Monthly Archives: March 2020
FS Investments acquires Chiron Investment Management
(Hedgeweek) Alternative investment manager FS Investments (FS) has closed its previously announced acquisition of Chiron Investment Management (Chiron). To read this article:
CTAs hit by equity slump but still up in February
(Opalesque) CTAs, Special Situations, and L/S Equity Directional strategies suffered the most this week from their long exposures to equities, said Lyxor in its weekly brief. Merger Arbitrage strategies benefited from their lower correlation with equity markets and outperformed. To […]
Equity UCITS sales bounced back in Q4 but bond funds remain 2019 bestsellers
(Opalesque) The European Fund and Asset Management Association (EFAMA) has published its latest Quarterly Statistical Release describing the trends in the European investment fund industry in the fourth quarter of 2019 as well as a summary for the full year. […]
Institutional investors to increase allocation to private markets
(Opalesque) Institutional investors across the world are shifting their interest from listed assets to private markets, said a new survey by BlackRock Inc. To read this article:
BV Investment Partners pulls in $1.1bn for buyout fund
(Opalesque) Boston-based middle-market private equity firm BV Investment Partners has closed its tenth fund on its $1.1 billion hard cap in a first and final close. BV Investment Partners Fund X’s target was $1 billion. Fund X is 47% larger […]
Bregal Investments closes latest growth equity fund at $1.5bn
(Opalesque) New York-based growth-focused private equity firm Bregal Sagemount has closed its Bregal Sagemount Fund III, at a hard cap of $1.5 billion, exceeding its $1.35 billion target. To read this article:
ESG factors link to credit risk, says study
(Opalesque) Environmental, social and governance (ESG) factors have a more significant effect on sovereign credit spreads in developed markets than emerging ones, says a study. A research by Federated Hermes said there is a significant correlation and a “meaningful” relationship […]
Elon Musk defends Twitter CEO Jack Dorsey as activist investor seeks to oust him
(CNBC) Elon Musk jumped to the defense of fellow tech billionaire Jack Dorsey late Monday, as the latter faces pressure from an activist investor to step down as the CEO of Twitter. To read this article:
SoftBank CEO tells U.S. investors he’ll be more careful
(Reuters) – SoftBank Group Corp Chief Executive Masayoshi Son, under pressure from hedge fund Elliott Management to rein in his mercurial investment style, turned on the charm in a meeting with U.S. investors on Monday, but offered few concrete concessions. […]
Hedge funds paused oil sales, before virus fears prompted second wave of selling
(Reuters) – Hedge funds hit pause on their petroleum sales in late February, at least until concerns about a coronavirus-driven recession intensified towards the end of last week. To read this article:
SEC Obtains Judgment Against Companies Running Ponzi Scheme
(HedgeCo.Net) The U.S. District Court for the Southern District of Florida has entered a final judgment against Palm Financial Management, LLC and Shore Management Systems, LLC. The SEC previously charged these defendants for their role in an alleged Ponzi scheme […]
Coronavirus, how bad will it get and what should investors do?
(Hedgeweek) By Don Steinbrugge, Agecroft Partners – Equity markets around the world sold off last week because of uncertainty relative the Coronavirus’ impact on the global economy and corporate profits. No one knows how bad the economic impact might be, […]

