Top Story

Ardian Raises US$10 Billion, Most For P.E. Secondaries

Apr 24 2014 | 2:30pm ET

Private-equity firm Ardian said yesterday it had raised US$10 billion from investors, including US$9 billion for the industry’s largest ever fund of funds.

The sixth-generation fund will invest in the p.e. secondaries market, buying up stakes in funds from existing investors. It will use the remaining US$1 billion to make primary commitments.

 

Latest News

P.E. Secondaries Set For Biggest-Ever Year

Apr 24 2014 | 2:25pm ET

The secondary private-equity market is set to hit an all-time high this year.

Icahn Pleased By Apple Buyback Plan

Apr 24 2014 | 2:24pm ET

Apple Inc. yesterday announced a $30 billion increase to its stock buyback program, and won Carl Icahn’s applause—even if it is only one-fifth the size he’d like.

Discovery Capital Down Double Digits

Apr 24 2014 | 1:56pm ET

Discovery Capital Management’s March difficulties didn’t end with that month.

KKR Profit Falls As Fee Income Jumps

Apr 24 2014 | 1:55pm ET

Lower returns cut into Kohlberg Kravis Roberts’ first-quarter earnings, even as its fee income soared.

Chiasson, Newman Source Settles With SEC

Apr 24 2014 | 1:54pm ET

A source of insider information to an alleged “corrupt circle” of hedge-fund traders has reached a deal with the Securities and Exchange Commission.

Allergan Trading Spiked Before Ackman-Valeant Announcement

Apr 24 2014 | 1:52pm ET

Pershing Square Capital Management founder William Ackman is basking in praise from an unusual corner as regulators look into the surge in trading around the pharmaceutical company he recently bought a nearly 10% stake in.

More News

In Depth

Q&A: Tsai Capital Founder Sees Long-Term Opportunities In Emerging Markets

Apr 10 2014 | 9:48am ET

Christopher Tsai, whose $28 million long/short hedge fund is up 29% since inception in 2011, spoke to FINalternatives senior reporter Mary Campbell recently about his fund, his outlook on emerging markets and the influence his family has had on his investment approach.

More Features
Christopher TsaiChristopher Tsai
 
 
Alric LindsayAlric Lindsay
 
 
 
 

Sponsored Content

Service Providers


Publisher's Note

    Hedge Funds Care Gala Raises $2 Million For Charity

    Mar 10 2014 | 11:33am ET

    A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…