Saturday, 20 September 2014
Last updated 1 day ago
Jan 22 2008 | 2:30pm ET
London-based Laven Partners is prepping a best-ideas fund of boutique hedge funds for launch in March.
The fund, expected to be called Laven Funds Multi-Strategy, will invest in about 10 hedge funds with a focus on those with less than two years’ track record, Reuters reports. Jerome de Lavenere Lussan said Laven would focus on manager talent in picking funds for its portfolio.
The fund will include Hinde Capital’s gold fund, asset-backed lending specialist Vermont and some currency funds.
De Lavenere Lussan said the fund should launch with about US$50 million in assets on March 1.
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…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.