Saturday, 28 November 2015
Last updated 19 hours ago
Apr 3 2014 | 10:35am ET
Nascent hedge fund Eyck Capital Management has won a big backer.
The London-based distressed-debt specialist has entered into a strategic relationship with Bahrain-based alternative investments giant Investcorp. The latter’s U.S. hedge fund business will provide Eyck, founded last year by Khing Oei, with an undisclosed amount of acceleration capital.
“Investcorp has an excellent track record of identifying high-quality emerging managers,” Oei, formerly of Goldman Sachs and Halcyon Asset Management, said. “Their support is a strong validator of our investment approach to European opportunities.”
Investcorp normally provides funds with between US$50 million and US$100 million in seed capital.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…