Tuesday, 23 September 2014
Last updated 9 hours ago
Oct 22 2008 | 11:16am ET
A former Columbia Business School professor’s fund of hedge funds shop has launched an Asian value fund of funds, it said today.
van Biema Value Partners announced that the van Biema Asia Value Fund debuted at the beginning of August with $215 million from one of the firm’s existing institutional investors. The new vehicle will invest with a small number of Asian value hedge fund managers, generally less than 20, it said, with diversification across Asian markets, market capitalization and assets classes.
van Biema will focus on small pan-Asian value managers employing a variety of styles, according to a statement.
The firm was founded in 2004 by Michael van Biema, who taught at Columbia for a dozen years.
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 McKitich, CIO of Petty 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…
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.