Thursday, 24 July 2014
Last updated 12 hours ago
Nov 9 2012 | 10:17am ET
Hedge fund Tiburon Capital Management has been acquired by New York-based Gray & Co.
Gray, an investment consultancy, added Tiburon last month in a deal whose terms were not disclosed, Gray's director of manager research and administration chief Yolanda Waggoner-Foreman told Pensions & Investments. Tiburon is now a subsidiary of Gray, based at its New York office, with the hedge fund's CEO, Peter Lupoff, named head of Gray's alternative investments division.
The acquisition boosts Gray's assets under management by about 10%, with Tiburon's $54 million event-driven strategy coming on board.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…