MeMoneyExchange.net
Rauf Ashraf, Emerging Hedge Fund Manager, Diversifies to Distressed Opportunities
Phoenix AZ (PRWEB) May 11, 2008 -- The most successful investors and hedge fund managers specialize in identifying lucrative opportunities where others see none, or where others fear to tread. Such opportunities are sometimes found in the often-harrowing arena of Distressed Firm investing. Some famous success stories of other hedge fund manager's such as Eddie Lampert have seen huge returns from their investment in firms like Kmart, which have also been shining examples in the distressed arena.
Rauf Ashraf (www.cikm.org/Rauf-Ashraf.php) has been identified by Goldman Sachs as a rising star and recommended by the former Fidelity Investment's $60 billion dollar Magellan Fund Manager, and has been featured in numerous industry publications including Hedge Fund Alert to MARS Hedge Fund Newsletter. He has worked in the hedge fund business for ten years. Having been in the top 1% of manager's raising sizable capital in their first year, he managed a diversified long/short US-based strategy fund with peak assets above $50 million during the first year. His strategy has recently included distressed investments. Prior to that he was an Analyst with Essex Investment Management where he supported both institutional long only funds in addition to the firm's hedge funds with assets in excess of $5 billion. Between 1997 and 2001 he was at one of the largest private equity firms where he was a founding team member for the $1 billion-plus Greenberg-Summit Partners hedge fund started by Fidelity Investment's second largest fund manager (Larry Greenberg) and a leading venture capital firm (Summit Partners). He started his professional career as an Analyst at one of the largest firms on Wall Street, Fidelity Investments where in addition to working with Larry Greenberg (managed $20 billion) he helped to formulate and automate Magellan ($57 billion) fund manager's custom research templates with his respective stock selection criteria.
Industry press credits him with interacting with over 1000 different CEO's and CFO's of publicly traded companies around the world where he modeled out future earnings which along with this proprietary screening systems seems to be key to his investment methodology. Industry press material used to substantiate this article also include the following:
Analyst Developing Quantitative Fund
An analyst whose resume includes positions at Essex Investment Management, Greenberg-Summit Partners and mutual-fund heavyweight Fidelity Investments is preparing his own hedge fund.
Rauf Ashraf (www.cikm.org/Rauf-Ashraf.php) expects to start trading the entity, called Empyrean Fund, with about $25 million on March 1. He'll run the long/short vehicle -- which combines quantitative and fundamental-analysis strategies with a bottom-up stock picking approach -- via his Boston firm, Ash Capital. Ashraf expects about 75% of his investment ideas to spring from quantitative research.
Boston Start-Up Seeks Non-US Money
A start-up manager in Boston recently launched a non-U.S. version of his long/short vehicle, which has generated large returns during its first four months of trading. Rauf Ashraf, who has worked at a few high-profile investment shops, started trading his Ash Master Offshore Fund late last month with $25 million. The vehicle mimics Ashraf 's $22 million Ash Master Fund, a quantitative- and fundamental-analysis vehicle that earned a 29% return between its April 10 inception and the end of August. Ashraf is also beefing up the investment team at his firm, Ash Capital Management.
www.hfalert.com/NewPages/Index.cfm?Article_ID=1044669690&HideBanner=Yes
Contact information for Rauf Ashraf can be found below.
# # #
Home Plans
ChooseHomePlan.com for your next dream house!
MORE ARTICLES:
Commercial Real Estate Myths Dispelled: Myth #1: Commercial Real Estate Is Not For Ordinary People
People are naturally inclined not to trust what they don?t understand. The same is applicable to commercial real estate investing. It?s a natural phenomena when confronted with something new, different or seemingly over your head.
Real Estate Investing in Rentals – the $10 Million Real Estate Investing Mistake
Renting to tenants is no longer "where the money is" for real estate investing. I became a multi-millionaire landlord in the 1980s by buying $10 million in rental houses.
Forex Trading: Calculating Profit and Loss in Foreign Currency Trading
The foreign exchange market, or Forex market, is an around-the-clock cash market where the currencies of nations are bought and sold. Forex trading is always done in currency pairs. For example, you buy Euros, paying with U.S. Dollars, or you sell Canadian Dollars for Japanese Yen. The value of your Forex investment increases or decreases because of changes in the currency exchange rate or Forex rate. These changes can occur at any time, and often result from economic and political events. Using a hypothetical Forex investment, this article shows you how to calculate profit and loss in Forex trading.
FOREX Online Foreign Exchange Trading Platform
Join the best trade market in the world
Trading Currency with Foreign Exchange Firm X Corporation Now Includes Exclusive Client Benefits
X Corporation, a foreign exchange broker specializing in online currency trading, announces Client Benefits for new and existing clients.
Real Estate Investing Looking Bright for Q4 of 2008, Article Released by Quality Funding
Trying to time the real estate market and make healthy and lucrative decisions is not that difficult but requires some education and good judgment. This article explains why we are currently nearing one of the most remarkable opportunities with which many buyers, whether investors or people seeking a primary residence, have been exposed. Jason Shapiro of Quality Funding (http://qualityfunding.net/e107/e107_plugins/forum/forum_viewtopic.php?8) explains in plain English how we arrived at the current real estate market, where we will be for the next several months, and when to answer the door when opportuni...
Earning Money By Investing in Real Estate
Real Estate investment includes buying of real estate for profit. Every person invests for the purpose of making profit. So, investment in real estates is more profitable as compared to investment in other sectors for example if we invest in share market there is lot of fluctuations i.e. either rate will go up or down. But now days with the increase in population the demand for land is increasing and with the increase in demand the rates are going up (because supply is less as compared to demand). So it is much profitable for us to invest in real estate as compared to other investment in other sectors (as real estate investment is less risky). In listening it looks more profitable that by investing in real estate we will earn profit. But so...
Commercial Real Estate: Assessing The Unique Features Of Commercial Real Estate Parcels
As commercial real estate development progresses into the 21st century, many of the principles upon which the market was founded remain the same. Whether you are a property owner, developer, or commercial real estate agent, identifying and marketing the unique features of your commercial property will maximize the attractiveness of the site to prospective buyers or tenants.
Earning BIG Money Forex Trading Takes Discipline and Smarts
Everyone is becoming curious about Forex trading. It can earn you a lot of cash, but it can also cause you to lose loads of money. It is a high risk market, but with automated Forex trading systems and a few basics, you can become a profitable trader. There are five important aspects of Forex trading; knowledge, budget, broker, discipline, and tools.
PTE Real Estate Group Announces $200 Million Fund to Invest in Distressed Real Estate Assets
PTE Real Estate Group announced today the establishment of a $200 million investment fund to buy REO (real estate owned) and other undervalued real estate assets. The fund is designed to capitalize on opportunities that are being created by the foreclosure crisis and credit crunch. It will acquire bulk REO inventory from lending institutions as well as surplus home builder inventory at 40-60% less than current market value.
Forex Trading Series Demystifies Foreign Exchange Market
Forex traders seeking a comprehensive, easy-to-understand guide to the foreign exchange market can learn from real-time examples with the new Forex Trading Course by Hector Trader, a full-time professional forex trader.
Earn a Lot in Investing at Sarasota Real Estate Market
Do you want to get your properties in Miami real estate market? If so, a good real estate agent can help you out in finding the properties for you.
Commercial Real Estate Group of Tucson Compiles New Statistics on Tucson Industrial Real Estate Market
Commercial Real Estate Group of Tucson has compiled some meaningful statistics about the local market on its website, cretucson.com.
Earn and Gain Success with Sarasota Real Estate Investing
Wish to have properties in Sarasota real estate market? If so, a good real estate agent can help you out in finding the properties for you.
Best Mutual Fund Website Trends Detailed in New Report from the Web Marketing Association
Updated Web Marketing Association' Internet Standards Assessment Report includes historical data derived from a decade of hosting Internet Award Competition, WebAwards, and provides best practices for Mutual Fund Web Design.
