Tuesday, 21 October 2014
Last updated 1 hour ago
Dec 12 2007 | 9:34am ET
Five months after announcing its initial foray into the hedge fund space, Asia Alternative Asset Partners, an emerging hedge fund manager shop, has teamed up with Iveagh Ltd., a London-based multi-strategy shop.
In the new partnership, Iveagh will be responsible for building an investment management team and developing the process for the selection of new managers. The new team will continue the firm’s focus on seeding Asian and emerging markets managers.
In addition, Iveagh, whose current funds under management total some $800 million, has agreed to become a cornerstone investor in Triple A Partners’ new seeding fund, which will close its initial capital raising with approximately US$150 million of assets on Dec. 31. The capital will be used to seed up to eight new managers and a secondary closing of a similar amount will be held in the second half of 2008.
Paul Ross, CEO of Iveagh, said: “Triple A Partners’ significant Asian presence and expertise will provide a powerful boost to our plans for accessing and investing in new seeding opportunities in the dynamic Asian market.”
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...