(Opalesque) H.I.G. Capital, alternative assets investment firm with over $31bn of equity capital under management, said that its distressed debt and special situation affiliate H.I.G. Bayside Capital closed its latest special situations credit fund, H.I.G. Bayside Loan Opportunity Fund V. […]

(Opalesque) Looking back at the development of the shipping-focused fundraising market in recent years reveals that managers have been closing fewer funds, but at record-high totals.According to Preqin Insights, the infrastructure funds investing in the shipping industry have consistently secured […]

(Hedgeweek) Intertrust, a global provider of administrative services to corporate, fund, capital markets and private wealth clients, has acquired Viteos, a provider of technology solutions for hedge funds, private equity, real estate, private debt and other alternative asset managers, from […]

(Hedgeweek) When reviewing middle-office outsourcing proposals, this comment is not uncommon. However, the inclination to evaluate outsourcing by extrapolating in-house operating budgets and comparing them to outsourcing proposals is an insufficient method for determining the total value of a proposed […]

(Hedgeweek) Alternative asset manager Cheyne Capital Management (Cheyne Capital) has closed its inaugural European Strategic Value Credit Fund (SVC) having scaled back subscriptions to the Fund’s capacity limit of EUR1 billion. To read this article:

(Bloomberg) Short sellers are getting paid as investors are losing their tolerance for failure.“The environment for shorting has improved a lot this year and last year,” said Per Johansson, chief investment officer at Stockholm-based Bodenholm Capital AB. To read this […]

(Bloomberg) Millennials’ shopping habits have helped fuel hefty gains at an Australian hedge fund this year. To read this article:

(Reuters) Some U.S. insurers are turning to Wall Street’s financial wizards for relief from the liabilities of their long-term care (LTC) policies, posing a challenge for regulators worried about how new industry players will tackle the risks involved. To read […]

(Opalesque) Socorro Asset Management LP, a long only asset management firm, will launch on July 1, 2019. Mark Freeman, founder and Chief Investment Officer, will manage the long only, multi-asset strategy targeting low volatility. Freeman is the former Chief Investment […]

(Opalesque) The pace of hedge fund redemptions slowed in April but continued for a second straight month with $9.4 billion in net outflows worldwide, down from $11.0 billion in March. Despite the outflows, industry assets under management increased to more […]

(Opalesque) Bailey McCann, Opalesque New York: London-based Cheyne Capital Management has closed its inaugural European Strategic Value Credit Fund at the €1bn hard cap. The fund was significantly oversubscribed. To read this article:

(Opalesque) Opalesque Industry Update: Lazard Asset Management LLC (LAM), today announced the expansion of its quantitative equity platform with the addition of a San Francisco-based investment team. The new Lazard U.S. Systematic Equity team comprised of Oren Shiran, Philip Summe, […]