Saturday, 30 August 2014
Last updated 1 day ago
May 31 2011 | 9:42am ET
Goldman Sachs Asset Management plans to launch a fund of emerging hedge fund managers as investors increasingly look to smaller funds for stronger returns.
Goldman hopes to raise hundreds of millions of dollars for the fund of funds, Financial News reports. That effort comes alongside Goldman's current fundraising for a hedge fund seeding vehicle, to be headed by Ali Raissi.
GSAM has entrusted the fund of funds to Ryan Roderick, a managing director of hedge fund strategies in New York. That vehicle will seek out undiscovered managers, investing in those willing to offer it a fee break. The seeding fund will take ownership stakes in the funds it selects.
Roderick's fund of funds may also invest in hedge fund startups, FN reports. But it will focus on smaller hedge funds that haven't reach a critical mass of assets under management.
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 ...