New funds update: September 2010

Black River, TPG and Voras break $100 million each in fundraising for new investments.

FIRM NAME

FUND NAME

STRATEGY

PORTFOLIO MANAGER

AUM ($M)

LAUNCH DATE

Summation Capital

Summation Sigma Fund 1

Distressed

Mark Levin

$8

April

Specialized Performance Advisory Group

SPAG I

Multistrategy

Brian Shapiro, George Boyan

$10

May

Metolius Capital

Metolius Diversified

Macro

Ross Crotinger, Tom Mazza, Barry McCaldin

$40

June

Black River Asset Management

Black River Emerging Markets Fund

Emerging Markets

Jeremy Llewelyn, Guilherme Schmidt

$216

June

Discerene Value Advisors

Discerene Fund

Global Equity

Soo Chuen Tan

N/A

June

Iron Capital...

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