Featured Story

Level Global's Ganek Loses Bid To Hold Feds Responsible For Fund's Closure

Oct 17 2017 | 10:20pm ET

 Former Level Global co-founder David Ganek’s long-shot attempt to hold federal prosecutors and FBI agents liable for the fall of his company was dismissed Tuesday by the U.S. Circuit Court of Appeals Court in New York.

 

The Daily Alpha

Real Talk on AI Investing, Steve Bannon, Jamie Dimon, and Donald Trump

Oct 16 2017 | 12:13pm ET

This morning, we discuss Barron’s warning on artificial intelligence, Steve Bannon’s war against Republicans, Jamie Dimon’s hatred of Bitcoin, and Donald Trump’s victory lap on healthcare.

More From The Daily Alpha
 

Latest News

SS&C GlobeOp: Forward Redemption Indicator Dips To 2.69%

Oct 20 2017 | 10:36pm ET

The pace of hedge fund redemptions lessened in October after rising in September, according to new data from fund administrator SS&C GlobeOp, and they remained below year-ago levels for the ninth consecutive month. 

CVC Capital Partners Hires Hu To Lead CLO Origination

Oct 20 2017 | 10:28pm ET

Alternative investment manager CVC Credit Partners has named former Nomura Securities executive Cary Ho as a managing director and global head of CLO origination.

Mercury Capital Advisors Opens Seattle Office In iFunds Push

Oct 20 2017 | 10:21pm ET

Global private investment placement agent Mercury Capital Advisors opened a new office in Seattle, Washington and tapped iFunds distribution executive director Brian Hanson to lead it. 

Ainslee's Maverick Capital Unveils 0% Performance Fee Structure

Oct 20 2017 | 10:17pm ET

Lee Ainslie’s Maverick Capital hedge fund has become the latest large alternative manager to slash fees to some investors amid disappointing performance in its main fund.  

Goodwin Nabs PE Duo From Paul Hastings For Hong Kong Practice

Oct 20 2017 | 9:52pm ET

Law firm Goodwin has added former Paul Hastings private equity specialists Douglas Freeman and Victor Chen as partners in its international private equity practice in Hong Kong. 

HFRU Composite Index Gains +0.71% Through Mid-October

Oct 20 2017 | 9:49pm ET

The HFRU Hedge Fund Composite Index, which measures UCITS compliant hedge funds, is up +0.71% through mid-October, according to a flash update from Hedge Fund Research. 

More News

In Depth

Q&A: Sancus Capital And The Disruption Of The CLO Market

Oct 5 2017 | 6:28pm ET

Traditional collateralized loan obligation (CLO) funds in the U.S. market can offer investors attractive returns and strong credit performance, but refinancing costs and liquidity concerns are often questioned, says Sancus Capital Management founder and CIO Olga Chernova. In response, the company has designed an automatic refinancing feature named AMR that can simplify the process and bring greater transparency to the market. FINalternatives recently discussed her firm’s innovation and the improvements it may bring to the traditional CLO market.

More Features
Olga ChernovaOlga Chernova
 
 

Guest Contributor

Finding Success as Alternatives Converge

Oct 9 2017 | 4:00pm ET

Rising interest among institutional investors over the past several years has led to dramatic growth in the alternative investments industry, writes the team at SEI in this contributed article, but it has come with increasingly sophisticated demands for fee alignment and improved reporting, accounting and operational management. This strategic shift in demand means managers able to differentiate themselves not only by performance but also by simple and effective reporting, accounting and administrative processes will be best positioned to maximize their competitiveness.

More Guest Contributors
 
 

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered Financial Analyst exams will need to add a series of computer and data science topics to the body of knowledge they need to know in order to earn one of the industry's most selective designations.

The move comes as the fintech sector booms and quantitative investment models, algorithmic trading and alternative data sets play increasingly prominent roles in the asset management industry.     

More Lifestyle
 
 

FINtech

Synechron: The 'Power of 3' Approach To Fintech

Mar 2 2017 | 10:08pm ET

As the fintech space expands and matures, financial services firms are increasingly turning to one-stop-shops that combine the best of start-up innovation in areas like blockchain with process, design and technology development capabilities that can all wrap together in pursuit of broad, strategic goals. The key, according to the team at New York-based Synechron, is what the company terms the "Power of 3" - being agile enough to meet the changing needs of clients, continually investing in R&D, and yet still being large enough to scale any global project.

More FINtech
 
 

From The Archives

Due Diligence Beyond The Tear Sheet

Aug 12 2016 | 10:02am ET

For prudent investors, the ubiquitous tear sheet is ground zero for any further investigation of a fund; the more impressive they are, the more questions they raise. In our inaugural Trade Secrets column on due diligence, we look at a Brazilian direct lending fund whose tear sheet promotes performance that would make any investor sit up straight, including 100% positive months, a Sharpe ratio of 16.7, no drawdowns, and weekly liquidity. But is all as it seems?

More From The Archives