Wednesday, 27 August 2014
Last updated 10 hours ago
Feb 7 2012 | 8:08am ET
Swedish financial services group SEB has merged its $2 billion London-based fund of hedge funds manager Key Asset Management with its alternative investment team in Stockholm.
The combined team will be managed by Mikael Spångberg as managing director, Stockholm and Chris Rule as deputy and CIO, London. SEB said in a statement that the two investment teams have worked together informally for the past few years and “bring different specialties to the new venture. Key has one of the oldest track records in the fund of hedge funds industry while the SEB AIT brings competence within the seeding and incubation business.”
KAM became a wholly owned subsidiary of SEB in early 2008.
The merger coincides with the departure of KAM’s chief investment officer, Chris Jones, who will become head of alternatives at the pension consultant bfinance starting next month.
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...