Saturday, 30 August 2014
Last updated 18 hours ago
Mar 16 2011 | 12:02pm ET
Hedge funds and private equity firms are among the biggest beneficiaries of the low-interest rate environment, according to one p.e. honcho.
Henry Kravis, on the eve of Kohlberg Kravis Roberts' first general meeting—the firm went public last year—said that investors are flocking to alternative investments in search of higher yields.
"With interest rates as low as there are, more and more institutions are moving up the risk spectrum," Kravis said at a New York investor conference. "There's more money being attracted to the alternative space."
Certainly, there's more money being attracted to KKR: Kravis said the firm raised $5.4 billion last year. More than a third of the new money came from new investors, with the number of limited partners at the firm growing by almost 100 institutional investors over the last five years.
Later this year, KKR plans to offer clients another place to put their high-yield-seeking capital when it launches its first long/short hedge fund, helmed by a team of former Goldman Sachs proprietary traders led by Robert Howard.
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 ...