Sunday, 21 September 2014
Last updated 1 day ago
Oct 1 2007 | 12:49pm ET
New Star Asset Management has high hopes for its new real estate hedge fund, saying it hopes to increase its assets eightfold.
The British hedge fund manager launched the New Start Real Estate Hedge Fund today with US$50 million in commitments. But the firm said it sees a US$400 million fund in its mind’s eye.
The new fund, plans for which were announced in July, will focus on European listed property securities and is to be managed by Rock Capital veteran Robin White. In addition to real estate investment trusts, the fund can also invest in private real estate funds and derivatives.
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.