Thursday, 18 September 2014
Last updated 8 hours ago
Feb 4 2013 | 4:02pm ET
Asian private equity firm RRJ Capital has raised US$3.5 billion for its second fund, far short of its target.
The Hong Kong- and Singapore-based firm has spent seven months raising money for RRJ Capital Master Fund II, which will formally close next month, The Wall Street Journal reports. RRJ had hoped to raise US$5 billion for the fund.
RRJ raised US$2.3 billion for its first fund, which closed in 2011.
RRJ focuses on China, Southeast Asia and the U.S. energy sector.
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.