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
08/09/2010
New Mexico PERA adds two new hedge funds
The New Mexico Public Employees Retirement Association (NMPERA) has approved investments in two London-based hedge funds for an ongoing search.
The $10.5bn pension allocated $25m to Capula Global Relative Value Fund, a fixed income arbitrage hedge fund; and $20m to COMAC Global Macro Fund, a global macro hedge fund, both for its absolute
return
portfolio.
Jason Goeller, hedge fund officer at NMPERA, told HFMWeek last month that the pension fund was looking to add five new managers: a new market neutral fund, a new multi-strategy fund and three new global macro funds.
At $4.9bn in assets, Capula is the world’s largest relative value fund and was up 6.73% for the year at 31 July, according to data submitted to BarclayHedge.
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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.
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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…
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European Hedge Fund Services Awards 2012
HFMWeek's European Hedge Fund Services Awards are designed to recognise companies that have outperformed...
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