Does loyalty lie with the lawyer or the law firm?
Big changes were afoot in the London hedge fund legal scene last week, after New York-based Akim Gump swooped on Simmons & Simmons
20/01/2010
Former Perry Capital partner sets up fund
Carl Berg, formerly of Perry Capital, is in the process of starting a hedge fund, HFMWeek has learned.
According to reports, Berg, a longtime partner at Perry, resigned in 2008 after the firm's US equity business was the worst performing sector in 2007. It was down 1.7% in 2007 and dipped almost 3% in the first quarter of 2008.
Berg is not the only former Perry Capital employee to set up a hedge fund recently. Steve Geskos, who also worked for Richard Perry, is in the process of launching a hedge fund. The fund, MissionPoint Capital Partners, is a long/short equity strategy based in Connecticut.
- Share
-
Text Size
Decrease text size
Increase text size
Editor's view: 8 February 2012
Speculative moves, a perceived landgrab and a potential bidding war in the hedge fund sector have all opened up in recent weeks
Comment: Julian Korek
"Advisers need to be analysing key considerations and determining where they fall in the spectrum of SEC registration; no easy task given the scope of the legislation"
Investor demand for CTAs is on the rise, says Agecroft Partners
Agecroft Partners is seeing widespread demand from institutional investors for Commodity Trading Advisors (CTAs), which is a dramatic change from the historical reluctance of many institutional investors and their consultants to allocate to this strategy.
Read More29/02/2012
UK: Open Protocol: The Challenge and Opportunities of Standardising Hedge Fund Risk Reporting
Join us and our panel of experts for HFMWeek's Subscribers' Club February's UK breakfast briefing…
29/02/2012
US: Endowments and Foundations in Hedge Funds
The next US HFMWeek Subscribers' Club breakfast, will take place on Wednesday February 29. Join…
02/02/2011
European Hedge Fund Services Awards 2012
HFMWeek's European Hedge Fund Services Awards are designed to recognise companies that have outperformed...
Be the first to comment on this article!