Sachs proprietary-trading chief Morgan Sze, is up 8% before fees this year, Bloomberg News reports. Hong Kong-based Azentus managed to return 1% last year after spending most of 2012 in the red; in its first year, 2011, it lost 6.8%.
Still, the Asia-focused firm's assets fell to US$1.6 billion; Azentus has managed in excess of US$2 billion.
The firm has also lost one of its six founding partners. Bruce Kirk left Azentus in March, according to a filing with the Hong Kong Securities and Futures Commission. Kirk's departure was amicable, chief operating officer Roger Denby-Jones told Bloomberg.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
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