Featured Story

Tudor, Brevan Howard Said To Ditch MiFID II Licenses In Favor Of AIFMD

Aug 15 2017 | 12:18am ET

The U.K. affiliate of alternative investment manager Tudor Investment Corp. and London-based Brevan Howard Asset Management have reportedly dropped licenses under the EU’s revamped Markets in Financial Instruments Directive (MiFID II) and have opted for registration under the less onerous Alternative Investment Managers Directive.

 

The Daily Alpha

Real Talk with Brian Tortorella of Smith Graham

Jul 21 2017 | 11:16am ET

This morning, we sit down with Brian Tortorella of Smith Graham to discuss the state of the alternatives industry.

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Latest News

Ackman: ADP Stock Could Double In Five Years If Transformation Plan Implemented

Aug 17 2017 | 10:25pm ET

Bill Ackman’s activist hedge fund Pershing Square held a conference call on Thursday in which he detailed the reasoning behind his ambitious decision to target payroll processing behemoth Automatic Data Processing, declaring that the company’s stock could double in the next five years if a series of changes are instituted now.

Wind Point Partners Names Liberman To Top Investor Relations Post

Aug 17 2017 | 9:48pm ET

Wind Point Partners has named former Sterling Partners executive Ron Liberman as its new director of investor relations, marketing and communications.

Pictet Asset Management Taps Pine River's Pearce For Total Return Credit Team

Aug 17 2017 | 9:45pm ET

Swiss investment manager Pictet Asset Management, a unit of the Geneva-based private banking company Pictet Group, has recruited former Pine River Capital executive Evan Pearce as a senior investment manager within the company’s total return credit team.

Hedge Fund Research Debuts Family Of Six Risk-Parity Indexes

Aug 17 2017 | 9:43pm ET

Hedge Fund Research, a leading provider of indexes, data and analytics for the hedge fund industry, has launched a new family of risk-parity metrics aimed at institutional investors and managers seeking comprehensive and robust performance benchmarks for the popular market segment. 

Epsilon Asset Management Raises $100M For Three Equity Strategies

Aug 17 2017 | 9:38pm ET

Former Clovis Capital CEO William Cline is said to be part of a group that has seeded new equity-focused alternative asset manager Epsilon Asset Management with more than $100 million in committed capital for three equity-focused strategies.  

Ex-HMC Portfolio Manager Fellas Said To Be Launching Crypto-Focused Hedge Fund

Aug 17 2017 | 9:33pm ET

Former Harvard Management Company portfolio manager Lewis Fellas is reportedly prepping a new hedge fund that will invest into cryptocurrencies such as bitcoin and other blockchain-based assets.

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In Depth

Q&A: Rotation Capital's Rothfleisch On SPAC 2.0

Aug 11 2017 | 7:43pm ET

Corporate actions have long been a staple of event-driven investors, but activity levels can rise and fall with the credit cycle and make late-stage investing more daunting. Indeed, notes Rotation Capital CEO Matt Rothfleisch, “winter is coming”…and investors should adapt to incipient changes in market conditions accordingly. We recently caught up with Matt to hear his thoughts on investment approach, the revitalized SPAC market, opportunities in distressed instruments, and the general market outlook.   

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Matt RothfleischMatt Rothfleisch
 
 

Guest Contributor

Star Mountain: Private Lending in the Lower Middle-Market

Aug 14 2017 | 4:45pm ET

Private credit has become one of the most popular alternative asset classes in recent years due to persistently low yields, but much of the attention has been given to larger, more established borrowers. Meanwhile, companies in the lower middle-market, says Star Mountain Capital’s Brett Hickey in this contributed article, offer private debt investors the best of several worlds: a rich origination environment, attractive risk-adjusted returns, and much lower leverage ratios (and thus default risk) than is typically assumed. 

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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.     

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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.

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From The Archives

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 5:43pm ET

By definition, alternative investments include exotic assets far beyond your typical equity and debt securities, and fund managers are increasingly interested in the attractive - and largely uncorrelated - investment characteristics of such things as artwork, classic cars, and as Emily Lane of Elan Fine Instruments explains in this in-depth article, rare instruments such as violins. 

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Emily LaneEmily Lane
 
 

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