As Caxton’s flagship fund stumbles, investors redeem

Mon Mar 3, 2008

Caxton, the multistrategy hedge fund firm founded by Bruce Kovner, lost 24.5% of its assets during the second half of 2007 as poor performance led investors to redeem $1.5 billion. For the full year, investors pulled $2 billion from the firm, helping to bring its total assets down 15% to $12 billion from $14.2 billion.

Caxton’s flagship fund, Caxton Global Investment,...

ISSN: 2151-1845 / CDC10004H


The full contents of this article are available to active AR subscribers and trialists only.

To continue reading please,
take a free trialsubscribe or log in to AR.


Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.

Subscribe now

Popular Searches on HFI