Posts Tagged ‘Oliver Schupp’

Blackstone Asset Growth Hopeful

July 22, 2010

Chidem Kurdas

Blackstone Group’s hedge fund division attracted significant  new capital in the second quarter. This does not mean that other hedge fund firms will also be able to raise money.

On the contrary, investors appear to be persistently moving to the largest firms. Blackstone is now a $111 billion behemoth (counting all assets) & growing. It has  probably become the biggest free-standing alternative investment business.  Plus, Blackstone survived the credit crisis well. Nobody else in the industry is really in the same position.

Nevertheless, this is great news for many hedge fund managers. (more…)

Did Investors Make a Mistake?

April 22, 2010

Chidem Kurdas

As of the end of March, hedge funds had recovered all but 1.6% of their 2008 loss, whereas the MSCI World Index was still down 24.4% from its peak, according to data from the Credit Suisse/Tremont Index.

Of course investors who took their money out of the funds did not benefit from the resurgence. They would’ve recovered the losses had they stayed with the investment, says Oliver Schupp, President of Credit Suisse Tremont Index LLC.  (more…)