02/21/2014

UK giant snaps up US investment firm in $50m deal

GIA was formed in 1994 to create and market customer centric index target date fund products for the DC market and is investment sub-advisor to the Wells Fargo Advantage Dow Jones Target Date Funds which have $15.6bn(3) of assets.

02/19/2014

Hedge Funds Start 2014 in the Red

According to Preqin’s Hedge Fund Analyst, hedge funds made a loss of 0.17% in January 2014, the benchmark’s first month in negative territory since August 2013.

02/13/2014

Fortress Buys Back Stake From Nomura

The Fortress Investment Group, the first publicly listed hedge fund in the United States, has bought back a stake from Nomura, one of its principal investors.

02/13/2014

Winklevoss Twins Back Aalap Mahadevia’s Hedge Fund

Cameron and Tyler Winklevoss, the twins who achieved fame after they filed a lawsuit against Facebook founder Mark Zuckerberg, immortalized in the movie, “The Social Network," are backing a new hedge fund run by fellow Harvard University gradua

02/11/2014

KKR pulls two funds in retail investor pitch setback

KKR & Co LP disclosed on Monday it would liquidate two funds targeting individual investors, in a blow to the private equity firm's efforts to widen its appeal beyond institutional investors such as pension funds and insurance firms.