Thursday, 28 August 2014
Last updated 14 hours ago
Apr 24 2008 | 11:47am ET
Goldman Sachs’ Petershill Fund has taken a 20% stake in London-based Trafalgar Asset Managers, its fourth such stake in a hedge fund manager.
The two sides have been in talks since last year, The Telegraph reports. Petershill, a private equity fund set up last year by Goldman to buy minority stakes in hedge fund managers, reportedly paid between US$50 million and US$100 million for the Trafalgar stake. The fund manages about US$1 billion.
Petershill has previously bought stakes in Capula Investment Management, Claren Road Asset Management and Winton Capital Management.
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...