Berwyn, Penn.-based asset management firm Seedling Capital has launched a hedge fund with $9.8 million, according to regulatory filings. The new fund is aiming to raise $125 million.
The man behind the biggest act of consolidation in the hedge fund industry says that mergers and acquisitions activity in the sector is set to pick up—with a possible surprising twist.
Crude oil has broken through levels not seen since 2014 and it appears to be entering a new phase, ending the downward super cycle that took crude from above $100 per barrel to under $30, and entering a phase where both supply and demand are expected to grow.