Tuesday, 30 September 2014
Last updated 42 min ago
Oct 13 2011 | 12:11pm ET
A Mississippi fund of hedge funds is looking for some seed capital.
Big River Capital Corp. is offering would-be backers a piece of itself in exchange for seed money for its nearly four-year-old Risk Managers Fund, HFMWeek reports. "I am looking for a visionary strategic partner with the know-how to create a business around this battle-tested and proven concept in order to take it from infancy to critical mass," managing partner Bill Robertson said.
Robertson said Big River is willing to give up a piece of the management company or offer revenue-sharing—or both—to the right strategic partner. The firm hopes to boost its assets to the fund's $1 billion capacity.
The Risk Managers Fund focuses on long/short strategies, with a concentrated portfolio of what it hopes to be best-of-breed managers. The fund has a $250,000 minimum investment requirement and charges 0.5% for management and 15% for performance, with quarterly liquidity.
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.