04/10/2015
Billionaire Paulson’s Merger Hedge Fund Said Up 10% in 2015
Billionaire John Paulson’s merger strategy has gained 10 percent this year lifted by consolidation among drugmakers.
Alternative Investments
04/10/2015
Kamunting Street Returning Outside Capital, Will Convert to Family Office
Mr. Teh will continue to manage his own wealth in a so-called family office.
04/10/2015
Pinnacle to acquire CapitalMark Bank and Trust
Pinnacle Financial Partners and CapitalMark Bank & Trust jointly announced the signing of a definitive agreement for Pinnacle to acquire CapitalMark via merger
04/10/2015
Calamos Expands London Office
Enhances Research, Trading and Portfolio Management Capabilities
04/10/2015
Much more sovereign wealth cash could be headed to NYC real estate
Sovereign wealth funds made quite a splash in Manhattan real estate in 2014, with north of $2 billion in deals. But that may only be the beginning.
04/10/2015
Blackstone Hires 20 Military Service Members Transitioning Into Private Sector
As exiting military personnel pursue civilian jobs, we hope they will choose careers in the fast-growing solar industry
04/09/2015
ALPS to Buy Private Equity Mutual Fund Shop
The firm sub-advises the ALPS|Red Rocks Listed Private Equity Fund, launched in 2007.
04/09/2015
Envestnet Makes Strategic Investment in AlphaHedge Capital Partners
Innovative SMA Platform Provides Advisors with Transparent, Low-Cost Exposure to Long/Short Equity Strategies
04/08/2015
Privateer Holdings Closes Round for Cannabis Fund
Privateer Holdings, the world’s leading private equity firm investing exclusively in legal cannabis, today announced the completion of its Series B funding round
04/08/2015
Stanford endowment holds off on Asia plans
Stanford Management Company , the firm which manages investments for the US’s Stanford University, has pulled back from plans to expand into Asia as its long-time leader prepares to leave
04/08/2015
State Street's New SSGA Head to Focus on Fixed Income
The new head of State Street Corporation’s State Street Global Advisors division plans to heighten the focus on fixed income products
04/08/2015
PRA Group Receives Award for Global M&A Deal of the Year
PRA Group , a global leader in acquiring defaulted receivables, was named a Global M&A Deal of the Year recipient in the M&A Atlas Awards for its acquisition of Norway-based Aktiv Kapital AS
04/08/2015
Investors pull $4 bn from hedge funds amid weak returns
In February, the data shows a slight improvement with hedge funds taking in $7.2 billion in new money, marking the strongest inflows in the past six months
04/08/2015
BlackRock Investing In Musicians Through Alignment Artist Capital
Alignment is being formed at a time of significant change in the music industry
04/08/2015
Fidelity unveils program to help advisers unload unwanted clients
This offering may help address the client segmentation needs of many RIAs
04/07/2015
Foreign investment in Costa Rica fell 21% in 2014
Foreign direct investment in Costa Rica in 2014 totaled $2.1 billion USD, a decrease of 21% compared to the year prior
04/07/2015
Focus adds $600m Fiduciary Group’s wealth management team to network
Focus Financial Partners, a partnership of independent wealth management firms has announced the addition of the US-based $600m registered investment advisory firm Fiduciary Group to its network.
04/07/2015
State Street – Best Liquid Alternatives Administrator
The second element is thought-leadership.
04/07/2015
Western Asset Announces Preliminary Plan For Money Market Fund Offerings
Western Asset Management has a robust liquidity product set
04/07/2015
Stay Lifted For Hedge Fund Manager Michael Steinberg
A portfolio manager at Steven A. Cohen’s hedge fund, SAC Capital Advisors, was granted a chance to appeal his conviction for conspiracy and securities fraud charges in an insider trading scheme