Monthly Archives: September 2019
Strong performance and technological insight attract venture capital investors
(Opalesque) Many venture capital investors seek access to the frontline of technological innovation, which allows for a deeper understanding of the future implications for relevant industries – fintech, for example. Following years of strong returns and high-profile success stories, the […]
PJT Partners, Nasdaq join forces to strengthen secondary investment advisory services for alternative asset managers
(Opalesque) The global advisory-focused investment bank PJT Partners and stock exchange operator Nasdaq Inc said they had agreed on a partnership to provide data and technology to strengthen its secondary investment advisory services for alternative asset managers. To read this […]
EBay CEO steps down, cites differences with board
(Reuters) – EBay Inc (EBAY.O) Chief Executive Officer Devin Wenig stepped down on Wednesday, citing differences with the company’s recently revamped board, which is looking to sell some of its businesses amid pressure from activist investors. To read this article:
SEC Charges Nissan, Former CEO, and Former Director with Fraudulently Concealing from Investors More than $140 Million
(HedgeCo.Net) The Securities and Exchange Commission today filed settled fraud charges against Nissan, its former CEO Carlos Ghosn, and its former director Greg Kelly related to false financial disclosures that omitted more than $140 million to be paid to Ghosn […]
Deutsche Bank, BNP reach transition agreement for global prime finance platform
(CNBC) Deutsche Bank and BNP Paribas reached a master transaction agreement to assure service continuity to Deutsche’s global prime finance and electronic equities clients, the banks said on Monday. To read this article:
SS&C GlobeOp Forward Redemption Indicator at 3.67 per cent for September
(Hedgeweek) The SS&C GlobeOp Forward Redemption Indicator for September 2019 measured 3.67 per cent, up from 3.41 per cent in August. To read this article:
Here’s how much financial advisors should invest in alternatives to make a difference
(CNBC) You don’t have to be a hedge fund guru to discuss alternative investments with your clients, yet it doesn’t hurt to get educated. It’s no secret that portfolio diversification protects investors from the whims of the stock market, blunting […]
BNY Mellon expands ESG analytics service
(Hedgeweek) BNY Mellon has expanded the firm’s ESG Analytics offering by integrating fixed income scoring for corporate bonds To read this article:
DTCC white paper highlights importance of business resilience as protection against future market disruptions
(Hedgeweek) Acknowledging the growing potential for future disruptions to critical business services that could create market instability, a new white paper from The Depository Trust & Clearing Corporation (DTCC) has called for establishing business resilience as an industry-wide priority. To […]
Ex-Diamondback duo launches $1bn long-short hedge fund:
(Opalesque) In the week ending September 20th 2019, Larry Sapanski and Richard Schimel started a new hedge fund with $1 billion in commitments seven years after shutting their old firm, Diamondback Capital Management. To read this article:
Global venture capital industry AUM hits record levels at $856bn
(Opalesque) Global venture capital is expanding fast, and over the past five years, the industry posted a compound annual growth rate of 17%, said a study. Assets under management (AUM) soared to $856bn as of December 2018, a new record, […]
Cluster of hedge funds set to profit from Thomas Cook failure
(Reuters) – The collapse of travel operator Thomas Cook (TCG.L) is set to result in a bumper pay day for a clutch of hedge funds who bet the company’s share price would fall. To read this article: