Monthly Archives: November 2018
Carlyle makes strategic investment in iCapital Network
(Hedgeweek)The Carlyle Group (NASDAQ: CG) has made a strategic investment in alternative investments platform iCapital Network. The firm joins BlackRock, The Blackstone Group, BNY Mellon, Credit Suisse Group AG, JPMorgan Chase & Co, Morgan Stanley Investment Management, and UBS Financial […]
Abacus Group acquires Hedgepoint Solutions
(Hedgeweek) Abacus Group, a provider of hosted IT solutions and application hosting for alternative investment firms, has completed the acquisition of Hedgepoint Solutions, a boutique IT consulting firm based in New York City. To read this article:
Carlyle and JPMorgan invest in iCapital Network
(Opalesque) – iCapital Network, the financial technology platform democratizing alternative investments, today announced that The Carlyle Group has invested in the company as a strategic… To read this article:
Short-term traders survive October’s hedge fund bloodbath
(Opalesque) Bailey McCann, Opalesque New York: October was the worst month for hedge funds in seven years, according to the latest performance data from Hedge Fund Research. The HFRI Fund Weighted Composite Inde… To read this article:
Stonegate digital asset hedge fund up 87% since April
(Opalesque) B.G., Opalesque Geneva: Since the Stonegate Diversified Digital Asset Master Fund opened to outside investors on 1st April 2018, it has returned an estimated 86.89% (gross), with an inception to date. To read this article:
Sentieo gets $19 million backer after palm-held ‘Bloomberg terminal’ wins 700 hedge fund and RIA clients
(Bloomberg) In very all-Silicon Valley deal, start-up’s CEO Alap Shah got former myCFO director as customer then convinced him to back his venture to the hilt. To read this article:
New Hedge Funds Strike Out in October
(Bloomberg) In a major test for the big three who started hedge funds this year — Dan Sundheim, Steve Cohen and Michael Gelband — none of them made money in October. Sundheim’s D1 Capital Partners fared the worst last month, […]
Goldman Says Hedge Funds Dove Right Back Into Tech at Rout’s End
(Bloomberg) At the end of the worst month in seven years, hedge funds showed few signs they’ve soured on the technology and consumer stocks at the heart of the sell-off. The opposite, in fact: Goldman Sachs data show those groups […]
Hedge Funds Fell 3% in October for Worst Drop Since 2011
(Bloomberg) Hedge fund returns fell almost 3 percent in October as global equity markets dropped. The decline is the worst monthly performance since September 2011, Hedge Fund Research Inc. said in a report Wednesday. To read this article:
Citibank to Pay More Than $38 Million for Improper Handling of ADRs
(HedgeCo.Net) The Securities and Exchange Commission today announced that Citibank N.A. has agreed to pay $38.7 million to settle charges of improper handling of “pre-released” American Depositary Receipts (ADRs). ADRs – U.S. securities that represent foreign shares of a foreign […]
New Hedge Funds Strike Out in October
(Bloomberg) In a major test for the big three who started hedge funds this year — Dan Sundheim, Steve Cohen and Michael Gelband — none of them made money in October. Sundheim’s D1 Capital Partners fared the worst last month, […]
Hedge Fund Astellon Returning Capital to Turn Family Office
(Bloomberg) Hedge fund Astellon Capital Partners will return investors’ money and turn into a family office by the beginning of next year, the latest to succumb to an increasingly hostile market for money managers. “The market environment for fundamental and […]