In an Altinvestment Global News Roundup dated 10 December we referred to a news article on GMN Capital.
In an Altinvestment Global News Roundup dated 10 December we referred to a news article on GMN Capital. The firm has asked us to retract the previous article and to note that the fund did not lose over 50 per cent as was originally stated.
In an AP article dated Thursday 29 November, CEO and managing partner James Claus confirmed the San Francisco-based hedge fund firm would shut down at the end of the year. According to the AP, the firm has sent a letter to investors saying it plans to return their money, and assets in the firm's single fund, GMN Master Fund, have dropped to around USD 500 million from a high of USD 1.2 billion. GMN Capital was a spin-off of London's GSA Capital, launching earlier this year with about USD 1 billion in assets.
Davidson Kempner's research led approach
Partner and Head of Research at Davidson Kemper, Suzanne Gibbons, on building a global research function, embedding AI, and capitalising on…
More
Brevan Howard Digital's CIO on what it actually takes to run digital assets
Chris Rayner-Cook is clear about what running digital assets actually asks of a manager, and it is less about the instruments than most…
More
Where deep modelling meets mortgage credit
Greg Valli has been part of two of the three decades of Ellington Management Group. During that period, the firm has enjoyed a rapid rise…
More
