Wednesday, 27 August 2014
Last updated 10 min ago
Apr 5 2012 | 11:40am ET
Consultancy Cliffwater Associates is planning a major international expansion, starting in London.
The Los Angeles-based alternatives specialist is set to open an office in the British capital. The firm is also mulling a presence in Hong Kong, moves that—along with Cliffwater's existing New York office—would give it feet on the ground in the world's three most important hedge fund centers.
"U.K. activity is ramping up on both the consultant and fund manager side and Cliffwater has also seen that a number of hedge funds are enhancing their London office or opening in London and we anticipate growth in existing funds as well as new launches," CEO Stephen Nesbitt told HFM. "From the U.S.A.'s perspective, Europe is viewed as having a great deal of investment opportunity from distressed and restructuring credit; due to the European sovereign debt crisis, and because the U.K. is a natural hub for hedge funds, it would make sense to be located in London."
Nesbitt said the new office or offices will be up and running within two years.
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 ...