Launches & Closures Hedge Funds

New funds update

by

Firm name

Fund name

Fund strategy

Portfolio manager

Target AUM

Target launch date

Apollo Management

n/a

Copper, gold and mining stocks

Mark Thompson

$500m

n/a

Union Avenue Advisors

Union Avenue Partners

Global stock

Thomas Grossman

$250m

Mar ’09

Woodbine Capital Advisors

Woodbine Capital Fund

Global macro

Joshua Berkowitz

$200m

launched Jan ’09

Rampart Capital

n/a

Energy fund

Marcello Romano

$100m

Q1 ’09

Big 5 Asset Management

Lion Global Fund

Long/short global equity

Bo Brownstein, Adam Eisenberg, Eliot Penn

$40m-$50 m

launched Jan ’09

Aduro Asset Group

Aduro Macro Discretionay Fund

Macro

Brandon Dorsey

$30m -$40m

Mar ’09

Aduro Asset Group

Aduro Managed Currency Fund

CTA

n/a

n/a

n/a

Aduro Asset Group

Aduro Options Arbitrage Fund

Arbigrage

n/a

n/a

n/a

Touradji Capital Management

n/a

Global macro

n/a

n/a

n/a

Thresher Global Management

Thresher Global Management

Global macro

Brendan Petri, Manuel Aguilar

n/a

Jan ’09

Triogem Asset Management

Triogem Long/Short GEM Fund

Long/short, global emerging