Thursday, 18 December 2014
Last updated 3 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.
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.