Sunday, 28 December 2014
Last updated 1 hour ago
Feb 20 2014 | 1:02pm ET
Yen Liow, a former sector head at Ziff Brothers' hedge fund, has raised $870 million for his long/short equity hedge fund.
Liow launched on and offshore versions of the Aravt Global fund in February, according to regulatory filings.
The launch has been much anticipated since Ziff Brothers announced late last year it would wind up its hedge fund operation to seed new funds; a decision prompted by the impending 2015 retirement of the hedge fund's head, Ian McKinnon.
It is not known whether Ziff seeded Aravt.
Ziff alumni Kenneth Wong and Rameez Saleh have joined Liow at Aravt, as has Wall Street Journal vet Jim Oberman, who has taken a research position with the new fund.
Aravt Global carries a minimum investment of $25 million.
Reached by FINalternatives, an Aravt spokesman declined to comment on the new fund.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.