Friday, 25 July 2014
Last updated 8 hours ago
Aug 23 2013 | 5:18am ET
Credit Suisse’s Brazilian hedge fund joint-venture has raised more than US$1 billion for its maiden vehicle.
Peninsula Investimentos, a partnership between the Swiss bank and 16 executives, netted 3.25 billion reais (US$1.3 billion) for the Peninsula Hedge Master Fundo de Investimento Multimercado, it said in a filing with Brazilian regulators. The fund launched in December and is now closed to new investments.
Through this week, the fund is up 7.14% on the year.
The fund will invest exclusively in liquid assets, including stocks, bonds and futures.
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…