New Star Seeks $400M For Real-Estate Hedge Fund

Oct 1 2007 | 12:49pm ET

New Star Asset Management has high hopes for its new real estate hedge fund, saying it hopes to increase its assets eightfold.

The British hedge fund manager launched the New Start Real Estate Hedge Fund today with US$50 million in commitments. But the firm said it sees a US$400 million fund in its mind’s eye.

The new fund, plans for which were announced in July, will focus on European listed property securities and is to be managed by Rock Capital veteran Robin White. In addition to real estate investment trusts, the fund can also invest in private real estate funds and derivatives.


In Depth

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

CAIS: How Technology is Disrupting the Alternative Investment Industry

Nov 7 2017 | 5:35pm ET

If there’s one thing that alternative investment professionals can agree on, it...