Saturday, 26 July 2014
Last updated 11 hours ago
Feb 25 2010 | 1:14pm ET
Highbridge Capital Management is eyeing a stake in Brazilian alternative investments firm Gavea.
The JPMorgan Chase-owned hedge fund giant is in talks with Rio de Janeiro-based Gavea, founded by former Brazilian central bank head Arminio Fraga, a Brazilian newspaper reports. It is unclear how large a stake Highbridge would take, according to Valor Economico, but the US$5.8 billion firm’s management would remain in place and maintain their “autonomy.”
Fraga is a member of JPMorgan’s international board.
Highbridge manages $21 billion in assets under management.
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…