Monday, 20 October 2014
Last updated 8 hours ago
Jan 30 2008 | 12:20pm ET
The TCW Group said it has raised approximately $2.6 billion from clients and employees for its latest private equity fund, TCW Energy Fund XIV. The fund will make mezzanine and private equity investments in energy and energy-related infrastructure projects on a global basis.
Roughly a quarter of the assets raised for the fund came from non-U.S. institutional investors in 11 countries and TCW employees also contributed $68 million.
“Market fundamentals in energy and infrastructure are very strong today and Fund XIV will be well-positioned to capture attractive investment opportunities,” said R. Blair Thomas, CEO of the firm’s energy business. “We have a singular focus on being the preeminent institutional investor in energy globally.”
Founded in 1971, the TCW Group, which is a subsidiary of Société Générale Asset Management, has approximately $150 billion in assets under management.
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 ...