Friday, 26 December 2014
Last updated 1 day ago
Sep 14 2006 | 12:00am ET
Credit Suisse has joined forces with hedge fund Ospraie Management, forming a strategic alliance that is the latest in a string of agreements and alliances that the investment bank hopes can jump-start its alternative investment business.
The deal with Ospraie includes an investment in the New York-based firm, and is designed to give CS greater access to the commodity and basic industry markets.
In recent months, CS has teamed up with Switzerland’s Glencore, the Abu Dhabi Future Energy Company and China Renaissance Capital to expand its global alternatives business. It is also targeting Latin America, as well as focusing on private equity.
The firm is reportedly in talks to acquire Brazil’s Hedging-Griffo.
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.