HFR: Macro shines in March with 2.1% gain

The HFRI Fund Weighted Composite Index lost 5.9% in March. Macro gains were offset by declines in other strategies as [Read More]
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Assets Raised/Launches: Covalis targets $500M fund

More managers are launching new funds to take advantage of market dislocations created by COVID-19. As previously reported, Baupost, Citadel, [Read More]
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Fewer new funds offer founder share classes

Seward & Kissel’s 2019 New Hedge Fund Study finds that only 44% of new hedge funds offered founders’ share classes [Read More]
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Assets Raised: Deerfield Healthcare venture capital fund raises $840M

Deerfield Management Company announced it raised $840 million for the Deerfield Healthcare Innovations Fund II, a venture capital fund which [Read More]
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Texas Employees allocates $100M to Apollo Group

Texas Employees Retirement System, which oversees $29.2 billion, allocated $100 million to Apollo Group’s Apollo Credit Strategies Fund, a long/short [Read More]
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