04/21/2016
Blackstone’s Senfina hedge fund suffers 15% fall
Wrongfooted industry stars cast new light on ‘multi-strategy’ approach that attracted many in 2015
Alternative Investments
04/21/2016
Need to Optimize Risk-Adjusted Performance Remains Top Driver of Interest in U.S. Alternatives
"Expected returns across markets appear to be low, due to relatively expensive equity market valuations and historically low developed market interest rates," states Michele Giuditta, associate director at Cerulli.
04/21/2016
BBH Capital Partners Fund V closes at $802 mln
The Co-Managers have spent nearly 16 years together on average managing funds with total capital commitments in excess of $2.15 billion.
04/21/2016
Cetera Financial Group and Cetera Advisor Networks Announce Recruitment of Empire Asset Management Group to Broker-Dealer and Corporate RIA Platforms
Based in Albany, New York, Empire is comprised of seven professionals
04/20/2016
Multifamily Investors Seek More Value-Add Deals
Yield-driven multifamily investors are more and more likely to focus on fixing up older properties.
04/20/2016
CNO Financial Group Announces Strategic Investment in Tennenbaum Capital Partners
The commitments include investments in TCP's direct lending and special situation strategies and a $30 million commitment to its publicly traded business development company, TCP Capital Corp.
04/20/2016
Argentina Shows Bond Investors Covet Big Deals
Belief big bonds will be easier to buy and sell fuels bias toward larger issues
04/20/2016
Cibc Asset Management launches new fixed income strategies for institutional investors
CIBC Asset Management has also added new tools for liability-aware investors seeking active strategies managed against public benchmarks.
04/19/2016
Michigan Bank Plans Rare U.S.-Based Sharia-Compliant Bond Deal
The sukuk would be governed under the laws of New York state, the statement said. This contrasts with previous sukuk issued by U.S. entities, which have opted for offshore domiciles.
04/19/2016
Why NYCERS should reconsider exiting all hedge funds
Hedge fund indices historically have had significantly less volatility than the equity markets.
04/18/2016
Japan's SMBC Nikko sets up investment banking team in New York - CEO
The team will grow to around 10 members by March next year
04/18/2016
Judith McGee Chair/CEO of McGee Wealth Management Selected as one of Barron's 2016 Top Financial Advisers in US and Ranked Number One in Oregon
Judith McGee, L.H.D., C.F.P.®, and Chair/CEO of McGee Wealth Management has been selected as one of Barron's 2016 Top 1,200 Financial Advisers in the Country, and ranked number one in Oregon.
04/18/2016
Abu Dhabi Plans First Bond Since 2009 as Oil Drop Curbs Finances
A sale of dollar-denominated benchmark-sized Regulation S and 144A securities may follow, subject to market conditions, said the person, asking not to be identified because the information is private.
04/18/2016
UK asset manager buys private equity firm to tap Silicon Valley growth
The firm makes both direct company venture capital investments, where it leverages its network of global relationships to help create value for its portfolio companies, and indirect company investments by investing in venture capital and private equity fu
04/18/2016
Rebalancing Your Balanced Portfolio: BMO Global Asset Management Insights
Alternative investments feature a diverse group of strategies and management styles. Among those often included within liquid alternatives mutual funds are equity hedge, credit, relative value and macro-driven tactics.
04/17/2016
Dol Fiduciary Rule Impact Seen In Tens Of Billions Of Dollars
The DOL imposed a fiduciary standard, but provided exemptions and a slower implementation timetable.
04/17/2016
Trio exiting Riverside to debut own fund with Align Capital Partners
That means there won’t be any direct competition with Riverside, which, at its size, doesn’t tend to focus on companies worth less than $300 million.
04/15/2016
Carlyle Group Wants to Buy Halliburton and Baker Hughes Assets
The private equity group is going head-to-head with GE, a source says.
04/15/2016
'Let them sell their summer homes': NYC pension dumps hedge funds
The move by the fund, which had $51.2 billion in assets as of Jan. 31, follows a similar actions by the California Public Employees' Retirement System (Calpers), the nation's largest public pension fund, and public pensions in Illinois.
04/15/2016
Brand tie-up: Donald Trump eyes commercial realty in India
The Trump-IREO deal will be for a new high-end 600,000-700,000 sq ft office building on Gurgaon’s Golf Course Extension Road.