Wednesday, 17 September 2014
Last updated 14 hours ago
Nov 18 2013 | 1:47pm ET
A pair of hedge funds have emerged as among the biggest investors in Third Point's reinsurance unit, which it took public this summer.
Cambiar Investors owns a $35.9 million stake in Third Point Re and Citadel Investment Group a $31.9 million stake, according to regulatory filings current as of the end of September. Third Point Re went public in August and, after an initially rocky start, has seen its share price rise by 20%.
Cambiar and Citadel's stakes account for more than 20% of the shares Third Point Re sold in its $276 million IPO.
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…
The Federal Reserve keeps baby-stepping toward a “normalization” of monetary policy. But just what is normal?