Friday, 29 August 2014
Last updated 7 hours ago
Aug 17 2011 | 12:51am ET
Citigroup’s alternative investments unit has acquired hedge fund DiMaio Ahmad Capital’s collateralized loan obligations business.
New York-based DiMaio Ahmad transferred management of four CLOs managing a combined $2 billion to Citi Capital Advisors, Citi said yesterday. The move more than doubles the amount of CLO assets managed by CCA to $2.8 billion.
“The acquisition of DA Capital’s CLO business is of strategic value to Citi Capital Advisors as we further leverage our expertise and infrastructure in fixed-income credit,” co-CEO Jim O’Brien said.
Terms of the deal were not disclosed.
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 ...