Thursday, 31 July 2014
Last updated 42 min ago
Apr 1 2008 | 2:38pm ET
Macquarie Capital has bought a commodity hedge fund from British-based Craton Capital, which is selling its hedge fund to concentrate on its precious metals long-only funds.
The hedge fund bought by the Australian firm manages about US$100 million, including Macquarie’s own investment, HedgeFund.net reports.
The firms did not release details about the transaction.
Craton, founded in 2003, manages some US$330 million.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…