Saturday, 27 December 2014
Last updated 2 days ago
Jan 9 2008 | 11:17am ET
Madrid, Spain-based Altex Partners has increased its size and international presence with the acquisition of British-based Alpha Value Management. Both firms specialize in funds of hedge funds.
The merged firm will manage US$400 million in funds of hedge funds in Ireland, Spain and Luxembourg, and will have registered investment management companies both in Spain and the U.K. Coinciding with the merger, Santiago Alarcó has joined Altex as a London-based partner. Previously, he was a global macro fixed-income proprietary trader at ABN AMRO in London.
"For us, it is a way of adding talent, assets under management and international presence,” said Carlos Dexeus, Altex Partners’ CEO. “Santiago's experience as managing director in the arbitrage trading department in Salomon Brothers, as well as other positions in ABN and Morgan Stanley is a key complement to Altex’s management team."
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.