Wednesday, 17 December 2014
Last updated 6 hours ago
May 1 2012 | 3:09am ET
Pacific Alternative Asset Management has garnered more than $100 million for its latest institutional offering.
The Irvine, Calif.-based fund of hedge funds manager said in a Securities and Exchange Commission it has raised the nine figures from 24 institutional clients since its opening on April 16. All told, PAAMCo has some $8 billion in assets under management.
The customized hedge fund will be open to institutional clients for more than a year, PAAMCo said in the Friday filing. Interested investors will have to pony up at least $1 million to meet the 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.