04/27/2015
Millennium Hedge Fund, Quant Trader Plan Venture
First time Izzy Englander is creating a business with one of his portfolio managers
Alternative Investments
04/27/2015
PBS Wealth Management Consultants Moves to New Office, Rebrands
The new space allows the firm to support its business plan to add additional staff.
04/27/2015
How London man may have helped trigger the 'flash crash'
Just how big a role he played has been hotly debated since the federal complaint was unsealed earlier this week
04/27/2015
Why Hedge Funds Should Fear a Hillary Clinton Presidency
Most economists and pols consider raising the capital gains tax much higher a bad idea
04/27/2015
TPG Growth Closes Third Fund with $3 Billion in Capital Commitments
Growth III has a diverse investor base consisting of public and private pension funds
04/27/2015
Canada’s Whitecap Attracts Bank of Montreal as Investor for New Fund
For the first time, the venture-capital firm takes on outside investors as limited partners in a fund
04/27/2015
Sino Mercury Acquisition Corp. to Merge with Wins Finance Group Ltd.
Sino Mercury Acquisition Corp. a special purpose acquisition company, announced today that it has entered into a definitive agreement to merge with Wins Finance Group Ltd.
04/24/2015
BlackRock & Baillie Gifford fund Funding Circle
Fund managers' fascination with alternative lending demonstrated by US peer-to-peer lender Funding Circle raising £100 million.
04/24/2015
Interactive Brokers acquires online investing business pioneer
The transaction has been approved by both parties' respective boards and is expected to close in the second quarter of 2015. Terms of the deal were not disclosed.
04/22/2015
Lexington Capital Partners VIII Closes at $10.1 Billion
LCP VIII has been formed with commitments from over 300 investors
04/22/2015
DTZ mulls $2B bid for Cushman & Wakefield
DTZ is emerging as a front-runner in a bid to buy Cushman & Wakefield and claim the title of second largest commercial real estate firm in the world.
04/22/2015
Warehouses Become Hot Property for Investors
It’s never been trendier to be a warehouse.
04/21/2015
I Squared Capital closes infrastructure fund at $3 billion
I Squared Capital has raised $3 billion for its infrastructure fund
04/21/2015
Jon Corzine is reportedly staging his comeback...
The Journal's Julie Steinberg and Rob Copeland report that Corzine has discussed plans about starting a new fund and that it would be started from his personal wealth and a small group of outside investors.
04/21/2015
The Story Behind Southport Lane’s Collapse
An insurance empire that included two insurance carriers, two offshore reinsurers, several buildings and other insurers’ investments was built by a private equity firm in part on questionable assets and is now being dismantled
04/20/2015
Private equity giant is shutting down the two mutual funds it launched just a year ago
Developing mutual funds has historically been challenging for private equity firms because the average buyout fund is illiquid, with a typical life span of 10 years.
04/20/2015
Comic publisher gives potential lifeline to embattled boss of Alliance Trust
The embattled boss of Alliance Trust has been handed a potential lifeline by the publisher of the Beano comic.
04/20/2015
BlackRock's Larry Fink gets $23.9 million payday for 2014
Package includes $900,000 base salary, $9.1 million cash bonus, $13.6 million stock compensation
04/20/2015
Prologis to Buy KTR Capital for $5.9 Billion, WSJ Says
KTR owns about 70 million square feet of real estate in 25 markets, concentrated in California, New Jersey, Chicago, South Florida and Texas
04/20/2015
City figures back Alliance in US hedge fund battle
Many companies like Alliance Trust have investment propositions that are built around long-term thinking and long-term returns