Hedge Funds

Samena-seeded Phalanx sees rapid asset growth post relaunch

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Phalanx Capital Management's volatility-focused Asian multi-strategy hedge fund, seeded by the Samena Angel Fund (formerly the Vision Angel fund), has seen a 150% increase in its assets over the past 18 months. This follows a restructuring of the strategy from a broad Asian multi strat and its subsequent relaunch in March 2007, which has revved performance to a solid 59.6% in 2007, 44.45% in a highly tough 2008, and 42.28% in the year to date.

Assets are now at $53 million with Chicago-based Phalanx attracting a large number of Asian investors, besides global ones, and the firm expects