Thursday, 25 December 2014
Last updated 17 hours ago
Nov 19 2013 | 10:59am ET
Hong Kong alternative investments firm PAG has raised US$1.5 billion for a new distressed opportunities vehicle.
The fund, raised by the firm's real-estate business, will focus on distressed real-estate and debt investments in Asia. It has already closed 11 deals since fundraising began two years ago.
PAG's Secured Capital division had targeted just US$1 billion for the fund, which is managed from Japan.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.