Saturday, 27 December 2014
Last updated 3 days ago
Jan 8 2008 | 8:11am ET
An ING unit has bought a minority stake in a hedge fund manager, signaling a new strategy.
Lincoln Vale has sold a piece of itself to ING Investment Management, Americas, a first for the division, Pensions & Investment reports. Terms of the deal were not disclosed, but ING will become London- and Boston-based Lincoln Vale’s primary distributor. The alternative investments shop manages hedge funds, private equity vehicles and structured products.
The Lincoln Vale deal is likely to be followed by others for stakes in small alternatives firms, according to ING.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.