Monthly Archives: February 2020
Private debt funds secured $107bn in 2019, 11% less than 2018
(Opalesque) Private debt activity slows sharply in 2019 as fundraising and dealmaking both declined from 2018 levels. However, new funds have continued to crowd into the marketplace. According to Preqin, more than 200 private debt funds closed in each year […]
Odyssey Investment Partners closes $3.25bn sixth investment fund
(Opalesque)US-based private equity investment firm Odyssey Investment Partners announced the first and final closing of Odyssey Investment Partners Fund VI. The Fund VI is a $3.25 billion private equity investment fund formed to pursue control-oriented investments and management buyouts of […]
Investment Advisers Charged with Failure to Disclose Financial Conflicts of Interest
(HedgeCo.Net) Criterion Wealth Management Insurance Services, Inc., a Santa Clarita, California, investment advisory firm, and its then co-owners Robert Gravette and Mark MacArthur, also of California, have been charged for breaching their fiduciary duty and defrauding their advisory clients by […]
KKR amasses $1.3bn for its debut global impact fund
(Opalesque) The alternative asset manager firm KKR & Co raised $1.3 billion for its first global impact fund, one of the largest of its kind. The global investment said in a press release that the fund dedicated to investment opportunities […]
M&A activity in the North America region witnesses a downtrend in Q4 2019
(Opalesque) The North America region witnessed a slump in mergers and acquisition (M&A) deal volume in the fourth quarter (Q4) of 2019, said a study. According to GlobalData, a data and analytics company, M&A activity within the North America region […]
IOSCO publishes key considerations for regulating crypto-asset trading platforms
(Opalesque) Industry Update – The Board of the International Organization of Securities Commissions today published a report that describes the issues and risks associated with crypto-asset trading platforms (CTPs) and sets out key considerations to assist regulatory authorities in addressing […]
Evolution of Shrinking Hedge Fund Fees – What Do Investors Need to Know?
(HedgeWeek) By Don Steinbrugge, Agecroft Partners – Hedge funds fees remain under extreme pressure across the industry. This strong trend is driven by declining return expectations from investors, increased competition across the industry, and an increasing share of industry assets […]
Proxy Renewable Long / Short Energy Fund outperforms, more than doubles AUM in 2019
(Opalesque) Swedish energy-focused asset manager Proxy P Management AB has more than doubled its AUM in one year as a result of significant outperformance in its long/short renewable energy fund. The strategy launched at the end of 2018 with $6 […]
Barclay CTA Index posts 0.51% return in January as managed futures begin 2020 on a positive note
(Opalesque)The managed futures industry stepped into 2020 on a positive note with a 0.51% return in January, according to the Barclay CTA Index compiled by BarclayHedge, a division of Backstop Solutions. It was the third consecutive profitable month for CTAs. […]
Michael Platt made $2B without clients in 2019
(AlternativeSoft) Many believe Platt is the highest earning person in finance In 2015 Michael Platt closed his hedge fund to clients and opted to go it alone. Platt’s hedge fund; BlueCrest Management Fund – founded in 2000, managed to reach […]
Angelo Gordon raises $1.8bn for inaugural credit solutions fund
(Opalesque) Angelo, Gordon, a $38 billion alternative investment firm focused on credit and real estate investing, announced the final closing of AG Credit Solutions Fund, L.P. (the “Fund”) with $1.8 billion of equity commitments. To read this article:
Citco nabs Hazletree’s Fitzgerald
(Opalesque) The Citco Group of Companies today announced the appointment of Ryan Fitzgerald as Head of Middle Office Solutions to further develop the business line, which recently achieved double-digit growth. To read this article:
