Monday, 20 October 2014
Last updated 6 hours ago
Feb 29 2008 | 12:33pm ET
Norway’s HitecVision Private Equity AS said it has received commitments of US$800 million for its new buyout fund, HitecVision V, exceeding the original US$600 million target.
The fund will make eight to 10 platform investments in the oil and gas industry in Europe and North America within the next five years, with equity investments ranging from $US30 million to US$150 million. Ole Ertvaag, CEO and founding partner of the Stavanger-based firm, said, “We are extremely pleased with the strong support we have received from our long-standing investor base and to welcome this high caliber group of new international investors to the fund.”
MVision Private Equity Advisers acted as global placing agent for the fund.
With the new fund in the fold, HitecVision now manages three p.e. funds with a total committed capital base of over US$1.2 billion.
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 ...