Monthly Archives: June 2017

(CNBC) An avid art collector, Cohen paid $165 million earlier this year for a painting called “Masterpiece” by Roy Lichtenstein. The price is believed to make it among the 10 most expensive paintings ever sold. To read this article:

(Bloomberg) GIC Pte has committed up to $100 million to a hedge fund started by David Mercurio, a former employee who worked at the Singaporean wealth fund for a decade, according to people familiar with the matter. GIC has backed […]

(Harvest) Markets, for the most part, appear to be desensitized from the number of political events and decisions lingering just over the horizon. Despite the increased uncertainty, VIX dipped to record lows during the month. Oil proved to be the […]

(FINalternatives) Fund administration software company KOGER has added new modules to its PENTAS private equity platform that address fundraising and deal flow requirements and will streamline and automate the administration of PE funds. To read this article:

(Harvest) Each of the major bond market risks—interest rate and credit—pays off over time. But they usually don’t pay at the same time. In this paper, we’ll take a look at why managing both risks in a single portfolio may […]

(FINalternatives) Net sales of UCITS and AIF funds surged in the first quarter of the year, reaching €262 billion compared to €120 billion in the fourth quarter of last year, according to The European Fund and Asset Management Association’s (EFAMA) […]

(FINalternatives) CBRE Group has agreed to acquire a majority interest in private equity and infrastructure specialist Caledon Capital Management as the company expands its footprint in the investment management business. To read this article:

(Bloomberg) The best returns are not in the riskiest stocks but in the least risky bonds. But you can’t get them without leverage.That philosophy helped Asgard Fixed Income Fund deliver a 19 percent return in the past year. “That’s the […]

(Bloomberg) Oasis Management Co.’s Seth Fischer says his hedge fund won’t tender its shares in Panasonic Corp.’s sweetened offer for its listed subsidiary PanaHome Corp. because the terms are still “unfair.” Oasis plans to seek a court appraisal of a […]

(Dealbreaker.com) The prevailing wisdom is that hedge funds aren’t touching bitcoin. Sure, there are a few special funds devoted solely to cryptocurrencies, but managers outside this group can’t get over bitcoin’s many foibles: its volatility, its insecurity, the risk of […]

(Harvest) The Silk Road was an ancient network of trade routes connecting the East to West for centuries. Named after the lucrative silk trade, the route was forged in 200 BCE by the Han dynasty. Its usefulness extended into the […]