Tuesday, 21 October 2014
Last updated 38 min ago
Oct 14 2008 | 11:30am ET
Alternatives asset management shop Valens Capital Management has opened an office in Tokyo to serve its growing Japanese investor base. Earlier this year, Valens launched a yen-denominated fund, allowing Japanese investors to access the U.S. small- and micro-cap markets in their local currency.
The office will be run by Kiyomi Hioki, who will report to Dennis Pollack, a partner based in New York. Hioki previously served as director at FinTech Global Securities, marketing alternative investment funds to institutional investors.
“Investors all over the world are seeking ways to invest in safer, non-correlated strategies such as asset-based lending,” said Pollack. “Our yen-denominated fund has provided an easier way for Japanese investors to accomplish this without encountering currency risk, and Hioki will allow us to provide the best investor relations and service possible.”
Valens Capital Management, together with its affiliate, Laurus Capital Management, has approximately $1.6 billion in assets under management as of the end of September.
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…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...