Wednesday, 27 August 2014
Last updated 1 hour ago
Nov 30 2009 | 2:46am ET
France’s Laffitte Capital Management has hopped on the UCITS III bandwagon.
The French alternative investment firm launched its Laffitte Equity Arbitrage fund last week. The UCITS III-compliant fund has a minimum requirement of just €1,000.
“Institutions such as insurance companies like investments in UCITS-regulated fund after the problems many of them had with their alternative investments last year due to illiquidity and leverage,” Laffittee co-founder David Lenfant told Reuters.
Laffitte manages €43 million. Lenfant said the firm was moving toward more highly-regulated vehicles after its Risk Arbitrage Fund saw about 70% of its assets frozen when Lehman Brothers collapsed. Lehman was the fund’s prime broker. The fund’s assets have since been returned.
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 ...