Wednesday, 27 August 2014
Last updated 5 hours ago
Oct 9 2007 | 6:56am ET
Call it a private equity fund of hedge funds. Goldman Sachs Asset Management’s new $500 million private equity fund has bought nearly 10% of London-based hedge fund manager Winton Capital Management, Winton said.
The Goldman fund, which is also run from London by Jonathan Sorrell, will buy stakes in the general partnerships of hedge funds.
Winton did not say how much Sorrell’s fund paid for its 9.99% passive stake. The fund will have no say over the management of Winton’s funds, nor will it receive any seats on the $10 billion hedge fund firm’s board of directors. Winton does not expect to allow Goldman to boost its stake any further.
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...