Monday, 3 August 2015
Last updated 53 min ago
Jul 9 2010 | 10:45am ET
Sydney, Australia-based Ascalon Capital Managers has taken a stake in local hedge fund Regal Capital Management.
The hedge fund seeder said it bought 30% of Regal, but did not disclose how much it paid. Regal manages about US$350 million and includes Australian long/short and Asian quantitative strategies in its portfolio.
Australian bank Westpac Group bought Ascalon in October from private equity shop Kaplan Equity. The firm now has stakes in seven money managers.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…