Thursday, 18 September 2014
Last updated 2 min ago
Jan 31 2013 | 11:16am ET
Private equity firm Altra Investments has closed its second fund with more than $350 million in commitments.
The firm had sought $300 million for the pool and its parallel investment funds and got $355.8 million, it said this week. Altra focuses on mid-cap Andean South America, with offices in Bogotá, Colombia, and Lima, Peru, seeking effective control over companies.
Altra Private Equity Fund II received commitments from both new and existing investors, including all manner of institutional investors from around the world. It was raised with the help of Stanwich Advisors, which served as financial adviser and placement agent.
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.