Friday, 19 September 2014
Last updated 9 hours ago
Jul 30 2008 | 6:58am ET
Cowen Healthcare Royalty Partners and Cowen Group have closed their first healthcare buyout fund with capital commitments in excess of $500 million.
Cowen Healthcare Royalty Partners will invest in commercial and near-commercial stage healthcare products and companies worldwide, targeting investments of between $20 million and $100 million across a diversified portfolio of products and therapeutic areas.
In addition to an anchor commitment from the Cowen Group, the fund's limited partners include public and corporate pension funds, financial institutions, insurance companies, funds of funds and university endowments.
The Cowen Group, through its operating subsidiaries, provides investment banking, equity research, sales and trading, asset management and alternative asset management services.
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…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.