Wednesday, 1 October 2014
Last updated 6 hours ago
Jun 21 2012 | 11:30am ET
Mariner Investment Group is getting into the seeding business.
The Harrison, N.Y.-based firm will invest in startups and spinoffs, as well as its own new hedge funds or hedge funds it backs, the firm told investors. According to Bloomberg News, the seeding fund has itself won a substantial seed investment—$500 million—from the Alaska Permanent Fund.
Mariner founder William Michaelcheck told clients that the firm would hire to manage the seeding fund.
Michaelcheck added that the seeding fund isn't the only new product he's planning: The firm's Galton Capital Management is readying a mortgage fund, Galton Mortgage Value Fund III, which will invest in non-agency mortgages, whole loans, single-name credit-default swaps and indices.
Michaelcheck also gave investors a peek at the firm's flagship, Mariner Partners, which he said was up 2.4% this year.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...