Wednesday, 25 November 2015
Last updated 21 min ago
May 2 2014 | 12:20pm ET
Oil hedge fund Frere Hall Capital Management’s revenues almost doubled last year—even as its performance left much to be desired.
The London-based firm, founded in 2012 by former Goldman Sachs European oil-trading chief Taimur Hassan, was down about 20% through October. But the firm’s profits still rose 59% to £3.5 million as revenues surged from £3.1 million to £6 million.
Frere Hall was one of the largest European hedge fund launches of 2012, debuting with US$165 million. In September, it had US$650 million in assets.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…