Tuesday, 23 September 2014
Last updated 13 hours 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.
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…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.