Looks like this closed-ended will will be listed in September. Interesting, I own shares of similar closed-ended companies listed in London and Zurich and always wondered why none were listed in the US.
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A Renaissance for the rest of us?
Tykhe Capital LLC, a New York-based quant shop named to manage most of the assets to be raised for the Man Dual Absolute Return Fundâexpected to become the first publicly-listed hedge fund in the US within a few monthsâis hardly the best-known name in the business.
But itâs doing something right, even if some combination of so-far incomplete disclosure, traditional hedge fund reticence and the regulatory cone of silence make it difficult to precisely determine the what and how of that something. According to Absolute Return magazine, the five-year-old firmâs assets almost quadrupled during 2006, from around $470 million to an estimated $1.8 billion, and, according to another source, hit $2.3 billion at Apr. 30 2007.
Tykheâs US Securities and Exchange Commission Form ADV registered investment advisor filing, dated Mar. 30 2007, claimed $1.73 billion in assets but that does not necessarily reflect its entire asset base.
More? Click these links
Part I: Fast-rising quants to run most of US listed hedge fund
http://nakedshorts.typepad.com/nakedshorts/2007/06/a_renaissance_f.html
Part II: Itâs pretty much a Manâs world. The US, at least so far, not so much
http://nakedshorts.typepad.com/nakedshorts/2007/06/a_renaissance_f_1.html
----------------------------------------------
A Renaissance for the rest of us?
Tykhe Capital LLC, a New York-based quant shop named to manage most of the assets to be raised for the Man Dual Absolute Return Fundâexpected to become the first publicly-listed hedge fund in the US within a few monthsâis hardly the best-known name in the business.
But itâs doing something right, even if some combination of so-far incomplete disclosure, traditional hedge fund reticence and the regulatory cone of silence make it difficult to precisely determine the what and how of that something. According to Absolute Return magazine, the five-year-old firmâs assets almost quadrupled during 2006, from around $470 million to an estimated $1.8 billion, and, according to another source, hit $2.3 billion at Apr. 30 2007.
Tykheâs US Securities and Exchange Commission Form ADV registered investment advisor filing, dated Mar. 30 2007, claimed $1.73 billion in assets but that does not necessarily reflect its entire asset base.
More? Click these links
Part I: Fast-rising quants to run most of US listed hedge fund
http://nakedshorts.typepad.com/nakedshorts/2007/06/a_renaissance_f.html
Part II: Itâs pretty much a Manâs world. The US, at least so far, not so much
http://nakedshorts.typepad.com/nakedshorts/2007/06/a_renaissance_f_1.html
