03/09/2016
Former JAT Capital partner launches hedge fund
The fund started trading with $120 million in assets and has committed capital of as much as $200 million.
Alternative Investments
03/09/2016
Citi creates new group focused on serving fund clients
The new Global Asset Management Group will help boost the investment banking coverage of these alternative asset managers
03/08/2016
A $10 billion hedge fund is bracing for a 2008-type event
Perry Capital bought $1 billion worth of credit-default swaps on about 10 investment-grade corporate bonds
03/07/2016
Florida state pension plan finds profits with hedge funds
The evidence that it’s working is clear, and it’s quantitative
03/07/2016
Funds of funds in good graces of investors again
In an era when once-thriving, prominent institutional hedge funds-of-funds firms such as Aurora Investment Management LLC are sold
03/07/2016
Smith Hayes to merge with Montana investment firm
Strengthens D.A. Davidson’s Presence in Nebraska
03/07/2016
Do Hedge Funds Love CIGNA Corporation (CI) Ahead of Merger?
Truth be told, Glenview Capital was one of the worst performing hedge funds in the entire industry last year.
03/07/2016
Coalition attempts to close private fund manager U.S. tax loophole
That money, after adjustments, is treated as a capital gain and taxed at a rate significantly lower than the one for the income of wage earners.
03/03/2016
Morgan Stanley Investment Management Raises $3.6 Billion for its Second Global Infrastructure Fund and Assembles a $2.2 Billion Co-investment Club Consisting of a Group of the Fund’s Investors
The team has also assembled a co-investment club consisting of a group of NHIP II’s investors with a nominal amount of up to $2.2 billion for a total of $5.8 billion of available capital to invest in the infrastructure sector.
03/03/2016
Qatar Investment Authority inks $1.34bn deal to buy Los Angeles offices
The four ‘class A’ buildings are in Westwood, a West Los Angeles district that borders Beverly Hills.
03/03/2016
50 South Capital to buy Aurora Investment Management
The acquisition is subject to customary closing conditions and is anticipated to close in the third quarter of 2016.
03/03/2016
Marsh & McLennan Agency Acquires Celedinas Insurance Group in Florida
MMA is a subsidiary of Marsh established in 2008
03/02/2016
Network International to Buy Emerging Markets Payments Group
Dubai-based company paying over $300 million to expand in Middle East and Africa
03/02/2016
Washington Park Advisors Launches on tru Independence Platform
Their primary investment philosophy revolves around the absolute level of earnings rather than the velocity of the growth of earnings.
03/02/2016
Ironshore launches new $1m private insurance portfolio
Ironshore’s personal lines policy will be available for high net worth homeowners with properties valued in excess of $1 million.
03/02/2016
Ex-Morgan Stanley banker hopes to raise $1bn for new fund
He tried to raise a smaller version of the fund four years ago but put those efforts on hold as he launched DBO.
03/02/2016
Bank of America Developing Trade Finance Blockchain Pilot
Tiede also said that this particular pilot program is being developed in private
03/02/2016
Brazil's Oi hires PJT Partners to renegotiate debt
Rothschild, which Oi hired last year to improve the company's debt profile, will negotiate with local lenders
03/01/2016
Ironshore launches new $1m private insurance portfolio
Pennsylvania and Georgia will be the first states approved for new business effective March and April 2016
03/01/2016
Sovereign Funds Sold Equities Across the Board in 2015, Fleeing Broad Indices
Over $17 billion was withdrawn from global equity mandates