News

It seems we have a failure to communicate about a failure to communicate.

D.B. Zwirn & Co. has denied the key allegations leveled against it by the former CEO of a company it lent $20 million to.

London-based Psigma Investment Management is launching a multi-strategy fund investing in investment trusts, hedge fund of funds and exchange-traded funds next week, it said.

Beverly Hills, Calif.-based Platinum Equity has raised $2.75 billion for its latest leveraged buyout fund.

Alternative investment and consulting firm LJH Global Investments has teamed up with leveraged buyout vet John Jonge Poerink to launch LJH Linley Capital, a new private equity firm that will invest in global mid-sized companies.

Unigestion, a US$11 billion alternatives firm, has appointed Konstantinos Iordanidis as a managing director and head of hedge funds.

Chicago-based Water Street Healthcare Partners has closed its second private equity fund, at $650 million, bringing the firm’s total capital under management to more than $1 billion.

Poor performance is taking its toll on Charlemagne Capital.

The London Borough of Redbridge may be getting back into the alternatives game.

The Commodity Futures Trading Commission has sued Forward Investment Group of Santa Monica, Calif., and its sole manager, Robert Bame, accusing them of commodity pool fraud.

Zurich, Switzerland-based Kraus Partner Investment Solutions last month launched its first hedge fund with US$20 million from a pair of seed investors.
 
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