Hedge Funds Salvage 2021 Gains as Private Investments Shine (Bloomberg)
Senvest, Impala and SRS are among the year’s top performers. Melvin, Rokos and Alphadyne among firms with steepest losses. For some of the world’s largest hedge funds, private equity ended up making — or saving — the year, and they’re betting that will be the case again in 2022. Those with big holdings in non-public enterprises were rewarded in 2021 as a record number of companies debuted on U.S. exchanges, allowing the asset managers to realize gains.
How Viking Global Became the Top Place to Work for Traders Looking to Launch Their Own Hedge Fund Funds (Business Insider)
Seven Viking Global alums have started their own funds in the past three years, with one more on the way. It’s an unusual level of launch activity for the industry — raising questions about Viking’s “DNA.” Industry insiders explain what makes managers who grew up at Viking so enticing to investors. It’s the age-old problem for entrepreneurial traders looking to launch their own funds: You can’t build a track record without money, but it’s hard to raise money without a track record.
Hedge Fund Giant Bridgewater Associates Looks to Diversify Recruiting with New Fellowships (CT Insider)
WESTPORT — Bridgewater Associates is launching a fellowship program aimed at diversifying its future talent pool by offering an introduction to financial services and networking opportunities to first-year college students from groups underrepresented in the industry. The Westport-based firm’s Rising Fellows initiative focuses on students of color, women and members of the LGBTQ+ community.
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Texas Hedge Fund Reaps Profits with Convexity Strategy (Opalesque)
Texas hedge fund manager Lavaca Capital is reaping profits from a strategy that is impeccably tailored for his family office investors; a convexity strategy that aims to outperform the S&P 500 index in extreme markets through the use of options. Scott Phillips, founder and CIO of Lavaca Capital, will be presenting at the Small Managers – Big Alpha Episode 6 webinar on January 11th, 2022.
Hedge Fund Manager Infrastructure Capital Advisors Launches New Actively Managed Equity Income ETF (Hedge Week)
Infrastructure Capital Advisors (InfraCap), a manager of a series of hedge funds and ETFs has launched the InfraCap Equity Income Fund ETF (NYSE Arca: ICAP). ICAP is an actively managed ETF overseen by portfolio manager and InfraCap Founder & CEO Jay D Hatfield. ICAP will primarily invest in equity securities of companies with a strong track record of paying dividends during normal market conditions. ICAP is an actively managed ETF overseen by portfolio manager and InfraCap Founder & CEO Jay D Hatfield. ICAP will primarily invest in equity securities of companies with a strong track record of paying dividends during normal market conditions.
