Friday, 19 December 2014
Last updated 14 hours ago
Jan 31 2012 | 10:02pm ET
A $1 billion New York hedge fund has raked in more than $200 million for its new offering in just a month.
Southpoint Capital Advisors opened its Cayman Islands-domiciled fund on Jan. 1, and as of yesterday had garnered $233 million from 24 investors, it said in a Securities and Exchange Commission filing. Southpoint said that the figure is only for sales to U.S. investors and does not take into account any redemptions or withdrawals.
The fund, managed by Southpoint CFO Anthony Buffalano, has a $1 million minimum investment requirement.
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.