KKR Addresses Its Mis-Step In Acquiring Prisma Through PAAMCO Deal

funds of funds lead article

By Hedge Fund Insight staff It was announced today that PAAMCO and KKR Prisma are to form a Strategic Partnership to create a new liquid alternatives investment firm. As PAAMCO has been fiercely independent and Prisma was acquired by Private Equity giant KKR in 2012 to give growth to its’ liquid alternatives business this has […] Read more »

A Hedge Fund Manager Can Have Too Many Analysts

people istock_000006428830 652x435

By Shinya Deguchi, a Managing Partner at Star Magnolia Capital*   We strongly believe in the fundamental-driven, long-term, concentrated, and active investment approach for both private and public strategies. This includes our buyout, venture capital, public long-only equity and absolute return strategies. As pointed out 46 years ago by journalist Carol J. Loomis (known for […] Read more »

Altin Rewarded For Big Position In Two Sigma Compass

By Hedge Fund Insight staff   The portfolio of ALTIN AG , the Swiss alternative investment company listed on the London and Swiss stock exchanges, is well diversified as it contains 40 hedge funds. That degree of diversification is unnecessary from the academic perspective, but does minimise blow-up risk.  There are, however, a number of […] Read more »

Hedge Fund M&A … Deals Are Flowing

mergers_and_acquisitions_with_frame_657x557

By Madison Street Capital 2016 is gearing up to be one of the most active years in terms of M&A activity for the hedge fund industry. Propelled by the wave of transactions in the fourth quarter of 2015, many positive factors are leading indicators that M&A deal momentum will continue, positioning 2016 to be a […] Read more »

ALTIN’s Board Does It’s Job And Deserves Support

By Hedge Fund Insight staff   The Board of Listed fund of hedge funds Altin AG is under pressure to change the composition of the Board and to pay out a special dividend from retained earnings.  The existing Board has done a good job post Credit Crunch, as these extracts from the EGM Statement show: […] Read more »

Is This What Hedge Fund Replication Is Supposed to Look Like?

TXY Single_Mgr_circle_pinkish_larger_green_back_edited

By Simon Kerr, Publisher of Hedge Fund Insight   When I received the press release headed “IndexIQ Announces December 2015 Performance of Its IQ Hedge Family of Investable Benchmark Hedge Fund Replication Indexes” I thought I would have a look at the (relative) returns. According IQ “the IQ Hedge™ Indexes comprise the first family of […] Read more »

Dull YTD Returns for Most Hedge Fund Strategies – Distressed Funds Lag

From Eurekahedge   Hedge funds continued their recovery in Q4 with the Eurekahedge Hedge Fund Index up 0.88%1 in November while the MSCI World Index2 grew by 0.38% during the month. On a year-to-date basis, hedge funds are up 2.58% while underlying markets as represented by the MSCI World have gained 1.78%. November was dominated […] Read more »

Hedge Funds: Mutually Inclusive, says Neuberger Berman

By Fred Ingham, head of international hedge fund investments, Neuberger Berman   A quiet revolution is happening in hedge funds. Investors continue to allocate to the asset class, but the way they are allocating is changing, while its investor base is growing broader and becoming more inclusive. With both bond and equity markets facing major […] Read more »

Event Driven Down for Year as Hedge Funds Lose for Third Month

From Eurekahedge Pte of Singapore   Hedge funds posted their third consecutive month of losses with the Eurekahedge Hedge Fund Index down 1.75%1in August while the MSCI World Index2lost 6.66% during the month as fears over China’s economic outlook intensified with global equity markets seeing broad based declines. Despite the setback, hedge funds have outperformed […] Read more »

Fee Pressures Are a Hot Button

Fees 2 658 x 483

By Simon Kerr, Publisher of Hedge Fund Insight   Fee pressures are ubiquitous in the hedge fund industry. Pre-Credit Crisis there were fee pressures, but some large and very large managers with capacity-constrained funds and closed to all new capital could not be bullied or argued into fee concessions. In the aftermath of the Credit […] Read more »