Category Archives: Syndicated

Citadel Alum Greg Blotnick Launches Brattle Street Capital

(Opalesque) Citadel alum Greg Blotnick is launching a new fund Brattle Street Capital. The fund takes long and short positions in small and mid-cap consumer stocks like retailers. Blotnick tells Opalesque New Managers that he feels like it’s an ideal […]

LuxHedge Global Alternative UCITS Index up 0.95 per cent in June

(Hedgeweek) The LuxHedge Global Alternative UCITS Index posted a gain of +0.95 per cent in June, bringing year-to-date results for the average fund up to +2.71 per cent. To read this article:

Asset manager Schroders take control of Swiss impact investor BlueOrchard

(Opalesque) British asset manager Schroders announced that it has agreed to acquire a majority stake in Swiss impact investor BlueOrchard Finance for an undisclosed sum. Zurich-based BlueOrchard, founded in 2001, is a player in microfinance and impact investing. It claims […]

Citi combines its stock trading and prime brokerage business

(Reuters) – Citigroup Inc (C.N) is combining its stock trading business with its prime brokerage unit, which caters to hedge funds, private equity firms and other investors. To read this article:

EQT, CPPIB to buy majority stake in Waystar

(Reuters) – Swedish private equity fund EQT Partners and Canada Pension Plan Investment Board (CPPIB) said on Monday they would buy a majority stake in Waystar from Bain Capital, valuing the healthcare technology company at $2.7 billion. To read this […]

Hedge funds dump oil as fragile calm settles on Mideast:

(Reuters) – Hedge funds sold oil last week, reversing most of the purchases made the week before, as tensions in the Middle East reached a fragile equilibrium and prospect of armed conflict receded. To read this article:

Pure-Play Consultants Become Rare Breed amid Consolidation

(Pensions & Investments) The ranks of pure-play alternative investment consulting firms are thinning as the consulting industry consolidates and firms add money management to their services, a trend that winnows investors’ choices and opens up consultants to potential conflicts of […]

Ex-JPMorgan Banker Petermann Plans $500 Million Hedge Fund

(Bloomberg) Maarten Petermann, who spent nearly two decades at JPMorgan Chase & Co., is preparing to start a hedge fund with at least $500 million of assets. To read this article:

Hedge Funds Chasing 400% Return Show Risk in China’s Wild Market

(Bloomberg) As China’s share market was cratering at the end of 2018, Liu Yue bet almost his entire fund on just two stocks. It could have ended in tears, but he knew his firm had a once-in-a-lifetime opportunity to snare […]

Moody’s buys two firms, adds value to climate risk and fintech capabilities

(Opalesque) American business and financial services company Moody’s Corporation has acquired RiskFirst, a FinTech company providing risk analytics solutions for the asset management and pension fund communities. The credit rating provider also has purchased a controlling stake in climate risk […]

Elon Musk’s Boring Co raises about $117 million in latest funding round

(Reuters) Elon Musk’s Boring Co raised about $117 million in its latest round of funding from 20 unnamed investors after offering to sell about $120 million in equity, the company disclosed in a regulatory filing on Friday. To read this […]

Colony Capital buys Digital Bridge for $325m

(Opalesque) Los Angeles-based Colony Capital has acquired investment firm Digital Bridge for $325m, resulting in a merged firm with $60bn in total assets under management. The acquisition is part of Colony’s strategy to position itself as an owner and investment […]