Friday, 29 August 2014
Last updated 9 min ago
Aug 29 2014 | 8:24am ET
The Blackstone Group is recruiting traders from some big-name hedge funds for its planned big-bet best ideas vehicle.
The alternative investments giant is set to launch the multi-billion dollar hedge fund in a few weeks. And Blackstone Senfina Advisors has now hired the first traders for the vehicle.
Aug 29 2014 | 10:00am ET
When Maury Fertig and Bob Huffman, former Salomon Brothers coworkers, launched Relative Value Partners in 2004, the only people they knew with money were “other Wall Street people.” So they started managing money for money managers and today financial industry types still account for about half their clientele. RVP invests in closed-end funds, managing $950 million across a number of strategies, the oldest of which—their Balanced strategy—is up 7.33% on an annualized basis since inception in '04.
Aug 29 2014 | 8:20am ET
Elliott Management founder Paul Singer is a better hedge-fund manager than he is a person, according to Hayman Capital Management’s Kyle Bass.
Aug 29 2014 | 8:19am ET
York Capital Management is under investigation for allegedly illicit naked short sale of a Spanish bank.
Aug 29 2014 | 8:18am ET
Harbinger Capital Management founder Philip Falcone is under fire over his bid to acquire the minority of steel-fabricator Schuff International that it doesn’t already own.
Aug 29 2014 | 8:16am ET
Dollar General CEO Rick Dreiling said yesterday that his company remains committed to buying rival Family Dollar Stores, in spite of its opposition to the merger.
Aug 29 2014 | 7:37am ET
The Baupost Group rid itself of substantially all of its investment in Portugal’s collapsed Banco Espírito Santo before the bank went under earlier this month.More News
Aug 25 2014 | 10:34am ET
Liquid alternative investment funds saw the highest percentage of capital inflows last year in a head-to-head turf battle v. hedge funds for investor assets. As regulatory efforts heat up in Washington, Deirdre Brennan of FINalternatives considers new questions about management structure and fees.
Aug 22 2014 | 12:52pm ET
The last five years were phenomenal for investors in equity indices. Will the next five years offer the same opportunities? Campbell & Company's Susan Roberts gives us her view on managed futures and what they may hold in store for investors.
Aug 28 2014 | 3:01pm ET
Och-Ziff Capital founder Daniel Och and his wife have made a "generous donation" to her alma mater to fund a program for women in finance.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...