Monday, 24 November 2014
Last updated 6 hours ago
Feb 16 2010 | 3:33am ET
Healthcare hedge fund shop Visium Asset Management will launch a new fund on March 1. On the same day, it will close its $1.5 billion flagship to new investments.
New York-based Visium’s third fund will be a multi-strategy vehicle. It has been seeded by Visium’s partners with $100 million, according the Hedge Fund Alert.
Visium also manages a credit fund with $30 million in assets. That fund was launched last May, and returned 19.9% in its first eight months.
Visium recently hired former SAC Capital Advisors fundraiser Jason Huemer as president.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...