03/10/2014
Worth Venture Partners launches multi-manager hedge fund
The Emerging Manager Onshore Fund launched with USD45m on 3 February with a commitment letter from an anchor investor for an additional USD10m.
Alternative Investments
03/10/2014
Highbridge's Bernstein To Launch Tech-Media Hedge Fund
Adam Bernstein, technology sector head and fund manager at Highbridge Capital Management, plans to launch a tech and media-focused hedge fund.
03/10/2014
CIBC Asset Management Announces Portfolio Sub-Advisor Changes to International Equity Mandates
CIBC Asset Management Inc. today announced portfolio sub-advisor changes to further strengthen its lineup of international equity funds.
03/09/2014
Hedge funds record highest monthly inflow in three yearsHedge funds record highest monthly inflow in three years
Industry assets climbed to a five and a half year high of USD2.2trn in February, according to estimates based on data from 3,374 funds.
03/06/2014
Puerto Rico Bond 'Alternative' Investors To Square Off Against Retail Investors
Puerto Rico is heading toward a $3.5 billion bond offering this month which would be used to help stabilize the island's finances and pay interest on its $70 billion in current debt.
03/05/2014
Who is the reclusive billionaire creator of Bitcoin?
Strangely, nobody knows who created it
03/05/2014
New Hedge Fund Managers Join Forbes’ Billionaire List
The new Forbes billionaire list reports that there are now 46 hedge fund billionaires on the list, with 6 of them newcomers.
03/03/2014
Warren Buffett Gets Away With Paying His Employees Less By Using This One Weird Trick
The latest Berkshire Hathaway annual shareholder letter came out yesterday, and in it, Warren Buffett gives us a status update on two portfolio managers that came to work for the company in recent years.
03/03/2014
Top hedge fund third party marketers are more important than ever to investors
Many of these firms have morphed into asset gatherers from alpha generators by managing significantly more assets than their strategies can optimally handle.
03/03/2014
The World's Hedge Fund Billionaires
There are now 46 billionaires in the world who have derived most of their wealth from managing hedge funds.
03/03/2014
Vanguard Asset Management soft closes two funds
Vanguard Asset Management has soft-closed two of its popular US equity funds to new investors.
02/28/2014
Old Mutual To Proceed With IPO Of US Asset Management Business
According to the firm, the offering is to enhance USAM's financial and operating flexibility to deploy capital to continue to grow and develop further its multi-boutique asset management business.
02/27/2014
WisdomTree Extends Global Reach in Latin America
WisdomTree Investments, Inc. an exchange-traded fund sponsor and asset manager, today announced the Superintendencia de Banca, Seguros y AFP, the Peruvian pension funds investment regulator, has approved 12 WisdomTree ETFs for sale to Peruvian pension fu
02/27/2014
Fortress Reports Fourth Quarter and Year End 2013 Results
Fortress Investment Group LLC today reported its fourth quarter and year end 2013 financial results.
02/26/2014
Remy Trafelet reopens hedge fund after 5 years
If the name Remy Trafelet seems familiar, you might remember him and his fund Trafelet Capital Management, a multi-billion dollar long/short fund founded in 1999.
02/25/2014
Nicholas Schorsch's Shopping List
Nicholas Schorsch isn't done with the advisory space yet
02/25/2014
Broken Walls Set Course for Bitcoin’s ‘Lehman Moment’
The ongoing troubles at bitcoin exchange Mt. Gox highlight a risk for investors: where, in the virtual-currency world, are the boundaries between broker, exchange and clearing house?
02/24/2014
AIFMD: How new rules will affect the day job for private equity
With just four months to go until the AIFM Directive for the private equity industry comes in to effect, there is finally some clarity over what the new rules will mean for private equity dealmakers in practice.
02/24/2014
Euroclear Bank selected for settlement of US stocks by EuroCCP
Under the service which was launched today, transactions in US stocks listed and traded on Turquoise will be settled on behalf of clients at Euroclear Bank in any of the 54 settlement currencies offered by the ICSD.
02/24/2014
SS&C GlobeOp Forward Redemption Indicator
The SS&C GlobeOp Forward Redemption Indicator for February 2014 measured 3.38%, up from 2.67% in January.