Dyal Capital Set to Invest in Hedge Funds with $1.28 Billion in assets

December 17th, 2012
| More
The underperformance of hedge funds these past few years is not deterring institutional investors from handing over more than a billion dollars to Dyal Capital Partners to find the top performers in 2013. According to Reuters, Dyal Capital Partners has attracted more money than they were targeting from at least 40 global institutional investors to establish a private equity fund that will invest in a basket of hedge funds.

Neuberger Berman, which has been tagged to manage the fund, has already taken minority stakes in two hedge fund firms thus far, and it expects to add 10 to 13 more hedge funds in the next two quarters. Dyal Capital Partners, joins Blackstone Group and Goldman Sachs in this niche market once dominated by banks which have largely abandoned it due to increased regulation and poor returns.
For Detailed Investor Profiles on these Investors, click below:
Nautical Capital Management
Related People: David Henritze; Raymond T. Murphy; Ryan Carrier
Related Entities: Nautical Capital Active Commodity Index; Nautical Capital Active Commodity Strategy
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Hedge Fund Launches and Hedge Fund Closings

More Recent Headlines

Kenneth Goodreau Joins TIG Advisors as Chief Investment Officer

Top Small- & Mid-Cap Focused Hedge Funds surpass $125 Billion Mark

Paul Singer’s Elliot Management Corp. Targets Emulex Corp. with 11% Stake

CEO Peter Clarke Leaves Man Group on a Down Note

Pinnacle Asset Management, L.P. and Dyal Capital Partners Announce Acquisition of Minority Interest

Veteran Bank Traders set to Launch Cogent Energy Investment Management

Bill Hwang and Tiger Asia Pay Record Settlement in SEC Insider Trading Case

Hedge Fund Closings on the Rise, Again: Kleinheinz Capital, Edoma Partners, Ridley Park, Apson Capital, and Weintraub Capital

Asset management & the future Global Pension Crisis

Alphabet Management to change name to Saiers Capital LLC; Rewards Nelson Saiers following Strong Performance