By Susan Barreto, Editor of Alternatives Watch
At Alternatives Watch, we have spent the first week of the New Year looking in the rearview mirror in a bid to understand what trends may spill over into 2021.
The team has also ranked (see below) the most read hedge fund stories from 2020, offering a glimpse of what may play out in the coming months.
Areas such as healthcare focused strategies and long/short equity funds are expected to be popular too as they have been in the recent years as well. The return of in-person meetings and conferences are uncertain as the industry like so many others deal with the ongoing COVID-19 pandemic.
Looking back at the year that was in hedge funds, it is now clear that the number of hedge fund launches rose as investment gains boosted 2021 prospects.
AW Top 10: Hedge funds
Salem Abraham has spent the pandemic just like the rest of us quarantined at home. But his newly reinvented investment business spans across a lot more investment real estate — and that is saying something for this Texas ranch owner and friendly neighbor to the late T. Boone Pickens.
The $57 billion alternative investment firm GCM Grosvenor became a public company through a merger with CF Finance Acquisition Corp., a SPAC sponsored by Cantor Fitzgerald, in a deal valued at $2 billion.
As third-party marketing teams and capital introduction executives are rethinking how they work, it isn’t simply a move to a home office and emailing potential hedge fund investors from the comfort of their living room.
The pressure to find high-performing strategies and managers has never been greater, and in recent months the tools to do just that have mushroomed into a cottage industry.
Saba Capital Management may be the only hedge fund posting double-digit returns in most of its strategies for both March and 2020, with the flagship fund returning 67% so far in 2020.
The $60 billion Los Angeles County Employees’ Retirement Association (LACERA) revealed finalists in the hedge fund emerging manager separate account mandate and for dedicated managed account services.
Three senior partners formerly of Lowenstein Sandler have struck out on their own with almost the entire group of attorneys and paralegals that formerly made up the securities litigation group at the storied New York law firm.
Cambrian Asset Management has hired hedge fund industry veteran Tony Fenner-Leitao to lead its growing quantitative digital asset management business as president.
The power of accessing hedge fund managers in their early years is undeniable, as is the reality that meeting face-to-face with potential allocators is not likely to happen again until next year.
For hedge fund investors, diversification feels a bit like a zero-sum game or at the very least a 50/50 shot when it comes to making gains so far in 2020.