Clarium Capital LP Dominates Global Macro Strategies

by StockJockey

Monday, January 28, 2008 - 1:28 pm

Barron’s published year end hedge fund numbers from the CISDM database, which used to be well known as MAR database, in this week’s editions of the weekly:

The CISDM Hedge Fund Database (formerly the MAR Database) is the oldest CTA and Hedge Fund database in the market and is the source of data for the CISDM indices. The database began tracking CTAs in 1979 and hedge funds in 1992 and currently contains qualitative and quantitative information for over 5,800 hedge funds, funds of funds, CTAs and CPOs. CASAM Hedge

Global Macro Funds trailed only the Emerging Markets Index for the year end honors, and of the performance our 2007 Man of the Year, Peter Thiel, and his team at Clarium LP certainly distinguished them from the pack.

His 13% gain in December allowed him to finish the year up over 40%, and finish with assets of nearly $3 billion. We would venture a guess that, based on 2/20, Clarium LP generated fees somewhere in the vicinity of $160 million, and perhaps more, in 2007. If the rumor mill is to be believed he is on the verge of raising additional monies; when it rains it pours and Clarium is well on its way to becoming the largest Global Macro strategy in the world.

Big stuff for a kid from Cleveland. Although, he is more of a world citizen than a Buckeye, and has had more addresses than the average army brat. And lest we forget, there is a team in place at Clarium, and they all deserve credit for the performance generated since inception.

Clarium LP December 2007
+13.10%

Clarium LP 2007
+40.38%

Clarium 3-year
+103.39%

Clarium 12-month Standard Deviation
18.84%

Clarium 12-month % Max drawdown
-9.54%

Assets Under Management 12/31/07
$2.938 billion

Credit Agricole Structured Asset Management
Database Homepage
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