Navroz Udwadia’s Falcon Edge Capital, Middle Office Outsourcing

Falcon Edge Capital to Launch 2012, Founded by Ex-Blue Ridge/Eton Park Pair (Opalesque)

A new fund management venture from a founding member of Blue Ridge Capital and a key player in Eton Park’s investment team is “set to be one of the largest launches of 2012”, according to a number of London-based prime brokers, HFMWeek can exclusively reveal. Falcon Edge Capital, which will open in Q1 2012, is the product of a partnership between ex-Blue Ridge partner Rick Gerson and Navroz Udwadia, a London-based emerging markets specialist formerly with Eton Park Capital Management.

John-Griffin2-e1353509650950

Axa Launches Tail Risk Hedge of Hedge Funds (Opalesque)

An asset management company is set to launch what it believes will be the first fund of hedge funds strategy to focus on tail-risk funds, which it hopes will make money in a downturn without making losses most of the rest of the time. Axa Investment Managers, part of the French insurer, has tried to solve the problem of there being only a few tail-risk hedge funds by persuading regular hedge fund managers to construct a tail-risk portfolio especially for Axa, according to Francisco Arcilla, global head of hedge funds at Axa.

Northern Trust Introduces Northern Global Tactical Asset Allocation Fund (Opalesque)

Northern Trust announces that it has opened its Northern Global Tactical Asset Allocation Fund to individual investors. The competitively priced fund of funds seeks to provide long-term capital appreciation and current income. It is designed for long-term investors seeking diversification among various traditional and alternative asset classes, including domestic and international stocks; investment grade and high yield bonds; real assets such as natural resources, gold and global real estate; and cash.

General Atlantic and Robert Bass Buys Minority Stake in Oak Hill Advisors (HedgeWeek)

General Atlantic LLC, Robert M Bass, and senior management have made an investment in Oak Hill Advisors and purchased a minority stake held by iStar Financial, Inc. The transaction increases the management team’s majority interest in Oak Hill Advisors and, with Bass, brings GA, a leading global growth equity firm, as a minority investor into the company. Bass co-founded Oak Hill Advisors’ first investment fund and has maintained a strategic relationship with the firm since its formation.

Phoenix Fund Services to Provide Middle Office Support for Coppertree Dynamic Fun (HedgeWeek)

Phoenix Fund Services has won the contract to provide the middle office, fund accounting and transfer agency services for the Coppertree Dynamic Fund. The Coppertree Dynamic Fund is a Bermuda domiciled fund with an absolute return investment objective through investing in special situations. These may include directional trades, as well as relative value and event driven plays. The basis for alpha generation is extensive market experience, combined with ongoing in-depth research.

Maples Fund Services Expands Middle Office Capabilities (HedgeWeek)

Maples Fund Services has expanded its middle office capabilities with the launch of consolidated reporting for institutional investors. This expansion will enhance the ability of investment teams to actively monitor and manage the sophisticated investment strategies needed to achieve superior risk-return ratios.

Nordic Hedge Fund Managers Make Case for Region (Opalesque)

London-based Alvine Capital and Citi recently hosted a seminar in London where over 100 delegates heard a panel of four Nordic managers making the case for investing in the Nordic region. The arguments for why the region is a bright spot in an otherwise fairly bleak European investment environment included: Strong public finances, Strong, stable GDP growth, Low unemployment, Healthy exports and industrial output, Well-capitalised banking sector, Exposure to emerging markets and World-class global companies.

Aksia Rehired by Ohio School Employees Retirement System (Opalesque)

Ohio School Employees Retirement System, Columbus, rehired Aksia as hedge fund consultant for the $10.6 billion plan, confirmed Tim Barbour, a fund spokesman, in an e-mail. Trustees accepted the recommendation of investment staff to renew Aksia’s contract for five more years, Mr. Barbour wrote. Aksia was first hired to provide hedge fund consulting services in 2007 under a three-year contract with two optional one-year extensions, according to a memo to the retirement board from the hedge fund consultant search team that was obtained by P&I Daily.

Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

Most Expensive Animals in the World

Most Expensive Specialty Crops in the World

Movies That Took Ages to Make

The Longest Hollywood Films Ever Made

Most Expensive Concert Stages

The Richest Bands of all Time

10 Most Corrupt Countries 2013 List

10 Countries with the Highest Quality of Life Index

Most Expensive Mattresses in the World

5 Smallest Countries by Land Area

The Ultimate Heartbreak Songs

Richest Teenagers in the World

10 Most Haunted Places in America

10 Best Places to Retire in Florida East Coast

Top 10 Places to See Before You Die

Top 8 Countries in the World Where Justice Prevails

10 Richest States in America

15 Wealthiest Countries in the World

Richest Singers in the World

Most Expensive Tasting Menu in New York City

Most Expensive Baby Items in the World

Most Expensive Hotel Suites in Vegas

Most Expensive Brunch in New York City

Most Expensive Beef Cuts in the World

25 Best Colleges to Get a Job

Top 10 US Supermarkets

The 25 Most Dangerous Cities in the World to Visit

Most Expensive Xbox Games

Top 11 Cities Where Billionaires Live

Top 10 Most Charitable Companies in America

Most Expensive Seafood in the World

The 10 Wildest Conspiracy Theories

The 10 Best Job Markets in the US

Top 10 Accounting Scandals of All Time

The 25 Biggest Cities in the World

Top 10 Best Paying Virtual Jobs

Most Expensive Leather Shoes in the World

Top 6 Things to Buy in March

The 10 Most Stressful Jobs in America – 2014 List

Top 10 Jobs for Introverted People

Top 10 Honeymoon Destinations in the World

Top 10 Highest Paying Jobs in the World

Most Expensive Day-Care in New York City

The 10 Cheapest Places to Retire Abroad

Top 10 Most Expensive Luxury Cars in the World – 2014

Killer Small Business Ideas

The 50 Best Personal Finance Blogs

Most Expensive Apartments in New York City

Bloodiest UFC Fights Ever Fought

Most Expensive Rum Brands in the World

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!