Monthly Archives: September 2019

(Hedgeweek) SS&C Technologies Holdings, is to acquire certain Algorithmics and related assets from IBM. Algorithmics provides leading risk analytic products and services for the financial services industry worldwide. To read this article:

(Hedgeweek) LoCorr Funds is to acquire Steben & Company, an alternative asset manager that specialises in multi-manager alternative investment products. LoCorr has also made a number of additions to its distribution team. To read this article:

(Opalesque) – New hedge fund launches increased for the second consecutive quarter, with launches through mid-year 2019 on a pace that could see the industry top launches from calendar year 2018. To read this article:

(Opalesque) Venture capital AUM in South Asia has steadily grown over the past 10 years, reaching $15bn as of December 2018. Fundraising in the region peaked in 2015 when 23 funds secured a combined $3.5bn. Aggregate capital raised declined sharply […]

(Opalesque) Canadian private markets investor Northleaf Capital Partners has raised an additional US$1 billion in capital from Canadian, U.S., European and Asian investors across its global private markets program. It plans to use the capital infusion for investments across the […]

(Reuters) – Hedge fund D.E. Shaw & Co is building a stake in Emerson Electric Co (EMR.N) and is planning to push for changes, including a potential split-up of the U.S. industrial conglomerate, people familiar with the matter said on […]

(Reuters) – Gold prices inched down in early trade on Monday as concerns over an escalation in the U.S.-China trade war eased, boosting the dollar. To read this article:

(Reuters) Mark Nordlicht, the founder of defunct hedge fund firm Platinum Partners who was convicted of fraud, was granted a new trial by a New York federal judge on Friday, and David Levy, a former executive of Platinum, was acquitted. […]

(Bloomberg) Jason Mudrick has been enjoying a run this year that most other hedge fund managers only dream of. His flagship fund at Mudrick Capital Management is up 32% on soaring valuations for one of the largest players in the […]

(Bloomberg) Early September saw a massive shift from long-favored momentum stocks to value equities. Bloomberg’s Sonali Basak takes a look at how this momentum reversal impacted hedge funds. To read this article:

(Hedgeweek) LoCorr Funds is to acquire Steben & Company, an alternative asset manager that specialises in multi-manager alternative investment products. To read this article: