Tuesday, 2 September 2014
Last updated 3 days ago
Dec 9 2010 | 9:15am ET
Istanbul-based investment management firm Egeli & Co. has recently launched a special situations hedge fund.
The new vehicle, the Egeli & Co Special Situations Fund, will make investments in corporate restructurings, distressed debt, undervalued companies and public securities as well as other investments involving debt, equity and hybrids in Turkey and the surrounding region. Egeli & Co plans to soft close of the new fund at US$150 million.
Caledonian Fund Services (Europe) is serving as the administrator and PriceWaterhouseCoopers as the auditor. The fund, which is domiciled in the Cayman Islands, charges 2% for management and 20% for performance.
In addition to the new fund, Egeli & Co manages a long-only Turkish equity investment trust and a multi asset investment company—both of which are listed on the Istanbul Stock Exchange. The emerging markets-focused firm has also announced plans to launch Turkey’s first agriculture investment fund during first quarter of 2011.
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...