Friday, 26 December 2014
Last updated 2 days ago
Aug 18 2014 | 9:26am ET
Eton Park vet Edward Misrahi's hedge fund has returned double-digits year to date in 2014.
Ronit Capital returned 4.8% in July, bringing its year-to-date returns to about 13.5%, a person with knowledge of the fund told FINalternatives. To put that in perspective, the average hedge fund lost 0.6% in July, according to the HFRI Weighted Composite Index, and has gained 2.5% YTD.
The global emerging markets fund apparently made a substantial return on its short book last month, including its bet on the floundering Banco Espirito Santo, Portugal's second-largest bank and the subject of a government bailout.
Misrahi, a founding partner of New York-based Eton Park, left the $10 billion hedge fund in 2012, launching Ronit the following year.
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.