Saturday, 20 December 2014
Last updated 1 day ago
Apr 16 2010 | 12:40pm ET
With Quadrangle Group’s settlement of two probes into its involvement in a pay-to-play scandal could come a new fund from the firm.
New York-based Quadrangle plans to raise a new private equity fund, Reuters reports. The firm had earlier shelved plans to raise its third fund, but has now almost fully invested its second.
Quadrangle will spend the next few months preparing the fund before beginning meetings with investors.
Quadrangle is now exclusively a p.e. shop; the firm had managed about $5 billion for New York City Mayor Michael Bloomberg, but Bloomberg decided to remove that money from Quadrangle’s coffers and place it with a new investment firm that will manage his money exclusively.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.