Saturday, 26 July 2014
Last updated 20 hours ago
Mar 18 2013 | 2:08pm ET
The hedge fund launched last year by The Children's Investment Fund veteran Stuart Powers has soft-closed with US$750 million.
London-based Hengistbury Investment Partners has doubled its assets under management since its debut. The firm's flagship hedge fund, which debuted on New Year's Day last year, soared 22% in 2012, and is up 2% this year, the Financial Times reports.
Hengistbury will now accept investment only from existing investors.
Powers was a partner and a top analyst at TCI. His former firm actually did even better than his new offering last year, rising 29.54%.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…