Friday, 19 September 2014
Last updated 2 hours ago
Aug 17 2011 | 12:50am ET
Fund of hedge funds are showing Deer Park Road the money, pushing the Colorado hedge fund above $100 million in assets under management.
Deer Park’s STS Partners Fund has won several recent $10 million investments from U.S. funds of funds, HFMWeek reports. The firm can now also boast its first British-based fund of funds.
The allocations leave Deer Park with an investor base that is 15% fund of funds, 35% family office and high-net worth individual, and 50% internal capital.
STS Partners is up 13.6% this year.
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…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.