Centaurus Returns to Event-Driven: Sources

Reuters Hedgeworld (July 17, 2009)


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Summary:

LONDON (Reuters) - Hedge fund group Centaurus Capital has made a return to event-driven investments with a new fund backed by the firm's partners, two people close to the fund said on Friday [July 17].

Centaurus managers invested $15 million in the new fund in March and assets have since grown to several times that figure after attracting outside investors, one source told Reuters. The fund's assets have grown to $50 million to $100 million, a separate hedge fund industry source with knowledge of the matter said.

Extract:

Centaurus Returns to Event-Driven: Sources

The fund, as yet unnamed, represents a new move into the event- driven sector after...



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