Industry News

Check out the latest news and insight from the ever-evolving world of institutional investing and hedge funds from around the globe.

Jing Chen has been eVestment’s hedge fund industry news reporter since 2011. To submit industry-related press releases or request feature ideas please contact her at

News Archive

Read More Industry News >

Comac Capital Downsizes Amid Loss

Sep 08, 2013
Jing Chen

Hedge fund firm Comac Capital has fired a third of its employees following nearly two years of investment losses.

The Wall Street Journal reported that London-based Comac laid off 18 employees last month as part of the firm’s “strategic decision” to bring its investment team back to the size that had previously been successful.

Comac’s 9% loss last year and nearly 5% this year prompted investors to redeem a significant amount of money from the firm. The firm now manages just $2.2 billion, down from its approximate $4.8 billion in September 2012.

Founded in 2005, Comac bets on economic and policy decisions around the world through instruments such as debt securities and currencies.




Read More Industry News >

Want to subscribe?

Join 15,000+ of your colleagues to receive daily hedge fund news from the definitive source in traditional and hedge fund data.

Subscribe Now

Hedge Fund Journal Reviews eVestment's Hedge Fund Database

July, 2012

Read More