Noch nichts neues.
Caxton Going Down?
We’re hearing rumors that Caxton Associates is blowing up. Caxton is one of the largest hedge funds in the world with around $16 billion under multi-strategy management so this would be huge and, as they say, unlikely. Some are saying it’s because of the move SEPR has made of over the past few weeks (Caxton’s largest equity position had been SEPR), others that it’s the very fashionable credit situation. Right now, all just hearsay. Maybe funds this large don't blow up. Maybe Caxton was already a red giant, and will contract into a white dwarf under a sea of redemption requests after some significant losses. Only then will it be ready for a supernova. Heard anything? You know where to find us.
Update: Caxton denies any such rumors. According a friend o' DealBreaker, there was a "larger than normal liquidation in order to reduce risk," the main fund is down 3-4% mtd and Caxton "made money today." Make of that what you will.
Hier ist die Quelle: http://www.dealbreaker.com/2007/07/post_389.php
Die aktuelle Stellungname von Caxton vom 01.08.2007.
DealBreaker Delusions of Grandeur of the Week: Caxton's Letter To Keith and Bess
In Dealbreaker’s new “DealBreaker Delusions of Grandeur of the Week” feature, we bring you a performance update from Caxton Associate President Peter P. D’Angelo to his investors, dated August 1. D’Angelo notes that this is a “most unusual step” that he was forced to take due to market volatility and “unfounded rumors in the internet community.” That is US, people! Later, we'll try and figure out how to upload the voicemail Bruce left during lunch.
Third Point investors, expect your report tomorrow, because 3T is blowing up today.* Danny Loeb, break out the pen and paper now.
*We're joking, of course. Unless you know something.
Aber das kennen wir ja schon von der IKB.
Die Liste mit den größten Hedgefonds leider von 2004.
Wer hat eine aktuelle?
Bruce Kovner's Caxton Associates is the largest single-manager hedge fund firm. in the world, with $11.5 billion in capital as of December 31, ...
Alpha’s Hedge Fund Top 5 — Total capital ($ millions)
1 Caxton Associates $11,500
2 GLG Partners 11,017
3 Citigroup Alternative Investments 9,900
4 Farallon Capital Mgmt 9,856
5 Citadel Investment Group 9,500
The top ten earners in the hedge fund industry for 2004 were:
1 $1.02 billion Edward Lampert ESL INVESTMENTS
2 $670 million James Simons RENAISSANCE TECHNOLOGIES
3 $550 million Bruce Kovner CAXTON ASSOCIATES
4 $450 million Steven Cohen SAC CAPITAL ADVISORS
5 $420 million David Tepper APPALOOSA MANAGEMENT
6 $305 million George Soros SOROS FUND MANAGEMENT
7 $300 million Paul Tudor Jones II TUDOR INVESTMENT CORP.
8 $240 million Kenneth Griffin CITADEL INVESTMENT GROUP
9 $225 million Raymond Dalio BRIDGEWATER ASSOCIATES
10 $205 million Israel Englander MILLENNIUM PARTNERS
Year To Date Investment Fund Performance History
1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
28% 22% 31% 12% 18% 4% 2% 0.5% 1% 2%
Quelle: http://en.wikipedia.org/wiki/Bruce_Kovner
Was für ein Missverhältnis von Leistung und Vergütung!!!!!!!!!!!!!!!!!
Ich bin überzeugt: Am Ende wird sich herausstellen,
Bruce Kovner hat nicht nur eine Schreibblockade, sondern auch eine Rechenblockade.
Wie lange noch?
VATAPITTA