Tuesday, 30 September 2014
Last updated 22 min ago
May 18 2011 | 10:49am ET
Hedge fund and asset management firm Oaktree Capital Management is set to become the next alternative investments house to dip its toes into public water.
The Los Angeles-based firm, which has a total of $82 billion in assets under management, plans to move its shares from a private exchange run by Goldman Sachs to the New York Stock Exchange. Oaktree's move would echo Apollo Global Management's switch from the same Goldman secondary market to the NYSE in March.
But unlike Apollo, Oaktree would not pair the move with a concomitant initial public offering, the Financial Times reports.
Oaktree sold about 30% of itself in a private placement to institutional investors four years ago. The firm's principals, led by founders Bruce Karsh and Howard Marks, retained the rest.
Goldman is managing the share transfer.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
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…
The trading world is inundated with strategies and techniques. Here’s one way traders can get a handle on information overload.