03/17/2014
Former Ruth’s Chris Steak House CEO joins hedge fund group against Darden
Starboard Value LP continues to beef up its advisory board to battle against Darden Restaurants.
Alternative Investments
03/14/2014
PAM AWARDS: ACE Private Risk Services Named "Best High Net Worth Insurance Company"
The Private Asset Management Awards recognize companies that have successfully serviced high net worth individuals in an increasingly complex economic environment.
03/14/2014
Qatar Investment Authority mulls US opportunities
The Qatar Investment Authority has a ‘high priority’ to make further investments in the United States
03/13/2014
New York private equity fund seeks tech partners in Oz
The firm has recruited well-connected Australian businessman Phil Scanlan to its strategic advisory board.
03/13/2014
Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.94% in February
“Net flows were positive for the month, with subscriptions outpacing redemptions by 2 to 1,” said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies.
03/12/2014
Private Risk Management Association Is Formed as Independent, Non-Profit Organization to Lift High Net Worth Insurance Category
Specialist carriers ACE Private Risk Services and Privilege Underwriters Reciprocal Exchange, as well as numerous independent agents and brokers across the country, are among PRMA’s Founding Members and Sponsors.
03/12/2014
Hedge fund administrators continue to grow, technology a leading cost driver
As regulation and reporting requirements grow for alternative investments, hedge fund administrators are growing as well.
03/11/2014
RPT-Hedge funds look to put strategies into ETFs to lure more investors
More client-hungry hedge fund managers are looking to put their investment strategies to work in exchange-traded funds, a move that could exponentially expand their pool of investors but requires them to slash investment management fees.
03/11/2014
State Street unit at top of hedge fund administrator ranking
State Street Alternative Investment Solutions had the most hedge fund assets under administration in the second half of 2013
03/11/2014
New Oberweis International Opportunities Institutional Fund Launches
Oberweis Asset Management, Inc., a registered investment advisor specializing in the global management of micro-, small- and mid-capitalization growth portfolios announced today that it will manage a new fund, the Oberweis International Opportunities Inst
03/11/2014
Institutional Flows Bolster Hedge fund Industry
Rising allocations from institutional investors helped increase hedge fund assets under administration by more than 6% in the second half of 2013.
03/11/2014
SAC Capital Just Got A New Name
SAC Capital, the once $14 billion Stamford, Conn.-based hedge fund run by Steven A. Cohen, just got a new name.
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.
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.