Friday, 19 December 2014
Last updated 4 min ago
Jul 11 2007 | 9:51am ET
New York-based private equity firm Clearwater Capital Partners recently held a final close of Clearwater Capital Partners Fund III with $900 million in committed capital.
The fund’s strategy is focused on building a diversified portfolio of special situation investments, distressed and undervalued assets and securities in Asia, excluding Japan. “We have a very positive view of the investment opportunities in special situation investing in Asia and the extremely robust investor interest we witnessed in the fundraising for Fund III is evidence that others share our enthusiasm for the region and the asset class,” said Robert Petty, co-founder.
Investors in the new fund comprise of institutional and individual investors including state and corporate pension funds, fund of funds, endowments, foundations, insurance companies and family offices in the U.S., Asia and Australia.
Petty and co-founders Amit Gupta and Bruno Beuque founded the firm in 2001.
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.