Saturday, 20 December 2014
Last updated 1 day ago
Oct 21 2008 | 9:50am ET
Hedge fund seeder FRM Capital Advisors is backing a new mezzanine fund launched by a London private equity shop.
FCA, the seeding arm of Financial Risk Management, has committed US$75 million to Beechbrook Capital’s Mezzanine I fund, PEHub reports. The firm, which was founded in May, is continuing to fundraise and plans a second closing next year.
“The current market conditions provide one of the most favorable investment opportunities the mezzanine debt industry has seen in many years,” Beechbrook co-founder Paul Shea said. “Working with FCA provides the basis to execute the strategy we have been developing.”
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.