Tuesday, 21 October 2014
Last updated 5 min ago
Aug 28 2007 | 1:09pm ET
CapitalFusion Alternative Investments is gearing up to launch an asset backed securities fund in the fourth quarter. According to the firm, the CapFusion Global ABS Opportunity Fund will take advantage of the current conditions in the capital markets as well as ongoing growth and development of global ABS opportunities.
John Joshi, managing principal of CapFusion, said the fund will have enormous investment capacity given the size of the market. The fund, which is in the preliminary marketing stage, has an initial target size of about $200 million to $250 million.
CapFusion’s new offering is a capital appreciation vehicle that will invest in ABS and CDO assets affected by the illiquidity in the capital markets, as well as commercial real estate, whole-loans and structured assets in U.S. markets. The fund will also invest in opportunities in these asset classes in Europe and Asia as these markets develop.
CapitalFusion Alternative Investments is joint venture between CapitalFusion Partners and a large U.S. asset management company. The firm, which was founded last year by Joshi, Rich Gupta and Daniel Kim, has offices in Los Angeles and New Jersey, and is in the process of opening an office in Singapore.
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…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...