Wednesday, 27 August 2014
Last updated 3 hours ago
Jun 2 2006 | 8:11pm ET
Morgan Stanley Investment Management has acquired the investment team and most of the assets of Boston-based hedge fund firm Oxhead Capital Management.
The hedge fund, which oversees about $100 million in assets, is led by Robert Swift, Nathan Eigerman and Daniel Phipps, all former executives at Putnam Investments.
The firm was founded in October 2003. Financial terms of the deal were not disclosed.
"We have been aggressively pursuing new opportunities for growth and exploring acquisitions of varying sizes to further enhance our investment experience and capabilities in the alternatives space," Owen Thomas, president of Morgan Stanley Investment Management, and Stu Bohan, head of alternative investment, wrote in an internal memo.
Last year Morgan Stanley held talks with alternative investment firm FrontPoint Partners about acquiring the $5 billion shop, but nothing came of it. Earlier this year, Morgan Stanley held discussions about buying money manager BlackRock, but the deal fell apart over price and issues of control.
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...