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Alternative Investments

08/16/2016

The Beneficient Company To Acquire Provident Trust Group

Acquisition Accelerates BEN's Entrance Into High Net Worth Space With Addition of 20,000 Clients With Established Self-Directed Retirement Accounts Dedicated to Alternative Investments

08/16/2016

Paul Capital Investors Won't Have To Pay All Those Fees After All

Beneficient also will acquire Provident Trust Group.

08/15/2016

Cerberus to seal bumper Danske mortgage deal

American private equity firm ready to buy bulk of Danish lender’s remaining residential loans

08/15/2016

A Private Equity Firm Dares to Buy in Brazil Amid Recession

Deals involving private equity firms were even more affected, with the total falling 72 percent to $729.5 million, the data show.

08/14/2016

Community First announces joint venture with Raymond James Financial Services

Community First Bank &Trust, based in Columbia, was founded in 1999 by a group of Maury County business leaders

08/12/2016

Eurekahedge Hedge Fund Index Books Fifth Straight Gain in July

One-third of these funds posting double digit gains are long/short equity mandated while another quarter of them are CTA/managed futures mandated hedge funds.

08/12/2016

Fidelity Plans Non-Transparent Exchange-Traded Product

In a filing, investment firm says it is seeking approval to modernize traditional closed-end fund structure

08/12/2016

Brexit vote creates volatility for CPPIB, Canada's largest pension manager

A major drag on Canada's largest pension fund

08/12/2016

A New York private-equity firm has raised what it believes is the largest amount of capital ever to invest in the legal marijuana industry

While the capital itself is still coming from individuals, it's clear that professional money managers are paying close attention to marijuana.

08/10/2016

Invesco's July AUM up 4.1% on Rise in all Asset Classes

The increase was driven by favorable market returns, net long-term inflows, an increase in money market AUM, and inflows in the Powershares QQQs.

08/09/2016

How a 'complete science nerd' broke into Wall Street — and then landed a job in private equity

This summer, he is set to join the medical-device investment team at healthcare venture growth firm Longitude Capital.

08/09/2016

Hedge fund sues AbbVie for scuttling $55B Shire buyout

The AbbVie-Shire merger wasn’t the only big pharma deal to be abandoned for tax-inversion reasons.

08/09/2016

Third Point Reinsurance Notes Largest Profit in Years

All told, the reinsurance company, which receives backing from Loeb's hedge fund.

08/09/2016

Raymond James to Partner with WealthSource

WealthSource had $568 million in client assets at various custodians.

08/08/2016

Gibraltar Capital Management adds Bank of America Corp to its portfolio

Bank of America Corp makes up approx 0.29% of Adams Asset Advisors’s portfolio.

08/08/2016

StepStone Infrastructure and Real Assets Group Completes Integration

StepStone also announces the addition of two new senior executives to the SIRA team.

08/07/2016

Opalesque Roundup: Hedge funds and alternatives more attractive for Asian institutional investors: hedge fund news, week 31

South Korea’s alternative investments had exceeded $233bn last year, and short selling is resurging in South Korea despite rules on disclosure.

08/05/2016

Allianz Quarterly Profit Retreats Sharply as Natural Disasters Deliver a Big Bill

Europe’s biggest primary insurer by market value says first-half results put company on course for its full-year operating profit targets

08/05/2016

Allianz Says No More Cost Cuts at Pimco as Outflows Seen Ebbing

Lower revenue from fewer assets, along with a bonus program introduced to retain talent, pushed costs up as a share of revenue.

08/04/2016

Franklin Templeton, K2 Advisors Launch Global Macro Liquid Alternative Fund

Similar to most macro vehicles, the fund will invest in a wide variety of global macro opportunities across equity, interest rate, currency and commodity markets and strategies, according to a joint statement.

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