London Diversified Fund Management

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Key Facts

Founded1995
HeadquartersLondon

Overview

London Diversified Fund Management is a hedge fund based in London. It was founded in 1995. Founded by David Gordon in 1995 as a fund within JP Morgan
Spun off in 2002
$3.22 billion in assets under management as of 1/1/2007
$4 billion in assets under management as of 4/1/2008
Originally charged investors 3% + 20%
London Select Fund was setup in April 2004


Articles

4/11/2008 London Diversified Cuts Management Fees After Hedge Funds Fall from the high 3% to the standard 2% as the funds are down 18% and 11.5% in 2008

Historical Performance

Returned 5.76% in 2006http://media.ft.com/cms/02fd5a42-f338-11db-9845-000b5df10621.pdf
Up 2.62% in February 2007http://www.hedgefundintelligence.com/ar/Article.aspx?PositionID=22836
London Select Fund down 18% in 2008 as of April 4th
London Diversified Fund down 11.5% in 2008 as of April 4thhttp://www.bloomberg.com/apps/news?pid=20601087&sid=aFuenjAVuljE