Thursday, 28 August 2014
Last updated 6 hours ago
May 2 2014 | 2:13pm ET
Kohlberg Kravis Roberts plan to allow investors to buy small slices of its funds from existing clients is only part of its effort to make its wares available to smaller investors.
KKR said in a regulatory filing yesterday that Altegris Advisors will launch a feeder fund for KKR’s products, giving investors access to them for as little as $10,000. The announcement follows KKR’s deal with Nasdaq OMX Group to launch a private market on which existing investors can sell pieces of their stakes in KKR funds.
KKR funds generally have multi-million dollar minimum investment requirements and lockups of up to a decade.
The Altegris fund will only launch if it can raise $25 million, KKR said in the filing.
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 ...