GATKO To Close Global Long/Short Hedge Fund

May 23 2008 | 2:00am ET

The volatile equity market has claimed another hedge fund. London-based GATKO Partners is shuttering its equity long/short offering, the latest hedge fund to fold despite positive performance.

The US$68 million GATKO Global Opportunities Fund, which is up 0.42% year-to-date, will close at the end of May. The fund returned 7.85% last year and 8.59% in 2006.

The firm declined to comment on the fund closing.

The GATKO Global Opportunities Master Fund employed a macro driven thematic investment approach and its investment strategy is directional, though not long-biased, with conservative use of the balance sheet. Its average gross exposure since inception is 76%, with the average net exposure at 15%.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...