Sunday, 21 September 2014
Last updated 1 day ago
Nov 18 2011 | 2:29am ET
Grosvenor Capital Management has raised nearly $124 million for its main fund.
The Chicago-based firm said it had raised $123.9 million for the multi-strategy vehicle, which it launched three years ago. The fund of hedge funds boasts a large number of institutional investors and other hedge funds among its clients.
Grosvenor manages a total of about $24 million.
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.