Comment: Chris Sullivan
The hedge fund industry has always had a bit of a schizophrenic relationship with the media, particularly here in the US
Against the backdrop of difficult market conditions and growing investor…
28/09/2011
Moab Partners, the New York-based event-driven hedge fund started by Perry Capital veterans Michael Rothenberg and David Sackler, has scored its first institutional investor allocations this quarter, taking its total assets under management close to $300m firm-wide, HFMWeek has learned.
According to a source familiar with the plans, US insurance companies were among the institutional investors, making this allocator group 10% of firm’s AuM, trailing family offices and funds of hedge funds, which account for 60% and 25% of assets respectively.
The inflows come on the heels of recent reports that the hedge fund industry is set for continued inflows despite a run of poor performance. The latest Preqin investor study from July revealed that investors are preparing to allocate between $125bn and $195bn in the next 12 months.
07/06/2012
Join us and our panel of experts for HFMWeek's Subscribers' Club June's UK breakfast briefing, 'Impact…
31/05/2012
The next US HFMWeek Subscribers' Club breakfast, will take place on Thursday May 31. Join us and…
02/02/2011
HFMWeek's European Hedge Fund Services Awards are designed to recognise companies that have outperformed...
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