Saturday, 27 December 2014
Last updated 3 days ago
Nov 2 2007 | 11:16am ET
Suranya Capital Partners, a Stamford, Conn.-based global macro shop, has opened its maiden hedge fund, Suranya Global Opportunity Fund, to outside investors. The fund launched with $30 million in proprietary and seed capital.
The fund, founded by Tiger Management alumna Anu Murgai, will invest two-thirds of its assets in developed markets and one-third in emerging markets trading fixed-income, foreign exchange, commodities and equities.
“We look at central bank policies trading the short end of the fixed-income curve and some foreign exchange around that, more directional moves where we think there is going to be a policy shift or a political event that will play out over a period of time, and short-term events around a country’s election cycle,” a source close to the firm said.
Murgai, a former managing director at Shumway Capital Partners, a long/short equity hedge fund with $3.5 billion in assets under management, is the fund’s portfolio manager. Previously, she worked at JPMorgan and Ulysses Partners, in addition to Tiger.
The Suranya Global Opportunity Fund charges a 2% management fee and a 20% incentive fee with a $1 million minimum investment requirement.
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.