Stephen Kirk's Hedge Fund

Campden Square Capital is the Newest Hedge Fund of Stephen Kirk in London

Campden Square Capital, a new hedge fund, has been launched by Stephen Kirk, a former partner at hedge fund manager Lansdowne Partners, in London.
The fund manager, who officially left Lansdowne in December, was part of a team that managed the Lansdowne Global Financials Fund. The fund has produced an annualised rate of return of 10.4 percent since launch in 2004, according to data seen by Reuters.
The launch comes following a year when hedge funds in Europe shut down at the fastest-ever pace as rising costs, weak performance and a slowdown in the pace of new investment lead some embattled founders to bail out.
Investors pulled a net $13 billion out of European hedge funds in the second half of last year, having invested a net $35 billion in the first half and $64 billion in 2013, according to data from industry tracker Eurekahedge.
The trend has meant that only the top ranking fund managers are able to launch and get investors' backing.
While plans for Kirk's launch fund are still in development, two of the sources said he may already have commitments of more than $200 million, making it one of the larger fund launches in the region for 2015.
Source: Yahoo7 News

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