Friday, 22 August 2014
Last updated 2 hours ago
Oct 25 2007 | 7:51am ET
Following its disappointing debut in March, Brevan Howard Asset Management’s publicly-traded hedge fund vehicle has raised an additional US$131 million in a new share offering.
BH Macro, which invests in Brevan’s $15 billion flagship global macro fund—otherwise closed to new investors—said in a note to the London Stock Exchange that it had sold about 8.7 million new shares to investors.
The share sale brings BH Macro closer to the goal it set for itself seven months ago. The firm had hoped to raise about US$1.3 billion in BH Macro’s initial public offering. It fell about US$300 million short.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note