Managers of Wealth Americas

Hedge funds increased their bets against Facebook before Zuckerberg testimony

IHS Markit forecasts short interest in Facebook to have totaled 29.2 million shares on Friday, up from 25.9 million in mid-March.

Schonfeld Strategic Advisors to acquire Folger Hill Asset Management

Folger Hill has a total of about 100 employees and manages roughly $1 billion in assets.

New systematic fixed income fund offered by AQR Capital Management

The company also said the fund should “generate excess returns that are uncorrelated to fixed income markets, other fixed income managers, as well as equity markets.”

Crestpoint completes $500 million in property acquisitions

Since its inception in 2011, the Crestpoint Core Plus Strategy has consistently added value for its clients and generated strong annualized returns.

Prime Meridian Capital Management Announces New Fund Launch: The Prime Meridian Special Opportunities Fund

Prime Meridian Capital Management a Registered Investment Advisor (RIA) specializing in marketplace lending strategies across three alternative credit verticals in four funds, today introduced the Special Opportunities Fund.

Invest team chooses Commonwealth despite wooing by rival CEOs

Commonwealth, the No. 4 independent broker-dealer by revenue, has added 29 advisors with $15.6 million in revenue from Invest parent National Planning Holdings since the LPL deal.

Last commodities hedge funds go off beaten track

As profiting from fuels, crops and metals becomes harder, funds look to broader trends

US RIAs struggle to manage private alternative investments, says survey

When asked whether clients questioned fees for managing a private internal fund, RIAs said that "double-dipping" was a chief concern.

Closet tracker funds face tougher regulatory scrutiny

Thirteen US managers to disclose how far their active funds deviate from benchmark

Aberdeen Greater China Fund, Inc. Announces Distribution

This distribution is comprised of $0.26008 per share of net realized short-term capital gains and $1.06573 per share of net realized long-term capital gains.

Intercontinental Exchange Agrees to Acquire Chicago Stock Exchange

Terms of the transaction were not disclosed, and the financial impact will not be material to ICE or impact capital return plans.

Combined Insurance Receives Award for Business Excellence

Daily Herald Business Ledger recognizes the company's growth and community commitment

Blackstone Is Said to Weigh Bid for Soros-Backed Spanish property company

Hispania shares rose as much as 5.2 percent and were up 1.3 percent at 3:41 p.m. in Madrid, giving it a market capitalization of around 2 billion euros ($2.5 billion).

Here Are the Allocator Finalists for Institutional Investor’s Hedge Fund Industry Awards

The top hedge fund allocators and managers will be honored at the 16th annual Hedge Fund Industry Awards dinner hosted by Institutional Investor and II’s Alpha.

Blackstone’s Strategic Partners raises $1.75 bln for infrastructure-focused secondary fund

Verdun Perry, Senior Managing Director and Co-Head of Strategic Partners, said: “We have one of the widest footprints in all of private equity.

Wall Street experiments with marijuana investments

Former Bear Stearns broker sets up legal cannabis industry networking business

Want to Keep Your Wine Collection Safe? Store It in a Bomb Shelter

Horse Ridge, though, has a hook the others cannot match: It stores wine in its nuclear bomb shelters.

Former Houlihan Lokey banker Patricof to launch his own firm

The new firm will launch in April with four professional

Hedge fund industry alive & kicking

Multi-strategy funds proved to be the most popular, according to Preqin’s 2018 Global Hedge Fund Report, attracting net inflows of USD24.2 billion.

TD launches The Ready Commitment to open doors for an inclusive tomorrow

The Ready Commitment has four goals, which will focus TD's efforts and contributions:

Alternative Investments