Category Archives: Syndicated
Veteran investors launch Eighteen48 Partners, a next-generation private investment office, with $600m of initial assets under management
(Opalesque) Co-founders Julien Sevaux and Tarek AbuZayyad announced the launch of Eighteen48 Partners, a research-led private investment office addressing the needs of professional investors, sophisticated families and institutions. The new firm has already secured over $600m in assets under management […]
Gen Cap America partners with management to acquire Griffin Gear
(Hedgeweek) Gen Cap America has partnered with management to acquire Griffin Gear (Griffin), a South Carolina-based manufacturer of replacement gearing and gearbox rebuilds for a wide variety of industrial applications. Terms of the transaction have not been disclosed. To read […]
Hedge fund investors extend redemptions in September
(Opalesque) The hedge fund industry’s redemption trend continued in September as a fourth straight month of net outflows saw monthly redemptions increasing to $14.7 billion. September’s redemptions represented 0.5% of hedge fund industry assets and were up from August’s $11.3 […]
Irish funds’ net assets up 20 per cent YTD to new high of EUR2.925 trillion
(Hedgeweek)Irish Funds has announced total net assets stand at a record EUR2.925 trillion, according to latest data to end September from the Central Bank of Ireland. To read this article:
Investors stick with private credit
(Opalesque) Private credit continues to grow as investors of all types hunt for yield, according to a new survey from The Alternative Credit Council (ACC) and global law firm Dechert. However, as more money moves into the asset class, it’s […]
Asian shares recover from 3-week lows but trade deal worries limit gains
(Reuters) – Asian equities posted a mild bounce on Friday from three-week lows hit the previous day, with persistent worries over the status of trade negotiations between China and the United States limiting the gains. To read this article:
Hedge fund Firefly hits out at Gulfport Energy’s plans, demands board seat
(Reuters) – Firefly Value Partners on Thursday asked Gulfport Energy for a seat on its board and criticized the “half-measures” which the U.S. gas exploration and production company is taking to improve its financial performance. On Monday, Oklahoma City-based Gulfport […]
A U.S.-China ‘Phase One’ trade deal may not be inked this year
(Reuters) – Completion of a “phase one” U.S.-China trade deal could slide into next year, trade experts and people close to the White House said, as Beijing presses for more extensive tariff rollbacks, and the Trump administration counters with heightened […]
Hedge funds up 0.31 per cent in October, says Eurekahedge
(Hedgeweek) The Eurekahedge Hedge Fund Index was up 0.31 per cent in October, bringing its year-to-date return to 6.27 per cent. Roughly 30.1 per cent of the hedge fund managers comprising the index have recorded double-digit gains over the first […]
Broadridge acquires ClearStructure
(Hedgeweek) Broadridge Financial Solutions has acquired ClearStructure Financial Technology, a global provider of portfolio management solutions for the private debt markets. To read this article:
Hedge funds still largest alternatives investment but quickly giving up market share
(Opalesque) a new study from Ernst & Young (EY) found that hedge funds continue to make up the largest percentage of investors’ allocations to alternatives, but they are quickly giving up market share to private equity firms raking in the […]
West Coast-based managers continue to dominate the US venture capital scene
(Opalesque) The West Coast-based managers continue to dominate the US venture capital scene, with only two of the 10 largest US-based managers located outside of California, says a report by Preqin. According to the report, although New York-based Tiger Global […]