Thursday, 27 November 2014
Last updated 22 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.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...