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    List of Latest Hedge Funds

    Artemis Launches Hedge Fund to Invest in Silver
    March 1 2007 (Bloomberg)
    Charles Supapodok, who has traded silver for six years, is seeking to raise a $300 million hedge fund to invest mainly in the precious metal after its spot price tripled since 2003.

    F&C to launch Event Driven fund
    1st March 2007 Investment Week
    F&C is to launch the F&C Event Driven fund, a closed-ended fund of hedge funds aimed at private client managers, institutional investors and intermediaries.

    Ajay Kapur Quits as Citigroup Strategist to Start a Hedge Fund
    Feb. 28. 2007 (Bloomberg)
    Ajay Kapur, who was in charge of worldwide stock strategy at Citigroup Investment Research, left to create a hedge fund called First Horse Capital in Hong Kong.

    Janus Subsidiary Intech Launches Long/Short Fund
    Feb. 28 2007
    Janus Capital Group Inc. subsidiary Enhanced Investment Technologies LLC (INTECH), today announced the launch of its Collared Long/Short (120/20) strategy, which will be available to both U.S. and non-U.S. institutional investors.

    Standard Asset Management starts hedge fund
    Feb 27, 2007. Bloomberg
    LONDON: Standard Asset Management, a money manager owned by Standard Bank Group and based here, said Monday that it had started a hedge fund that would invest in bonds and make bets on economic trends and company takeovers in emerging markets.

    Integre Advisors Launches Offshore Fund
    NEW YORK, Feb. 27. 2007
    Integre Advisors, the asset management firm that invests in companies that it believes are attractively valued and temporarily out of favor, is launching the Integre Offshore Fund, announced Emanuel Weintraub, Integre's Founder and Managing Director. Integre Advisors has developed the new fund in response to demand from European investors seeking to benefit from the firm's historic investment performance on behalf of wealthy individuals and family offices in the United States.

    Axa Framlington plans global long-short fund for '07
    26th Feb 2007. InvestmentWeek
    Axa Framlington has hired Mark Tinker as global equity portfolio manager with a view to launching a global long-short fund early this year. Tinker will develop a new global equity proposition, taking a top-down investment approach.

    MatlinPatterson launches $500 mln hedge fund
    Feb 22 2007. Reuters
    MatlinPatterson LLC, a private equity fund that specializes in taking controlling positions in distressed companies, has launched a $500 million hedge fund. The new Distressed Opportunities Fund is the first hedge fund founded by investors David Matlin and Mark Patterson, former distressed debt specialists at Credit Suisse Group.

    Former Springhouse Analyst Launches L/S Fund
    Feb 15, 2007 FINalternatives
    Eric Reiter, a former equity analyst for long/short value shop Springhouse Capital, has launched Lilburn Capital, an equity value long/short offering.

    F&C hires fixed income hedge fund team
    February 13, 2007. Reuters
    F&C said it will launch a global diversified fixed income hedge fund, called the F&C Tourmaline fund, for the three senior hedge fund managers -- Sanjay Joshi, Rabbani Wahhab and Mario Nicolaou -- and quantitative analyst Shilen Shah.

    Knowledge Investment Partners Successfully Launches Second Hedge Fund with over $50mm
    February 13, 2007
    CLEVELAND--Knowledge Investment Partners (KIP) announced that it has launched the KIP Presidium Fund L.P. with over $50mm from major institutional investors and over $100 million already committed to the fund. KIP manages the only dedicated hedge funds focused on the education sector and also has a separate private equity arm.

    Artradis opens Russian hedge fund
    8 February 2007. AsianInvestor
    Singapore-based Artradis Fund Management has set up a new hedge fund named Artradis Russian Opportunities Fund. The fund will charge 1.5% management and 20% performance fees, and starts with assets of $14 million as a joint venture between Artradis and Russia-based Martin Diggle. In addition to Russia, the fund is likely to have exposure in Ukraine and will also look at Kazakhstan.

    Augustus Launches Offshore Long/Short Vehicle
    February 6, 2007. FINalternatives
    Harrison, N.Y.-based Augustus Advisors, a registered investment advisor and affiliate of Augustus Capital, an NASD broker-dealer, recently launched the Augustus MJK Offshore Fund, a Bahamas-domiciled version of its Augustus MJK (Domestic) Fund.

    Northern Trust Launches '130/30 Long-Short' Strategy
    CHICAGO, Feb. 6
    Northern Trust Global Investments (NTGI), the multi-asset class investment management business of Northern Trust, has launched a Quantitative 130/30 Core Equity Strategy, which seeks to outperform the Russell 1000 Index by applying a multi-factor investment process and disciplined, risk-controlled approach.

    Ex-Credit Suisse Team Launches Advisory Group
    Feb 2, 2007. Daily News
    The former head of Credit Suisse's funds of funds business along with several other top officials from Credit Suisse's Hedge Fund Investment Group.

    Morgan Creek hedge fund set to launch $1 bln fund
    Feb 2, 2007. Reuters
    Morgan Creek Capital Management, a $4 billion hedge fund group partly held by legendary investor Julian Robertson, expects to begin raising another $1 billion fund in the first quarter.

    Former Boyz II Men Producer To Launch Tech-Focused Hedge Fund
    February 1, 2007. FINalternatives
    The long/short fund, which aims to have $20 million in initial capital, will focus on investing in U.S. technology and biotech healthcare concerns.

    Harcourt launches Belmont Latin America Ltd
    February 01 2007. HedgeCo.net
    Harcourt Investment Consulting AG has launched Belmont Latin America Ltd, a fund of hedge funds fully dedicated to a Latin American investment focus.

    Traunche Launches Global Long/Short Fund
    February 1, 2007. FINalternatives
    The Traunche Global Micro Fund began trading last night on the Hong Kong market, according to founder Evan Vaughn, with $7 million in initial capital.

    AFM launches UK fund-of-funds product
    31 January 2007. Reed Business Information
    Australian Funds Marketing is to launch UK hedge fund manager Fortune Group’s fund-of-funds product in Australia.

    Investcorp, WMG Launches Asian Long/Short Fund
    January 31, 2007. FINalternatives.
    London-based WMG and Investcorp, a global alternative investments shop, on March 1 will launch the WMG Asian Equity Fund, a long/short vehicle, according to Paresh Shah, WMG’s COO and CFO.

    SVG to launch hedge fund
    31 Jan 2007. eFinancialNews.
    SVG Investment Managers, a London-listed company closely associated with buyout firm Permira, has launched an absolute return fund.

    SciVest Launches Cayman-Based Global Net Short Equity Fund
    Jan. 26 /CNW
    The SciVest Group of Companies is pleased to
    announce the launch of the Cayman Islands based SciVest Global Net Short
    Equity Fund (the "Offshore Fund").

    Former Merrill Lynch Executive Launches Hedge Fund Shop
    January 29, 2007. FINalternatives
    Judah Kraushaar, former head of global financial institutions equity research at Merrill Lynch, on Jan. 16 launched Roaring Brook Capital, an equity long/short shop with an “emphasis on rigorous research and value/"growth at reasonable price,”

    Jupiter plans hedge fund for Ehrmann
    Jan 26, 2007. Reuters.
    Jupiter Asset Management is planning to launch a hedge fund for top-performing fund manager Philip Ehrmann and may also launch a "green" hedge fund, the company said.

    Hedge fund of funds created by Old Mutual
    December 28, 2006. Pensions & Investments.
    Old Mutual Asset Management started a hedge fund of funds that invests with new and small managers. Managed by OM subsidiary Larch Lane Advisors, the Old Mutual 2100 Emerging Managers.

    Montanaro Launches Maiden Hedge Fund, Targets Retail Investors
    January 2, 2007. FINalternatives.
    U.K.–based Montanaro Fund Managers today launched its first hedge fund, the Montanaro Absolute Return Fund, with EUR10 million (US$13.2 million) in assets. The Irish Stock Exchange-listed vehicle is an equity long/short fund that will invest in European small-cap companies and is aimed at retail investors.

    Logan Equity Partners Announces Launch of Asset Backed Hedge Fund
    January 18, 2007
    The Logan Asset Backed Fund, L.P. uses a conservative valuation strategy to make asset backed loans and targets returns with extremely low volatility and a minimal correlation to U.S. equity, fixed income and real estate markets.

    Signet to launch hedge fund of funds
    16 November 2006. Citywire Financial Publishers Ltd.
    Signet Capital Management, the fund of hedge funds provider, is to launch its first closed-ended fund next week, which will invest in hedge funds that trade debt globally, such as government and corporate debt.

    America to launch first hedge fund run solely by women
    08/11/2006. The Business
    The first fund to invest in hedge funds solely run by women is about to be launched in America as new analysis claims that they perform better than funds run by men. The Business can reveal that Pomegranate Capital, run by chief executive Susan Solovay, has identified 250 female hedge fund managers across the world and has gained backing from the Monaco-based Safra family and Fortress, the private bank.

    Former Secretary of State Madeleine Albright Starts Hedge Fund
    Zeist, 18 January 2007
    PGGM, Dutch pension fund for the healthcare and social work sector, has entered into a comprehensive relationship with Albright Capital Management, LLC ("Albright Capital") for a long term, multi-asset class, investment in emerging markets. PGGM, as Albright Capital’s Strategic Investor, will invest $329 million (€250 million) with an absolute return objective.

    Pamplona Capital Management Launches an Emerging Market Fund of Hedge Funds
    3 October 2006
    Pamplona Capital Management LLP launched an Emerging Market fund of hedge funds ("Pamplona FOF EM Limited") on 1 October 2006. Pamplona FOF EM Ltd. will target long term returns of between 15% and 20% with a target annualized monthly volatility of below 10%. The fund has secured committed investments from institutional investors of USD85m.

    Energy & Environment Capital Management Teams with Coastal Partners to Launch Offshore Fund of Funds in Energy and Environment
    August 30, 2006
    Energy & Environment Capital Management LLC (EECM) and Coastal Partners, Ltd. have joined forces to launch an offshore version of the Energy & Environment Fund, a fund of hedge funds that seeks to provide superior returns with lower volatility and risk. EECM already manages the onshore version of the fund.

    Argent Financial Group announces launch of first DIFC-domiciled hedge fund
    22 August 2006
    The Constans Crescent Investment Fund is one of the first hedge funds focused on investment opportunities in the "Crescent Belt" of Islamic countries stretching between Morocco and Pakistan, including the GCC and North Africa.

    Henderson launches fund of hedge funds
    17 August 2006
    Henderson Global Investors, the independent asset manager with over US$116 billion assets under management, will launch the Henderson Total Return Fund on 01 September 2006. Managed by Bill McQuaker, director of Multi-Manager funds, the Fund will invest in a range of nine Henderson managed hedge funds*, including some of the funds currently capped, and have a target return of 12-15%.

    EIS Launches Unique Hedge Fund
    CHARLOTTESVILLE, Va. June 12, 2006
    Enhanced Investment Strategies LLC, announced the launch of its new fund, the PNM Capital Preservation Fund. "It is a unique fund," said Dr. Sanjiv Bhatia, the Chief Investment Officer of EIS, "because it has the safety characteristics of a fixed income fund and the return potential of a hedge fund."

    BluMont Capital Launches BluMont Core Hedge Fund
    TORONTO, ONTARIO. Jun. 12, 2006
    BluMont Capital Inc. ("BluMont") (TSX VENTURE: BCC) is pleased to announce that it has launched the BluMont Core Hedge Fund (the "Fund") - a single manager long/short equity fund with a North American focus.

    Mellon Global Alternative Investments Launches Mellon Credit Opportunities Fund
    LONDON 1 June 2006
    Mellon Global Alternative Investments Limited (MGAI), a UK alternative asset management subsidiary of Mellon Financial Corporation, has announced the expansion of its fund of hedge funds range with the launch of the Mellon Credit Opportunities Fund. The fund launched on 3 April 2006.

    Former Enron trader to launch energy hedge fund
    17 May 2006. eFinancialNews
    Trident Asset Management, a Dallas-based hedge fund firm started by former Enron executive Jeff Shankman, plans to launch its first fund on June 1. Shankman's firm is looking to launch an equity hedge fund focusing on energy stocks. The firm is currently raising assets for the fund, which could launch with as much as $500m

    Global Crown Capital Launches Nanotechnology Hedge Fund
    SAN FRANCISCO, Calif – March 7, 2006
    Global Crown Capital, LLC ("GCC"), a full-service boutique investment firm, today announced the launch of the industry’s first nanotechnology hedge fund and venture fund in the US. The fund is aptly named ‘The First Nanotechnology Fund’ ("FNF") and is designed to serve as an investment tool for accredited investors to capitalize on the growth – both short and long term - in companies in a broad range of industries (including Healthcare, Drug Development, Defense, Chemical and Electronics) involved in activities commonly referred to as Nanotechnology.

    Shore Capital launches first Hedge Fund
    2 Sep 2005
    Shore Capital, the listed independent investment banking group based in London and Liverpool, announces today that it is launching the Puma Theta Fund, a Volatility Arbitrage Hedge Fund, on 3 October 2005. The fund will be listed on the Irish Stock Exchange.

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