Jabre Capital Partners’ Founder Sees Momentum in Depressed Sectors
| May 4th, 2010 | ||
| Philippe Jabre, founder of Jabre Capital Partners and former co-founder of GLG Partners, believes that investors are excessively risk-averse and is bullish on several beaten-down sectors including technology, autos, energy and industrial. The famed arbitrage investor believes that “it is a dream market for a stock picker”. Jabre also sees momentum in Spanish and Italian banks. Jabre Capital Partners’ flagship fund, Jabcap Multi-Strategy, will close to new investors for 2 years once it reaches $2.5 billion in assets in order to prevent the fund from reaching an unmanageable size. Jabre made headlines when it moved its operations from London to Switzerland to take advantage of the country’s advantageous tax rates. Switzerland has instituted several incentives in order to lure hedge funds, including BlueCrest Capital Management and Brevan Howard Asset Management. | ||
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For Detailed Investor Profiles on these Investors, click below: |
BlueCrest Capital Management |
Brevan Howard Asset Management |
GLG Partners |
Jabre Capital Partners |
Related People: Alan Howard;
Related Entities: BH Global;
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News
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