Tuesday, 30 September 2014
Last updated 2 hours ago
Jul 19 2010 | 1:00pm ET
AlpInvest Partners is for sale, and the Blackstone Group is very interested.
Europe’s largest private equity investor put itself up for sale two weeks ago after one of its flagship investors, the Dutch pension fund manager PGGM Investments, called into question its future relationship with the money manager. While the firm is still expected to be sold to its management team, led by CEO Volkert Doeksen, Blackstone is also regarded as a strong bidder, Financial News reports.
AlpInvest has received expressions of interest from several institutions, according to FN, among them are other asset management firms and sovereign wealth firms. The auction of AlpInvest is being run by Credit Suisse Group.
AlpInvest currently boasts €46 billion in commitments from its pension fund clients.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
The trading world is inundated with strategies and techniques. Here’s one way traders can get a handle on information overload.