Wednesday, 27 August 2014
Last updated 3 hours ago
Dec 11 2006 | 11:47am ET
HedgeCo.Net is currently working with an asset management firm that is looking to allocate at least $9 million each to several managers across a broad spectrum of strategies in the form of managed accounts, according to the firm.
The unnamed firm is seeking to identify managers that currently manage more than $25 million in their strategy, are willing to invest their own capital in their funds, and want to increase their participation in their funds' upside.
Prospective managers will be required to allocate a minimum amount of 10% of the total allocation to the managed account. For example, for every $9 million allocated, the manager will contribute $1 million. Drawdowns will be debited against the managers 10% contribution and profits that follow will be fully credited to make up the total extent of the deficit.
Managers will be compensated a 20% incentive fee payable quarterly and if performance exceeds 15% per annum, the incentive fee rises to 50%.
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 ...