Drake Management

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Drake Management — overview

Type

Hedge Fund Manager

Location

New York, NY, US

Alternative Asset Class

Established

2001

Firm Ownership

-

Investment Team Staff

Total Staff

-

About

Established in 2001, Drake Management was a hedge fund management firm based in New York City. The firm was founded by Anthony Faillace and Steve Luttrell, who previously worked together at both Pacific Investment Management Company (PIMCO) and BlackRock. Its offerings included a multi-sector fixed income absolute return fund, a global opportunistic hedge fund, a low volatility fixed income hedge fund, and traditional separate accounts tailored to meet the specific needs of institutional investors. The firm ceased all operations and liquidated all of its funds in 2008.
Asset ClassNo. of Funds Currently ManagedFunds Raised in the last 10 yearsEst. Dry PowderStrategies
Private Equity--
Private Debt--
Real Estate--
Infrastructure--
Natural Resources--
Asset ClassNo. of Funds Currently ManagedAuMDate of AuMStrategies
Hedge Funds--

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Drake Management - hedge funds managed (5)

Fund NameShare ClassesInception DateCore StrategyStatusLatest AUM
Drake Absolute Return Offshore Fund-Multi-StrategyLiquidated
Drake Absolute Return Onshore Fund-Multi-StrategyLiquidated
Drake Global Opportunities Fund-Long/Short CreditLiquidated
Drake Low Volatility Fund-Statistical ArbitrageLiquidated
Drake Offshore Master Fund1Multi-StrategyLiquidated

Showing 5 of 5 hedge funds managed by Drake Management

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Drake Management - known investors (11)

InvestorNumber of FundsTypeCityCountryAsset Class
1Private Sector Pension FundNew YorkUSHF
1Fund of Hedge Funds ManagerPhiladelphiaUSHF
1Fund of Hedge Funds ManagerNeuchâtelSwitzerlandHF
1Fund of Hedge Funds ManagerHamiltonBermudaHF
1Insurance CompanyEspooFinlandHF

Showing 5 of 11 known investors Drake Management

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