Friday, 22 August 2014
Last updated 6 hours ago
Apr 15 2008 | 10:14am ET
Lehman Brothers is raising a fund to invest in hedge fund management firms, following in the footsteps of Goldman Sachs.
New York-based Lehman will invest $1 billion of the roughly $3 billion it hopes to raise for the fund, Reuters reports. The new vehicle, which will be managed from New York and London, will take stakes in “good-quality” hedge fund firms.
Last year, Goldman launched its Petershill private equity fund with US$500 million. The fund, managed from London by Jonathan Sorrell, has taken stakes in three hedge fund managers, including Winton Capital Management.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note