RIC Watch: Aetos Capital harnesses manager concentration
Tue Jun 5, 2012
Aetos Capital funds of funds
Aetos Capital in New York runs three separate registered
investment company funds of funds, having merged the $138
million Aetos Capital Opportunities Fund into the Aetos Capital
Long/Short Strategies Fund on 1 January 2011. More than 28% of
the allocations to the 39 managers across all three funds are
of more than 10% per manager. Nearly 18% of the assets of the
combined three portfolios, which has more than $2 billion in
assets are either in liquidation or in side pockets.
The Aetos Capital Multi-Strategy Arbitrage Fund was down
0.49% for the year ending 31 January 2012, but since inception
on 1 September 2002 the fund has had an average return of
4.14%. Peak annual performance of 21.29% was recorded for the
period 1 February 2009 to 31 January 2010. More than 53% of
this fund is invested with event-driven names such as Farallon
Capital Offshore Investor, Oceanwood Global...
ISSN: 2151-1845 / CDC10004H
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