Sunday, 29 November 2015
Last updated 2 days ago
Mar 10 2008 | 2:53pm ET
Valorica Global FIL, one of Spain’s first onshore hedge funds, has launched a global macro fund and a multi-strategy vehicle, both having won regulatory approval on Jan. 25.
The firm opened its doors for business in September, following approval from the Comisión Nacional del Mercado de Valores, and its first hedge fund vehicle, Valorica Global, a long/short equity fund, was given the green light by the Spanish financial regulator in October.
According to the firm, Global has attracted strong interest from both local and international investors and has raised €100 million (US$153.6 million) in its first two months. Víctor Manuel García Romero, Valorica’s director general, is confident that the fund will reach the €150 million mark by the end of the June.
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…