Tuesday, 25 October 2016
Last updated 18 min ago
Oct 19 2016 | 10:40pm ET
Close on the heels of news that it will lower the fees charged to some investors in its flagship hedge funds, London-based hedge fund manager Brevan Howard Capital Management will no longer charge management fees on profits made by a listed vehicle that invests into the company’s main fund.
Oct 25 2016 | 10:17pm ET
Global private capital company Ardian has promoted Mark Brenke to the role of co-head of the company’s rapidly growing private debt business.
Oct 25 2016 | 9:46pm ET
Adding leverage to an alternative investment fund does not necessarily increase the risk, according to a new joint study by the Alternative Investment Management Association and the CAIA Association.
Oct 25 2016 | 9:11pm ET
The U.S. unit of Aegon Asset Management has named former Westwood Management executive Martin Coughlan as the company’s head of distribution.
Oct 25 2016 | 9:00pm ET
French alternative asset manager Tikehau Capital has lifted a team out of Lyxor Asset Management responsible for four European senior debt funds totaling more than €700 million in AUM.
Oct 25 2016 | 8:33pm ET
Dallas-based CenterOak Partners has strengthened its team with the hire of three new professionals to support the firm's investment, monitoring and investor relations functions.
Oct 25 2016 | 7:43pm ET
After the U.S. Supreme Court denied her request to put her long-awaited SEC administrative trial on hold, private equity maven Lynne Tilton and her company, Patriarch Partners, finally faced off against the SEC in a hearing yesterday.More News
Oct 20 2016 | 9:03pm ET
Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups and established companies alike, all seeking to harness the power of distributed ledgers for the financial sector. One such group, named R3, is a consortium of 70 of the world's biggest financial institutions, and true to Bitcoin's open-source origins, is making their blockchain code publicly available in what could become the industry standard for the nascent technology.
Sep 29 2016 | 5:46pm ET
There are two main goals a hedge fund should have for an initial in-person sales meeting with a prospects, says Bruce Frumerman of Frumerman & Nemeth. The first is to learn more about the prospect's portfolios, investment plans and needs. The second is to effectively tell the hedge fund’s story and the role it could play within the prospective investor’s total portfolio, provided there is a fit. In this contributed article, Frumerman explains the four topics crucial to a fund's first in-person meeting with a prospect, and the secret weapon to winning subsequent ones.
Oct 7 2016 | 10:55pm ET
Alternative investment managers have emerged as some of the most significant art collectors of the 21st century. While art is fairly unique in that financial sponsors can own it for intellectual, cultural and social reasons, there are also financial and strategic reasons as well. For instance, says Evan Beard, national art services executive with U.S. Trust, Bank of America Private Wealth Management, art can also be a great asset through which to unlock otherwise captive capital.
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?
Oct 21 2016 | 9:03pm ET
Cloud-based services are all the rage among fintech firms these days, but the team at New York-based Infohedge pioneered the concept of a private cloud service designed exclusively for investment management firms. The company’s single-custody platform does not outsource any product features – all systems are owned, designed, and operated by InfoHedge – and brings state-of-the-art security, reliability, scalability and white-glove service to hundreds of hedge funds, investment managers, B/D’s and family offices.
Aug 9 2016 | 2:39pm ET
The age-old financial concept that higher yields are the result of higher risk and lower liquidity has become much more complicated in the current environment, argues Jeff Haas of asset-backed lending specialist Old Hill Partners. Given the lack of yield and thin liquidity available in some traded credit markets, investors should embrace the illiquidity inherent in prudently structured private debt strategies as a way to capture yield and augment fixed-income allocations.