Thursday, 30 October 2014
Last updated 4 hours ago
Oct 30 2014 | 2:12pm ET
Fortress Investment Group’s third-quarter profit fell 15%, burdened by big losses in its flagship macro funds.
The New York-based alternative investment giant said that pretax distributable earnings for the three months to September fell from $65 million to $55 million, missing analysts’ estimates.
Oct 30 2014 | 2:09pm ET
High-frequency traders are getting an edge from an unlikely source: The Securities and Exchange Commission.
Oct 30 2014 | 2:08pm ET
Swedish hedge-fund backer Brummer and Partners has added Singapore’s MNJ Capital to its stable of managers.
Oct 30 2014 | 2:07pm ET
Investors are showing quite an appetite for private equity bonds.
Oct 30 2014 | 12:03pm ET
Hedge fund law firm Kleinberg, Kaplan, Wolff & Cohen has tapped Jared R. Gianatasio as senior counsel, focused on investment funds and derivatives.
Oct 30 2014 | 11:40am ET
Mark Yusko likes a reformer—especially one that puts him in mind of Ronald Reagan or Margaret Thatcher—so India's Narendra Modi and Indonesia's Joko Widodo get his seal of approval.
Oct 30 2014 | 11:01am ET
Och-Ziff Capital Management has beaten its fundraising target with its latest real-estate fund, one which will have global ambitions.More News
Oct 30 2014 | 7:35am ET
Acadian Asset Management's numbers are big: over $70 billion in assets under management, 60 markets in its investment universe, 40,000 stocks in its database, 70 underlying characteristics used to evaluate companies. Specializing in active global and international equity strategies, the Boston-based firm employs an array of quantitative investment techniques and analytical models for active stock selection as well as peer group valuation. FINalternatives' Mary Campbell recently spoke to Acadian's director of long/short strategies, Gartmore Group-vet Alex Voitenok.
Oct 22 2014 | 12:28pm ET
From a regulatory standpoint, nearly every development since the crisis has placed more demands on internal compliance departments and a firms’ data management capabilities. Compliance departments have seen headcounts beefed up, but without the support of timely, accurate data, their job is impossible. Alan McKenna explains.
Oct 28 2014 | 9:23am ET
Retired Farallon Capital founder Tom Steyer has poured almost $56 million into his super PAC to ensure climate change is on the agenda for the midterm elections.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.