Monday, 28 July 2014
Last updated 3 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.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…