New hedge funds update: September 2011

MSD Capital has raised $1.9 billion for a special opportunities fund.

FIRM NAME

FUND NAME

STRATEGY

PORTFOLIO MANAGER

AUM ($M)

CITY

STATE

LAUNCH DATE

Elustria Capital Partners

Elustria Capital Partners Master Fund

Energy

Eric Kimmel,

Andrew Waranch

$75

New York

NY

June

Basswood Capital Management

Basswood Enhanced Long Short Fund

U.S. Equity

Bennett and Matthew Lindenbaum

n/a

New York

NY

July

Bow Street Partners

Bow Street

Event driven

Akiva Katz,

Howard Shainker

$100

New York

NY

July

Black Capital

Black Strategic Fund

U.S. Equity

Gary Black

$50*

New York

NY

July

Elm Park Capital Management

Elm Park Credit Opportunities Fund

Credit

Mark Schachter,

Chuck Winograd

$152

Dallas

TX

July

Impact Asset Management

Impact Balanced Equity Fund

U.S. Equity

Ken Christian

n/a

Lighthouse Point

FL

July

MSD Capital

MSD Credit Opportunity Fund

Special Opportunities

Andrew Hee,

Robert Platek

$1,900

New York

NY

July

YYC Capital Partners

YYC Capital Partners Healthcare Fund

Health care

Brigette Roberts

$11

New York

NY

Aug

Academy Investments

Academy Quantita-tive Global Fund

Mid- and large-cap U.S. Equity

Ellen Wang

n/a

New York

NY

Q3 2011

Tortus Capital Management

n/a

Multistrategy

David Salanic

n/a

New York

NY

Q3/Q4 2011

QS Investors

QS Investors Liquid Alpha Fund

Inflation hedge

Janet Campagna

n/a

New York

NY

Q4 2011

*Estimated initial funds raised. Current AUM may be higher. For further details please visit the AR database at institutionalinvestor.com

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