New hedge funds update: May 2011

Brigade raises $125 million for distressed fund.

FIRM NAME FUND NAME STRATEGY PORTFOLIO MANAGER AUM ($M) LAUNCH DATE
Maglan Capital Maglan Distressed
Master Fund
Distressed David Tawil $40 January
Riskowitz Capital Riskowitz Value Fund South African equities Sean Riskowitz N/A January
The Avalon Real Estate Funds Avalon Growth Fund Long/short Chris Davis N/A March
Basswood Capital Management Basswood Financial Fund U.S. equity Matthew and
Bennett Lindenbaum
$25 April
Numeric Investors Numeric Absolute Return Equity Rob Furdak N/A April
Peregrine Asset Management Gold International Fund Gold Stephen Luongo N/A April
Brigade Capital Management Brigade Distressed
Value Fund
Distressed Don Morgan, Ivan Krsticevic, Ben Renshaw $125 April
Stark Investments Stark ABS Opportunities Mortgage-backed team N/A Q2 2011
VistaCap Managing Partners VistaCap Opportunities Fund U.S. equity George Allen,
Tyson Macdonald
N/A Q3 2011
MKP Capital Management MKP Structured Credit Fund Credit team N/A Q3 2011
For further details please visit the AR database
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