Thursday, 25 December 2014
Last updated 1 day ago
Mar 21 2007 | 12:30pm ET
New York-based RREEF Alternative Investments has held the final close of it’s first private equity offering at $775 million.
RREEF, the alternative investments business of Deutsche Bank, said investors in the DB Secondary Opportunities Private Equity Fund hail from the U.S., Europe and the Middle East.
The fund has already agreed to acquire 97 p.e. interests from its parent for $415 million, and will invest in secondary positions in existing partnerships and co-invest in other companies.
The new fund is managed by Charles Smith, head of global private equity, and Carlo Pirzio-Biroli.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.