Paulson to open second real estate fund (Fund News)
Bloomberg reports that Billionaire John Paulson is starting another private-equity fund to invest in real estate, marking the second time this month that his money-management firm has revealed plans to raise additional assets.
Lansdowne exits Prudential short after ??meaningful?? losses (Fund News)
Bloomberg reports that Lansdowne Partners Ltd., the biggest European hedge-fund firm focused on stock picking, said it abandoned a more than four-year bearish bet against Prudential Plc (PRU) after suffering ??meaningful? losses.
Benros Capital Partners LLP, a London hedge fund founded by former Goldman Sachs Group Inc. (GS) traders, is shutting down after less than two years as shareholder Brummer & Partners AB pulled its investment.
Commodity hedge funds lose nearly a quarter of AuM (Fund News)
Commodity hedge funds lost at least 20 percent of their assets last year after investors pulled out large sums following the sector??s worst annual performance in more than a decade.