Thursday, 27 November 2014
Last updated 21 hours 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.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...