Saturday, 30 August 2014
Last updated 1 day ago
Nov 6 2007 | 7:28am ET
Hedge fund Jabre Capital, founded by a former star GLG Partners trader, is set to launch a European mid-cap hedge fund next month.
The JabCap Mangousta fund will be an open-ended long/short offering with a European mid-cap bias. It is expected to launch in early December and to raise as much as €500 million (US$725 million).
Geneva-based Jabre Capital was founded last year by Philippe Jabre in the wake of his receipt of the largest individual fine ever imposed by the British Financial Services Authority, for alleged insider-trading while at GLG. In spite of that rocky start, the firm’s three strategies—a multi-strategy hedge fund, a global equity absolute return fund and a global convertible absolute return strategy—have enjoyed fundraising success this year, with the multi-strat fund having added 10.5% since its February launch.
The Mangousta fund is helmed by GLG veteran Renaud Saleur, who ran a similar strategy at the London-based hedge fund.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...