Sunday, 23 November 2014
Last updated 2 days ago
Feb 11 2008 | 9:43am ET
Goldman Sachs’ Petershill private equity fund has taken its second stake in a London hedge fund manager.
The US$500 million p.e. fund has bought a 19.99% stake in Capula Investment Management, a US$3 billion fixed-income hedge fund manager. The fund paid as much as US$100 million for the non-voting stake, the Financial Times reports.
Capula was founded three years ago by UFJ International veterans Yan Huo and Masao Asai. It returned more than 18% last year.
Goldman set up Petershill, run from London by Jonathan Sorrell, to take stakes in hedge fund management firms. In October, it took a 10% stake in Winton Capital Management.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...