Wednesday, 22 October 2014
Last updated 14 hours ago
Mar 19 2013 | 2:06pm ET
Farallon Capital Management is seeking up to $400 million for its first dedicated real-estate hedge fund.
The San Francisco-based firm is marketing the vehicle to existing investors, Fox Business reports. It hopes to raise about $350 million to $400 million.
The real-estate fund will focus on the U.S., although it will be able to invest some of its capital abroad. Farallon hopes to achieve an internal rate of return of 20%.
Farallon's move into real estate follows those of two private-equity giants, Kohlberg Kravis Roberts and TPG Capital Management, both of which are planning their first dedicated real-estate vehicles.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...