Tuesday, 2 September 2014
Last updated 27 min ago
Oct 7 2008 | 1:50am ET
British hedge fund Capula Investment Management has sold a second minority stake in itself, this time to Japan’s largest trading firm.
Capula, which manages some US$4.2 billion, has sold a 5% stake to Mitsubishi Corp., it said. Mitsubishi’s stake, valued at as much as US$35 million, does not carry with management rights or board representation, Capula said, but Mitsubishi will work with the hedge fund to expand its footprint in Asia.
“As Capula’s strategic partner in Japan and the Asian region, Mitsubishi is expected to support the marketing of Capula funds to institutional investors in the region,” Capula said. “Capula and Mitsubishi also intend to jointly develop new financial products.”
In February, Capula sold a 20% stake to Petershill, the Goldman Sachs private equity fund that invests in hedge fund managers.
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 ...