Wednesday, 3 September 2014
Last updated 14 hours ago
Jan 10 2013 | 1:25am ET
Palisade Capital Management has acquired another hedge fund and put its founder at the helm of a new offering.
Fort Lee, N.J.-based Palisade said it had acquired substantially all of the assets of Hermes Advisors. Foremost among those assets is founder Paul Flather, who was named manager of the new Palisade Long/Short Alpha Fund.
"We have been looking for ways to broaden our alternatives platform beyond our convertible arbitrage hedge fund and private equity funds while leveraging our stock-picking experience," Jeffrey Serkes, Palisade president, said. "Paul Flather is a seasoned investment professional with more than 18 years of experience managing a long/short equity strategy. His investment methodology compliments the fundamental stock picking process at Palisade.
Palisade has $3.6 billion in assets under management.
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…
The twin debacles of MF Global and PFG have damaged the reputation of the futures industry demanding an examination of customer protection rules. New rules are being implemented, which will add cost a...