Category Archives: Syndicated

Apollo closes latest fund on $1.7bn as it expands distressed investing strategy

(Opalesque) Apollo Global Management has closed on approximately $1.75 billion in commitments for its dislocated credit offering, Apollo Accord Fund III B. Commitments for the fund were raised over approximately 8 weeks, driven by institutional demand for strategies that invest […]

Impact Investing: Green finance and achieving measurable impact

(Hedgeweek)The news that Blackrock is to advise the European Commission on how the EU could boost the growth of green finance and build the market for sustainable financial products is a welcome announcement. It is also a long overdue step […]

SFERS and RPDU top the investors list in US venture capital

(Opalesque) The five most active investors in US venture capital are pension funds. US venture capital attracts a range of investors, and almost a quarter are located outside of North America, said a study. San Francisco Employees’ Retirement System (SFERS) […]

Spectrum Equity pulls in $1.5bn for ninth fund

(Opalesque) US-based Spectrum Equity has raised a $1.5 billion new fund – Spectrum Equity IX – to invest in startups that are in their growth stage.The growth equity firm providing capital and strategic support to innovative companies said in a […]

Short-term trend-following hedge funds continue to thrive, but other CTAs slip into red

(Hedgeweeek) Short-term trend-following hedge fund strategies are maintaining their positive momentum in May, but other managed futures strategies have dipped into negative territory in recent weeks. To read this article:

Hedge funds increased exposure to growth favorites in first quarter: Goldman

(Reuters) – Hedge funds concentrated their portfolios even further into growth stocks including Amazon.com Inc and Microsoft Corp in the first quarter of 2020 as the COVID-19 pandemic pummeled U.S. markets, Goldman Sachs analysts said in a report. The two […]

Performance gains in April nearly push hedge fund AUM back above $3tn, but redemptions persist

(Opalesque) Investors continued to pull money out of hedge funds in April, withdrawing $18.1 billion from hedge funds around the world last month, according to the just-released April 2020 eVestment Hedge Fund Asset Flows Report.That was less than the $24 […]

Tiger Global tops the list US-based venture capital market

(Opalesque) Tiger Global Management holds on to its position as market-leader in US-based venture capital, said a study. According to Preqin, the closure of tech-focused Tiger Global Private Investment Partners XII in January means the New York-based firm has raised […]

Genesis acquires institutional custodian Vo1t

(Hedgeweek) Digital currency trading and lending specialist Genesis has acquired Vo1t, an insured digital custody service. To read this article:

Ark Invest CEO: Why we’ve sold Tesla despite our long-term bull case

(CNBC) Ark Invest, the firm known for its $7,000 price target on the stock of Tesla, has faced some disbelief for selling shares of the electric auto maker. Though Tesla remains the firm’s top holding, Ark has slashed its stake […]

Bear market rally or new bull? Breaking down the market after another winning week

(CNBC) How are we to characterize this stock-market struggle of the past three months and beyond? By the most simplistic definition, it became a bear market when the S&P 500 dropped more than 20% from its high, which it did […]

Insurers reduce hedge fund exposure

(Opalesque) For a fourth straight year, the U.S. insurance industry reduced its hedge fund investments. Insurers pulled out $2.6 billion in 2019, bringing total exposure to $11.9 billion, according to new research from AM Best. To read this article: