Tuesday, 16 September 2014
Last updated 23 min ago
Oct 29 2007 | 11:39am ET
Hedge fund Sirius Investment Management is set to launch its second natural resources product of 2007 later this week.
The Sirius Investment Fund II, a fund of hedge funds focused on early-stage mining investments, is set to debut on Nov. 1. The fund, which will also invest in other natural resources plays, will specialize in hedge funds investing in companies moving from exploration to production—a time when their returns show less correlation to commodities prices—according to Hedge Fund Review.
Gibraltar-based Sirius hopes to raise US$300 million for the offering, which is targeting 20% annual returns. And if the firm’s first natural resources launch of the year is any indication, neither goal should be out of reach: The Sirius Resource Fund, which manages just $50 million, has returned a whopping 54.2% since inception.
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…
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