Friday, 19 September 2014
Last updated 1 hour ago
Jan 29 2007 | 1:42pm ET
New York-based Proctor Investment Managers has partnered with Circle T Explorer, a New York City-based fund of hedge funds shop, to help market emerging managers.
Under the partnership agreement, Proctor has acquired a 24.9% minority equity interest in Circle T and has become its strategic sales and marketing partner, according to the firm.
Proctor will provide Circle T with institutional and intermediary sales, marketing and client services. In addition, Proctor will assist Circle T in with risk management, compliance and financial management services.
Circle T currently has approximately $110 million in assets under management and invests only in managers at the early stages of development, which is typically when the manager’s assets under management are between $10 million and $300 million.
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…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.