Thursday, 28 August 2014
Last updated 2 hours ago
May 23 2013 | 11:10am ET
Boutique investment bank North Street Group is getting into the hedge fund administration business with the acquisition of Hedge Fund Solutions.
North Street said it had acquired the New York-based administrator and renamed it North Street Global Fund Services. Terms of the deal were not disclosed.
"The strategic acquisition of Hedge Fund Solutions, LLC allows North Street to enter the alternative asset management space and expand its service offerings," North Street's Alex Mascioli said.
HFS' Dean Betzios said the deal would allow his firm to "strengthen its infrastructure," while his co-head, Joseph Musto, said "it sets the foundation to allow us to grow alongside the funds we service."
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...