The healthcare sector went on a tear beginning in 2011, thanks in large part to the passage of the Affordable Care Act and its impending implementat
Thursday, 19 January 2017
Last updated 16 hours ago
Jan 17 2017 | 6:08pm ET
Anthony Scaramucci has agreed to sell a majority stake in the firm he founded, SkyBridge Capital, and step down immediately from his role as co-managing partner as the well-known alternative investment manager prepares to take up his new position as an advisor to incoming president Donald Trump.
Jan 18 2017 | 10:18pm ET
London-based Belgrave Capital Management, a unit of Swiss financial services company Banca del Ceresio, has launched a new UCITS-compliant fund of funds strategy aimed at providing exposure to a number of leading equity managers.
Jan 18 2017 | 9:52pm ET
Comvest Partners has named former H.I.G. Capital executive Matt Gullen as a partner and member of the firm’s investment committee for private equity strategy.
Jan 18 2017 | 9:40pm ET
Leland Lim’s macro-oriented hedge fund Guard Capital Management reportedly lost 5.1% last year despite a recovery from steep declines experienced earlier in the year.
Jan 18 2017 | 8:54pm ET
Five of IndexIQ’s six hedge fund replication strategies were up strongly in December, riding the year-end moves in financial markets. For the year, all six were in the green.
Jan 18 2017 | 8:04pm ET
Ramius CEO Michael Singer has stepped down to pursue new career opportunities and will be replaced by Fred Fraenkel, vice chairman of Ramius’ parent company Cowen & Co., who has been named interim head of asset management.
Jan 18 2017 | 6:50pm ET
State Street will pay $64.6 million to resolve U.S. investigations into what prosecutors said was a scheme to defraud six clients through secret commissions on billions of dollars of trades, authorities said on Wednesday.More News
Jan 17 2017 | 4:43pm 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.
Jan 13 2017 | 8:22pm ET
The $7 trillion alternative investments industry is poised for continued growth in 2017, according to DarcMatter founder and CEO Sang Lee. In this contributed article, Lee explores the top five trends he sees shaping up for the alternative investment industry this year.
Dec 22 2016 | 9:23pm ET
Spending on Wall Street holiday parties has largely returned to pre-2008 levels as the climate on Wall Street turns more optimistic, although many firms are still mindful of the public's reaction to lavish events following the financial crisis and downplay the festivities.
Jan 9 2017 | 5:54pm ET
The Depository Trust & Clearing Corporation, better known as DTCC, has selected IBM, in partnership with Axoni and R3, to provide a distributed ledger technology framework to drive improvements in post-trade derivatives settlement.
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?