Wednesday, 27 August 2014
Last updated 45 sec ago
Mar 7 2007 | 12:01pm ET
New York-based Xerion Capital Partners is reopening its event-driven fund, Xerion Partners II, to new investors on April 1. The fund, which closed in 2004, has managed some $500 million since then, according to founder Daniel Arbess.
Arbess declined to specify how much the fund, which focuses on stressed, distressed and special situations in both the debt and equity markets, is looking to take in before closing again.
Paloma Partners seeded the fund in 2003 and it has generated four-year annualized net returns of 18.12% since then, according to the firm.
In other firm news, Xerion has hired John Crawley, former marketer for Abacus Asset Management and Pirate Capital, to head its marketing effort.
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...