Ramius Capital sees net redemptions for 2009 of $3,049 million
| March 15th, 2010 | ||
| Peter Cohen’s Ramius Capital Group, which is the hedge fund management division of Cowen Group, Inc. (NASDAQ: COWN), saw its asset under management fall over 2009 to $7,852 million as of January 1, 2010. According to the company’s press release, the drop can be attributed to 2009 net redemptions of $3,049 million as well as 2009 performance-related appreciation in AUM of $329 million. Ramius Capital also released 2009 full-year returns (net of fees) for many of its hedge funds: Ramius Multi-Strategy Fund Ltd - 8.50% Ramius Enterprise LP fund - 4.92% Low Volatility Multi-Strategy fund of funds - 7.91% Activist Portfolio with Hedging Overlay fund of funds of - 12.03% Ramius Value and Opportunity Overseas Fund Ltd. - 16.88% | ||
For Detailed Investor Profiles on these Investors, click below: |
Ramius Capital Group |
Related People: Jeffrey Smith;
Related Entities: Cowen Group Inc. (NASDAQ: COWN);
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News
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