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 editor@evestment.com

News Archive

Read More Industry News >

London Hedge Fund's AuM Doubles in 5 Months

Oct 07, 2013
Jing Chen

Newly-launched hedge fund firm Canosa Capital is certainly not having any issues building its assets under management.

Bloomberg reported that London-based Canosa, founded by former Rubicon Fund Management executives Tim Attias and Santiago Alarco, more than doubled its assets since it began trading on May 1. Canosa seeks to profit from broad economic trends by trading stocks, bonds and currencies, and has a focus on fixed-income and foreign exchange.

The firm, which managed about $575 million at the end of September, returned 7.5% through August 30 while similar global macro hedge funds fell 3.8% during the same period.

London-based Rubicon filed a lawsuit against Attias and Alarco in 2011, accusing the pair of secretly conspiring to set up a rival firm.

Canosa is backed by Brummer & Partners, Sweden’s largest hedge fund, which provided $250 million in seed capital.

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