Friday, 26 December 2014
Last updated 1 day ago
Nov 4 2011 | 9:55am ET
Hedge fund seeder NewAlpha Asset Management has helped Heieck Siebrecht Capital Advisors push its assets under management to near US$100 million.
Zürich, Switzerland-based Heieck is the 17th hedge fund backed by Paris-based NewAlpha. The firm, whose Varus Capital Management's Varus Fund has posted an impressive 20.1% return this year, focuses on German stocks. The fund is up 46.7% since its debut two years ago.
Heieck did not specify the size of NewAlpha's seed investment. The firm had about US$680 million invested in 16 managers prior to the Heieck seed.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.