Monthly Archives: June 2019
Third Rock Ventures raises $770m for its largest life sciences fund
(Opalesque) Biotechnology venture capital firm Third Rock Ventures has raised $770m for its fifth fund, a sign that investor interest in funding early-stage science continues unabated despite volatile public markets. The investment vehicle, the largest ever raised by Third Rock […]
Mifid II Drives Race for Research Alternatives
(HedgeWeek) The introduction of the second Markets in Financial Instruments Directive (MiFID II) in January 2018 heralded fundamental changes in the market, specifically when it comes to research. Buy-side firms have had to scrutinise the amount they spend on research […]
CEOs Are Being Forced to Hedge Against the Chaos of a Full-On Trade War
(Bloomberg) Toyota Motor Corp. has long tracked President Donald Trump’s trade threats toward Japan, not to mention tweets slamming the automaker for building a new plant in Mexico. Yet when the U.S. actually imposed tariffs on aluminum and steel imports […]
Hedge Funds Watch The Trade War Amid Growing Skepticism Over The Possibility Of A Resolution
(Opalesque) How much longer can the trade war go on? Market observers are starting to raise concerns about potential impacts to the market if the trade war, which is now in its fourteenth month continues without a resolution. James McCormack, […]
The Rise of Hedge Fund Coinvestments
(Harvest) While co-investing has been a staple of the private equity industry for many years, it is a more recent and growing trend in the hedge fund industry. We believe that hedge fund co-investments are an important tool to increase […]
The High Yield Bond Market is the Best Parallel to Crypto
(Harvest) There are a myriad of issues preventing established investors from entering the digital assets space, like market illiquidity, price discovery issues, underlying valuations, and lack of infrastructure. But these same issues are seen in other asset classes as well. […]
Ray Dalio, David Rubenstein and Marc Lasry to headline second annual Greenwich Economic Forum
(Opalesque)The Greenwich Economic Forum (GEF) announced that its annual event will be taking place at the Delamar Greenwich Harbor Hotel on November 5-6, 2019. GEF will once again gather an elite group of leaders from global finance, business, government, media, […]
Boaz Weinstein’s Hedge Fund Sues BlackRock Funds Over Board Elections
(Bloomberg) Boaz Weinstein’s hedge fund sued BlackRock Advisors, saying the asset manager has prevented outsiders from gaining board seats at several of its funds. To read this article:
Harvard Endowment Needs to Lower Fees, Not Pay
(Bloomberg) The battle over investment fees is coming to a college campus near you.A group of Harvard University alumni known as the Class of 1969 Ad Hoc Committee on Harvard’s Endowment Management recently complained in a letter to Harvard President […]
SEC Charges Issuer With Conducting $100 Million Unregistered ICO
(HedgeCo.Net) The Securities and Exchange Commission has sued Kik Interactive Inc. for conducting an illegal $100 million securities offering of digital tokens. The SEC charges that Kik sold the tokens to U.S. investors without registering their offer and sale as […]
Mifid II drives race for research alternatives
(Hedgeweek) How are hedge funds changing their research methods in the wake of MiFID II? Joe McGrath investigates… To read this article:
Rising global risks cause investor flight to safety, but UK equity funds buck the trend
(Hedgeweek) A bad month for share prices made relatively little impact on investors in May, according to the latest Fund Flow Index (FFI) from global funds transaction network Calastone, but mainly because buyers have been on strike now for months. […]