New funds update: June 2010

Whitebox Advisors and Alden Global are among those to raise more than $100 million for new funds in recent months.

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FIRM NAME

FUND NAME

STRATEGY

PORTFOLIO MANAGER

AUM ($M)

LAUNCH DATE

Auldyn Partners

Country Alpha Plus

Macro

Ian Clague

January

Providence Capital

Providence Credit Opportunity Fund

Credit

Gregory Anderson, Thomas Schmidt

<$100

January

JM Advisors

JM Advisors Macro Fund

Mixed Arbitrage

John Meriwether

March

Evolved Alpha Multistrategy

Evolved Alpha

Multistrategy

Jesse Redmond, Justin Pawl

April

Iridium Capital

IC Income and Growth Fund

Fixed Income

Marilyn Kane, Sean Shanahan, David Kane

April

Maritime Capital Group

Maritime Capital Partners

Fixed Income

Baris Dincer, Greg Gurevich

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