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Secondary Hedge Fund Interest Buying Frenzy

Tyler Durden's picture




 

Last week's mindnumbing expression of unbridled market optimism is spilling over into the hedge fund interest secondary market. Barely any offers over the past week, and many large, juicy bids. Fully anticipate complete inversion in this picture in the next day or so.

Major demand indications as follows:

  • Canyon Cayman: $15 million
  • Taconic Offshore: $10 million
  • King Street: $10 million
  • Level Global Overseas: $20 million
  • GoldenTree Offshore: $10 million
  • Horseman Global: $2 million

 

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