Monthly Archives: January 2020
Charlesbank Capital Partners closes debut technology fund at $700M hard cap
(Opalesque) Charlesbank Capital Partners, LLC is pleased to announce that it has completed fundraising for its inaugural Technology Opportunities Fund. The Fund had a $600 million target and received limited partner commitments in excess of its $700 million hard cap. […]
FTV Capital invests in hedge fund administrator and regulatory supervisor Centaur
(Hedgeweek) Growth equity private investment firm FTV Capital has made a significant investment in hedge fund fund administrator and regulatory supervisor Centaur Fund Services. To read this article:
CI Investments launches liquid alternative ETFs
(Opalesque) CI Investments Inc., today announced that CI Liquid Alternatives are now available in an ETF structure and listed directly on the Toronto Stock Exchange. The ETFs mirror the strategies of CI’s liquid alternative mutual funds, which were launched in […]
More than half of US CEOs plan to pursue M&A to drive growth this year
(Opalesque) More than half of US executives said they plan to pursue M&A to drive growth in the year 2020 – a higher response than CEOs globally said a survey. To read this article:
$108bn of new capital to be invested in real estate globally in 2020
(Opalesque) Institutional investors have signaled a greater appetite for risk in the year ahead, according to the global Investment Intentions Survey 2020. To read this article:
Inflows into European ETFs surpass $110bn for the first time
(Opalesque) The European exchange-traded fund (ETF) market reached a “record” high last year as overall inflows surpassed €100bn ($110bn) for the first time. To read this article:
Sovereign wealth funds move mainstream, make less contrarian bets
(Reuters) – Sovereign wealth funds’ investment moves are becoming more closely aligned with the global asset management industry as they mature, and their growing size makes it harder for them to make contrarian bets, a report showed. To read this […]
Tesla directors settle, isolating Musk as Solar City trial looms
(Reuters) – Directors of Tesla Inc settled a shareholder lawsuit over the company’s 2016 acquisition of SolarCity Corp, leaving Chief Executive Officer Elon Musk as the lone defendant facing claims that Tesla paid $2.6 billion for a worthless solar energy […]
Third Point presses Sony, takes stand against proposed SEC proxy adviser rule
(Reuters) – Hedge fund Third Point on Thursday called on Sony Corp (6758.T) to keep divesting non-core assets and said it opposes the U.S. Securities and Exchange Commission’s proposed rule on proxy advisers. To read this article:
SEC Charges Broker with Defrauding Retail Investors
(HedgeCo.Net) The Securities and Exchange Commission has charged Edward E. Matthes, a former Wisconsin-based registered representative and investment adviser, with defrauding 26 of his mostly elderly retail brokerage customers and investment advisory clients out of approximately $2.4 million. Matthes has […]
Man Group weighs up palladium rally against end of bull market cycle
(Hedgeweek) Prices of palladium have now reached more than USD2,500 per ounce, in a sustained rally potentially indicative of a late stage bull cycle, analysts at Man Group said on Tuesday. To read this article:
Aurum’s innovative use of management fees helping to fight ecological risks
(Hedgeweek) It is rare one can apply the term ‘innovative’ in financial markets with any real conviction, but it absolutely holds true for Aurum Fund Management Ltd (Aurum), a Bermudan fund-of-funds manager with a commitment to environmental conservationism and sustainability. […]