Monday, 31 August 2015
Last updated 2 days ago
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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…