Money is flowing again, and brand-name firms are taking advantage by meeting with investors across the country.
For several years, brand-name hedge funds had to court new investment in a hostile environment. But with investors writing big tickets again, more funds are lining up to woo them, including such blue-chip firms as Caxton Associates, Carlson Capital and Davidson Kempner Capital Management.
Charlie Hannigan, who works in business development at Caxton, traveled to Chicago in early May to tout the Caxton Global Investments fund, a macro strategy, and has plans to meet with investors in Minneapolis on May 17. Last year, Caxton Global’s performance reached a turning point, gaining 9.32%, ahead of the AR Macro Index, which