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Alternative Investments

04/26/2018

Sago, 50, joined Japan Post Bank in 2015 and was tasked with revamping the management of its $1.9 trillion investment portfolio amid ultra-low interest rates.

Tax experts said those investments are likely in private equity funds and hedge funds located in offshore tax havens, such as the Cayman Islands.

04/26/2018

Hedge fund attacks Bruce Berkowitz's top holding

Notorious short seller Kerrisdale Capital issued a biting report on the Fairholme fund’s biggest bet

04/25/2018

CPPIB global head of investment partnerships to depart; 4 promoted to senior managing director

The changes are part of a restructuring of the board's senior executives, according to the release.

04/25/2018

Neuberger Berman Places Five Wealth Advisors on Barron's "Top 100 Financial Advisors" List

Joining them in the ranking this year are Brian Hahn of Illinois and Holly Newman Kroft of New York.

04/24/2018

Hedge fund billionaire Steve Cohen's venture capital group is on a fintech tear

On Tuesday, a mobile credit card startup called Extend will announce it has a $3 million investment led by Steve Cohen's Point72 Ventures along with others.

04/23/2018

Capita jumps as Woodford and Barnett back cash call

Capita's three-for-two rights issue will be launched at a heavily discounted 70p price.

04/23/2018

MadDog Ventures Announces Closing of $26.7 Million Venture Capital Fund

The MadDog Ventures team combines a wealth of management, strategic and operational expertise across multiple industries and disciplines.

04/23/2018

Peru firm signs deal to bring two VC funds to LatAm

As the volume of what is being invested abroad has grown, investors have more options and are looking to a more globalized [and diversified] alternatives portfolio,’ Espada said.

04/22/2018

American vulture hedge fund Elliott steps up raids on UK boards

The firm has been snapping up stakes in the companies behind some of the UK’s best-known brands, demanding changes including break-ups, takeovers and restructuring.

04/22/2018

The Man Who Could Eat Half the Profit in Fund Management

A Q&A with the former CEO of AllianceBernstein and pay-for-alpha proponent.

04/21/2018

Hedge funders’ lavish gala raises $1.5M for Lincoln Center

Kicking off the event, which raised $1.5 million for Lincoln Center for the Performing Arts and related organizations, was former New York City Mayor Michael Bloomberg.

04/20/2018

Capital One advisors to go indie with Advisor Group firm after M&A deal

Some 33 key advisors within the group will run the new Woodbury offices in the New York City area, the mid-Atlantic region, Louisiana and Texas, says Woodbury CEO Rick Fergesen.

04/19/2018

Hedge fund manager Cohen heads east to 'swing big' with Point72 Ventures

Asia presents a chance to "swing big" because it's unburdened by technological infrastructure, particularly in financial services

04/19/2018

Harneys predicts major upswing in infrastructure investments in Argentina

Harneys expects the Cayman Islands to play a significant role in structuring the investment opportunities for the mammoth infrastructure requirements.

04/19/2018

Avenue Capital to launch 'impact' investment fund, source says

Avenue, led by billionaire Marc Lasry and best known for its bets on distressed debt, is seeking to raise about $500 million for the new fund, said the source, who requested anonymity because the information is confidential.

04/18/2018

HighTower to Buy Salient Private Client in Houston

The deal will give HighTower its first footing in Texas and its first trust business, Salient Trust Co., LTA.

04/18/2018

Merrill Exile Riley Etheridge Resurfaces at American Funds

His career included a stint running the New York and Mid-Atlantic regions of Merrill’s Private Banking and Investment Group.

04/17/2018

Public Policy Forum and TD Bank Group announce multi-year Future of Work strategic partnership

TD will provide a $750,000 investment as part of its global corporate citizenship platform, The Ready Commitment, to help open doors for an inclusive future.

04/17/2018

Frazier Investment Management Launches Financial Services and Investment Management Practice

Rhode Island-based financial services firm Frazier Investment Management to offer modern planning advice to entrepreneurs, businesses, families and individuals.

04/17/2018

BofA: Money manager equity allocations continue to drop

Only 18% of investors surveyed think equities have already peaked, while 40% expect a peak in the second half of 2018.

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