FINalternatives

San Francisco’s Galiam Capital Launches Quant Fund

Mary Campbell — Mon, 13 Feb 2012 12:15:52 -0600

Galiam Capital, a San Francisco-based algorithmic fund, launched on February 1 with over $100 million in AUM.

Ex-State Street Exec Joins F-Squared Investments

Mary Campbell — Mon, 13 Feb 2012 12:14:24 -0600

Former State Street Advisors executive Mark Marinella has joined Newton, Mass.-based F-Squared Investments as head of investments.

Direxion Launches Fund Tied To Managed Futures Index

Mary Campbell — Mon, 13 Feb 2012 10:35:28 -0600

Boston, Mass.-based alternative investment manager Direxion has launched a mutual fund that aims to replicate the Auspice Managed Futures ER Index.

Hedge Funds Gain 1.78% In January

Mary Campbell — Mon, 13 Feb 2012 09:37:34 -0600

With event driven strategies leading the way, hedge funds gained about 1.78% in January 2012, trailing the S&P 500 which gained 4.36%.

African PE Firm ECP Names Ndili Head Of Nigerian Ops

Mary Campbell — Mon, 13 Feb 2012 06:44:45 -0600

African private equity firm Emerging Capital Partners has tapped Lionstone Group founder and executive chairman Amaechi Ndili to lead its Nigeria operations.

Bryan Garnier Taps StormHarbour Vet For Euro Equities Fund

Mary Campbell — Mon, 13 Feb 2012 06:32:16 -0600

Paris-based Bryan Garnier Asset Management has hired former StormHarbour Alternative Investments employee Epiphanios Michael as manager for it European equities long/short fund.

Ex-TCI And Citadel Execs. To Launch Hedge Fund

Jon Shazar — Mon, 13 Feb 2012 03:58:34 -0600

Two veterans of two top hedge funds have joined forces to launch a new firm, with as much as US$100 million in commitments more than two months before its expected debut.

Masroor Siddiqui and Bruce Emery have set up Naya Capital. The new firm has already lined up between US$75 million and US$100 million in capital from friends and family of the two men, who formerly worked at The Children's Investment Fund and Citadel Investment Group, respectively.

Hard-Hit Hedge Funds Slam Investcorp

Jon Shazar — Mon, 13 Feb 2012 03:52:12 -0600

Last year was a bad one for hedge fund investors, and global asset manager Investcorp didn't escape the carnage.

Commodity Hedge Fund Vet Kerson Joins Man

Jon Shazar — Mon, 13 Feb 2012 03:51:15 -0600

The Man Group has named a head of commodities of its new Systematic Strategies unit.

Texas Pension Hires Two Hedge Funds

Jon Shazar — Mon, 13 Feb 2012 03:50:01 -0600

The Texas County & District Retirement System has added a pair of hedge funds to its portfolio, spending $305 million of $885 million recently set aside for the asset class.

SkyBridge Co-Chief Prince Leaves Firm

Jon Shazar — Mon, 13 Feb 2012 03:48:56 -0600

After four-and-a-half years running SkyBridge Capital Management alongside founder Anthony Scaramucci, Scott Prince has left the firm.

Hufton Out At Sloane Robinson

Jon Shazar — Mon, 13 Feb 2012 03:48:11 -0600

Michael Hufton has left hedge fund Sloane Robinson as his fund reaches a likely endgame.

HazelTree Picks Fir Tree's Rawal As CTO

Jon Shazar — Mon, 13 Feb 2012 03:47:29 -0600

HazelTree Fund Services has a new head of technology.

Hedge Fund Manager Arrested For Insider-Trading

Jon Shazar — Fri, 10 Feb 2012 12:04:48 -0600

Doug Whitman surrendered to the Federal Bureau of Investigation in New York this morning, the 64th person charged in a series of government insider-trading probes.

Mid-sized FoFs Saw AUM Rise In 2011

Mary Campbell — Fri, 10 Feb 2012 10:21:30 -0600

Mid-sized fund of hedge funds managers—those with $1 billion to $5 billion under management—saw their AUM rise 10%, on average, in 2011, according to the latest numbers from Preqin research.