Tuesday, 1 December 2015
Last updated 2 hours ago
Apr 11 2008 | 11:13am ET
Toronto-based hedge fund and mutual fund manager Sprott Inc. has filed a preliminary prospectus with the securities regulators in Canada for an initial public offering of Sprott Asset Management.
The firm is reportedly looking to raise some C$200 million (US$196.4 million) from investors for Sprott AM, which manages approximately $6.9 billion (US$6.8 billion) in assets under management seven hedge funds and six long-only mutual funds.
Sprott’s flagship hedge fund is the Sprott Hedge Fund, which launched in 2000 and currently manages some C$640 million (US$628.6 million) in assets and is closed to new investors.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…