Thursday, 27 November 2014
Last updated 1 day ago
Sep 20 2010 | 1:29am ET
Times are tough for alternative investment firms looking to raise money. LGT Capital Partners hasn’t noticed.
The Swiss hedge fund and private equity firm has boosted its assets by more than a quarter over the past two years, raising some US$4 billion.
LGT alone accounts for almost half of the €2 billion raised this year by funds of private equity funds, pulling in €562 million for its Crown Premium IV fund and €429 million for its Crown Europe Middle Market II fund.
“We focus on smaller and mid-market funds which were less impacted by the crisis, whereas some investors were overweight towards mega-buyout funds,” partner Tycho Sneyers told Financial News. “Our strategy has helped keep returns at a steady level and attracted further investment.”
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...