Monday, 27 March 2017
Last updated 2 days ago
Mar 24 2017 | 10:28pm ET
A three-judge New York federal appeals court heard arguments Friday regarding former Level Global CEO David Ganek's accusations that the search warrant relied upon by the government when it raided his hedge fund in 2010 was improperly based on fabricated assertions of insider trading.
Mar 24 2017 | 10:08pm ET
International asset manager Investec Asset Management has named former Standard Chartered executive Peter Baird as managing principal for its Africa-oriented private equity funds.
Mar 24 2017 | 9:42pm ET
Financial advisory and management company Lazard has reportedly recruited former Dimensional Fund Advisors portfolio manager Sunil Suri to join its growing activist shareholder defense team.
Mar 24 2017 | 9:09pm ET
Frankfurt-based institutional asset manager Union Investment has reportedly launched a new multi-credit fund aimed at combatting the current low-yield environment.
Mar 24 2017 | 8:38pm ET
A group of investors, including recently shuttered hedge fund Perry Capital, have filed for a rehearing of a case on whether the U.S. government has improperly seized profits of mortgage giants Fannie Mae and Freddie Mac since 2012.
Mar 24 2017 | 8:20pm ET
Twin Brook Capital Partners, the direct lending unit of private equity giant Angelo, Gordon & Co, has hired former Fifth Third Bank executive Garrett Ryan as a partner and head of capital markets.
Mar 24 2017 | 8:06pm ET
Financial industry veteran Manny Friedman is planning to list a new vehicle in London that will invest in asset-backed securities and real estate opportunities made available through regulatory upheaval.More News
Mar 23 2017 | 5:39pm ET
Several years of extremely low interest rates have pushed some investors into equities because dividend yields were more competitive, while fixed income investors have been forced to extend duration or go down the credit curve. In both cases, investors may be taking more risk than they would like – with significant implications in the event of corrections in equities, bonds or credit spreads.
Recently, FINalternatives' Garrett Baldwin caught up with Rick Selvala, CEO of Harvest Volatility Management, to discuss his thoughts on the current environment and his firm's novel approach to adding incremental yield without taking on more equity, duration or credit risk than desired.
Mar 8 2017 | 9:24pm ET
The explosive growth of private debt over the past few years has caused the lines between alternative credit and private equity to blur. As institutional portfolios increasingly deploy capital to direct lending and other credit vehicles, private debt now anchors the growth aspirations of many PE firms. However, as explored by the team at SEI, managers entering the private debt space should not underestimate the operational, administrative and regulatory challenges unique to the asset class.
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.
Mar 2 2017 | 9:08pm 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.
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.