Top Hedge Fund Firm Launches of 2009 raised over $3 billion

January 21st, 2010
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A number of new hedge fund firms were launched in 2009 as investors showed an appetite for emerging managers with strong pedigrees. While most years in recent memory were crowded with $1 billion launches, 2009 only saw one. In this report, HedgeTracker profiles the largest hedge fund firm launches of 2009, launching with a combined $3,185 million in assets under management.

The most successful launch of 2009 was Roc Capital Management with $1 billion in assets under management (AUM) at the time of launch. Roc Capital is a quantitative focused hedge fund manager that is run by Arvind Raghunathan and members of his former prop trading team at Deutsche Bank. $500 billion of the firm’s initial AUM was seed money that was provided by Deutsche Bank.

Tyrus Capital LLP was the second largest hedge fund firm launch, coming in with $800 million of AUM. The hedge fund pursues a global event-driven strategy and is run by Tony Chedraoui, former head of global event-driven investments at Deephaven Capital Management. Mr. Chedraoui was also director of mergers and acquisitions at Lehman Brothers prior to joining Deephaven in 2006.

Senrigan Capital is third hedge fund manager on the list with $220 million in AUM. Senrigan pursues an event-driven strategy with a focus on Asian equities. The firm was founded by Nick Taylor, a former senior managing director at Citadel Investment Group.

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For Detailed Investor Profiles on these Investors, click below:
Harrier Hawk Management LLC
LionRock Capital Pte
Northlight European Fundamental Credit
PSQR Management LLC
Roc Capital Management LP
Saba Capital Management LP
Senrigan Capital
Theleme Partners
Tyrus Capital SAM
Woodbine Capital Advisors
PVE Capital LLP
Related People: Alex Patelis; Anupam Ghose; Arvind Raghunathan; Boaz Weinstein; Charles-Henri Lorthioir; Chris Nash (COO); Christian Evans; Cyril Armleder; Gennaro Pucci; George Pan; Hari Kumar; Jeremy Benkiewicz; Joe Vittoria; John Sheridan; Josh Berkowitz; Julia Tsai; Julian Snaith; Kevin Kwong; Maksim Stavinsky; Marcel Kasumovich*; Nick Taylor; Paolo Pellegrini; Patrick Degorce; Paul Andiorio; Rachel Barnard; Richard Cordsen*; Rishi Sunak; Robb LeMasters; Robert Wolfson; Shahar Zer; Snehal Amin; Stephen Schurr; Ted Geary; Timothy Keough; Tony Chedraoui; Wayne Chambless; Yasu Kuga
Related Entities: Deutsche Bank; Equitech Group*; Roc Capital Partners (Cayman) Ltd; Roc Capital Partners Fund LLC; Blackstone Group; Deephaven Capital*; Harrier Hawk Advisors LLC; Harrier Hawk Capital LLC; Harrier Hawk Capital Management LLC; Harrier Hawk Fund LP; Harrier Hawk Offshore Fund LTD; Lansdowne Partners; Limestone Advisors Ltd; Matrix-PVE Global Credit Fund;; Modal Capital Partners*; Northlight European Fundamental Credit Fund; Northlight Partners; PSQR LLC; PSQR Partners LP; PVE Short Bias Fund, MAP 6, PVE Credit Value UCITS fund; Roc Capital Group LLC; Saba Capital II; Saba Capital Intermediate Fund LTD; Saba Capital Master Fund; Saba Capital Partners LP; Saba trading unit at Deutsche Bank*; Senrigan Capital Group; Senrigan Capital Group Ltd; Senrigan Master Fund; Structured Credit managed account; The Children's Investment Fund*; Theleme Capital; TPG-Axon Capital Management*; Tyrus Capital; Woodbine Capital Fund LTD; Woodbine Capital LLC; Woodbine Capital Management LLC; Woodbine Capital Master Fund
Related Article Tags: Investment Management, Fund Manager and General Financial News; Featured Reports; Hedge Fund Launches and Hedge Fund Closings


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