Saturday, 20 September 2014
Last updated 16 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.
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.