Och-Ziff Capital, Passport Capital and others see large inflows as Hedge Fund Industry Stabilizes
| February 18th, 2010 | ||
| Investors are pouring new money into some hedge funds as the industry stabilizes after record losses in 2008. A recent MarketWatch article states that Och-Ziff Capital Management Group (NYSE: OZM), a hedge fund firm attracting attention from large institutions like pension funds and sovereign-wealth funds, has seen $650 million of inflows already this year. The multi-strategy hedge fund manager, which is run by Daniel Och, also received over $300 million from investors during the fourth quarter of 2009. San-Francisco based hedge fund Passport Capital, which is run by John Burbank, saw inflows of $124 million last December and $361 million this January, increasing its total assets under management to $2.7 billion. According to Peter Laurelli, vice president of HedgeFund.net, early estimates indicate about $4.5 billion in net inflows for the industry in January. | ||
See Source | ||
For Detailed Investor Profiles on these Investors, click below: |
Och-Ziff Capital Management |
Passport Capital LLC |
Related People: Andrew Seligson;
Related Entities: Passport Capital Rig;
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News
Add a Comment |
More Recent Headlines
Wall Street Firms, Hedge Funds, Recruit CIA, Ex-Military Intelligence |
Raising Assets in 2010: What emerging hedge funds and fund of hedge fund managers need to know |
Shareholder Activist Update: Perceptive Advisors, Tang Capital, & MMI Investments |
Quotient Investors Unveils New ESG Strategy |
John Paulson's new Gold hedge fund loses 14% in January |
Permian Investment Partners’ Cara Goldenberg dines with Warren Buffett |
D.E. Shaw & Co launches unit to invest in Distressed Side Pockets |
Kent Muckel joins Perella Weinberg Partners’ asset management business |
What is an activist investor? |
Investing with China-based Hedge Funds: Problems and Solutions |
