News

GSO and Aurelius alleged to be gaming CDS market

Solus files lawsuit against GSO and Hovnanian over so-called “sham payment default.”


Glenview, Tiger Global up double digits in 2017; Carlson, Tudor falter

80% of funds in the Absolute Return database finished positive, though gains were not evenly spread.

Insurance-linked securities reward fund managers in retrocession market

Some parts of the retrocession market saw a rate increase of around 20%, but no loss returns were more muted



Following active year, Fir Tree ‘disappointed’ by performance

The $8.2 billion firm, which has come under scrutiny for its involvement in Puerto Rico’s bankruptcy, added to its debt holdings.


Fir Tree promotes managing partner, transfers ownership

The firm expects founder Jeffrey Tannenbaum to cede leadership in mid-2020.


Ellington Management founder Michael Vranos to offer keynote address at AR Symposium

Leading allocators from Gapstow Capital Partners, Spruce Investment Advisors, Neuberger Berman and Mesirow Advanced Strategies to appear at the March 8 event in New York City.


Save the date for the upcoming Absolute Return Symposium (Mar 8, 2018)

The Symposium brings together leading managers and investors from across the globe.


Awards Nominations (Round 2): Don’t be left out

How to ensure you are considered in the second round of nominations for the annual Absolute Return Awards.


Government employees fight Aurelius’ motion to dismiss Title III bankruptcy proceedings

Two groups representing government employees have submitted objections to Aurelius’ motion to dissolve bankruptcy proceedings in the landmark case.


New Mudrick strategy clips coupons, aims for lower returns

The offering, which invests in senior debt, received $150 million from the Massachusetts pension system in November.


Point72 filings disclose details of hedge fund offering

The firm, which will charge both management fees and so-called ‘pass-through expenses,’ uses large amounts of leverage.


Flattening yield curve is a “flag”, but there is no need to panic

A flattening yield curve has historically indicated trouble ahead, but is this time different?


Did you launch a new fund in 2017? Don’t be left out of our new funds roundup

The bi-annual research piece will track the progress of new funds launched by new and existing firms.




Och-Ziff continues to suffer redemptions despite stellar performance

Dan Och’s firm may see more investors flee as the alleged African bribery scheme hits the headlines once again.


Third Point gains more than 18%, outpacing peers

Funds run by Bill Ackman and David Einhorn failed to keep up in a positive year for event driven managers.


Former Conatus consumer head Mokari to manage at least $150 million

Mokari’s Emerson Point Capital will invest long and short in media and technology companies.


Recent extreme weather events revive interest in reinsurance market

Nephila reopens to new investment for first time in four years.


Quantitative Maverick funds stumbled last year before banner 2017

Founder Lee Ainslie is raising $1 billion for the funds as performance in the main strategy continues to suffer.