Thursday, 28 August 2014
Last updated 6 min ago
Apr 22 2014 | 12:21pm ET
A Carlyle Group fixed-income hedge fund has posted double-digit losses this year.
Emerging Sovereign Group’s Treasury Opportunities Master Portfolio is down 22% through April 11, Bloomberg News reports. Another of the firm’s funds, the $203.8 million Credit Macro Event Master Fund, is down 6% to the same date.
Carlyle bought ESG, seeded by Tiger Management founder Julian Robertson in 2002, in 2011. Treasury Opportunities, which has $128.1 million in assets, returned 33% last year.
ESG blamed weak U.S. employment numbers for the decline.
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 ...