Wednesday, 1 October 2014
Last updated 5 hours ago
Sep 26 2008 | 11:30am ET
Hong Kong-based private equity firm Leopard Capital is shortening the terms of its fund from 10 years to eight.
The rookie buyout fund’s management team said that after consulting its limited partners the firm agreed to change the fund’s terms. However, an option to extend the lockup for up to two consecutive one-year periods remains unchanged.
The firm said it proposed the change after realizing that a “number of viable investment opportunities being made available to the fund offers the managers a realistic expectation of achieving full investment after four, not five years.”
Leopard invests in companies and real estate positioned to benefit from Cambodia’s rapid economic growth and integration into the global economy, according to the firm. It will focus on venture, expansion, and buy-out opportunities, primarily in the financial services, retailing, construction materials, agrobusiness, tourism and property development sectors.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
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