Tuesday, 16 September 2014
Last updated 50 sec ago
Apr 23 2008 | 2:00am ET
Bahrain-based Investcorp is prepping a new fund of hedge funds designed to profit from a turnaround in the credit markets.
The firm has already lined up some heavy hitters as underlying managers for the Credit Opportunities Fund, including Paulson & Co., the New York hedge fund that posted triple-digit returns last year betting against the subprime mortgage market, and MKP Capital Management.
The firm’s $8 billion hedge fund unit, which, like Paulson, profited handsomely from the credit crisis last year, will seed the new offering with an unspecified amount of money, the Telegraph newspaper reports.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
The Federal Reserve keeps baby-stepping toward a “normalization” of monetary policy. But just what is normal?