Saturday, 20 December 2014
Last updated 1 day 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.
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.