Saturday, 22 November 2014
Last updated 1 day ago
Aug 11 2010 | 11:42am ET
A veteran from Farindo Investments, an Indonesian joint-venture of San Francisco-based Farallon Capital Management, is poised to raise US$350 million for his third private equity fund in four years.
Quvat Management, led by Tom Lembong, a former executive of Farallon’s Indonesian affiliate, has begun fundraising for its Quvat Capital Partners III, Bloomberg News reports. The new fund will focus on Indonesia, where its two predecessor funds already have substantial investments.
The Singapore-based firm hopes to raise US$350 million for the third fund, the same amount it raised for its second. The firm debuted in 2006 and its first fund garnered US$150 million.
In addition to working at Farindo Investments, he’s also done stints at the Indonesian Bank Restructuring Agency, Deutsche Bank and Morgan Stanley.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...