Thursday, 18 September 2014
Last updated 12 hours ago
Sep 17 2012 | 8:11am ET
European private equity firm Patron Capital has raised US$1.1 billion for its new Patron Capital IV fund.
Fund IV will seek to make opportunistic investments in distressed and undervalued properties and property-backed corporate situations, chiefly in Western Europe. The fund attracted investment from pensions, foundations, endowments and high-net-worth individuals.
Patron was assisted in the formation of the fund by the law firm Paul Hastings.
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…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.