Clareville Top European Hedge Fund In 2013

Jan 10 2014 | 1:07pm ET

Clareville Capital Partners beat two of the biggest names in the European hedge fund industry to be last year's top performing hedge fund in the region with more than $250 million in assets.

Clareville's US$291 million Pegasus Fund returned 54.1% through October, good enough to top Bloomberg Market's annual ranking of large and mid-sized European hedge funds. The firm beat out Lansdowne Partners' US$1.5 billion Developed Markets SIF, which rose 44.5% over the period, and The Children's Investment Fund Management, which returned 39.7%. TCI manages US$7.3 billion in assets.

Former GLG Capital star trader Philippe Jabre rounds out the top five, with his Jabre Capital Partners' US$520 million Multi-Strategy Fund up 37.8% and its US$507 million Global Balanced Fund up 37.5%.

Clareville took the top spot with several concentrated bets on British stocks. Notable winners last year included airline stocks International Consolidated Airlines Group and EasyJet, as well as online property company Rightmove, Dixons Retail and food wholesaler Booker Group.

Lansdowne's SIF fund didn't only do well by itself. As part of Lansdowne's flagship hedge fund, it helped vault the Developed Markets Fund to 15th place on Bloomberg Markets' list.


In Depth

Q&A: Neil Azous Talks Global Macro Investing

Nov 24 2014 | 12:41pm ET

Neil Azous is the founder and managing member of Rareview Macro, an advisory firm...

Lifestyle

Griffin Selling Chicago Apartment

Nov 26 2014 | 11:40am ET

Citadel Investment Group’s Kenneth Griffin is making clear to his estranged wife...

Guest Contributor

Why The Big Money Is Going To Europe

Nov 14 2014 | 6:03am ET

Peer-to-peer lending was invented with the individual investor in mind. But despite...

 

Sponsored Content

    For Hedge Funds, Mastering Data Is Key To Success

    Nov 4 2014 | 9:45am ET

    Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

November 2014 Cover

Building a better market

Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.