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
Alternative Investments
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
04/07/2015
Galva Investment to acquire Franklin Bank
Galva Investment will acquire Franklin Bancshares
04/07/2015
UBS to offer clients clearing member services for Nodal Exchange
Nodal Exchange, LLC announced today that UBS Securities, LLC, through its LCH.Clearnet Ltd membership, is now offering clients Clearing Member services for Nodal Exchange
04/07/2015
Billionaire Cohen Said to Sell $25 Million Dubuffet ‘Paris’
Billionaire money manager Steven A. Cohen is selling a dense, vibrant 1961 Jean Dubuffet painting valued at $25 million
04/06/2015
Lipper Names ’15 Fund Award Winners
Top group awards from the research group go to MassMutual Retirement Services and TIAA-CREF
04/02/2015
ACE and BlackRock Announce Launch of ABR Re
The reinsurance market is undergoing cyclical and structural changes
04/02/2015
2015 U.S. Lipper Awards Focus on Funds with Steady Returns
Sixty-eight funds were recognized for leading their categories on a risk-adjusted basis
04/02/2015
Canada’s newest exchange promises to thwart high frequency traders
Aequitas NEO Exchange erects ‘speed bumps’ it says will eliminate advantages of high speed trading
04/01/2015
CIFC Wins Private Debt Investor's 2014 CLO Manager of the Year
Winners were determined from more than 3,000 votes cast by eligible voters in the private debt community.