Category Archives: Syndicated

US and Europe May Collide on Taxing Apple and Amazon

(New York Times) President Trump and congressional lawmakers are not the only ones interested in collecting taxes on global profits that American corporations are hoarding overseas. European regulators, knee deep in a campaign to stamp out tax avoidance, have their […]

AIMA Launches New Due Diligence Template

(Opalesque) The Alternative Investment Management Association (AIMA) has published a new edition of its flagship due diligence questionnaire (DDQ), 20 years after the first “AIMA DDQ” helped to standardise the due diligence process for alternative investment managers and investors. To […]

A ‘Crazy’ Stock Market Is Punishing Sellers

(Bloomberg) At Credit Suisse Group AG’s prime brokerage desk in midtown Manhattan, the phone hardly seems to ring anymore. Its hedge fund clients don’t call about Donald Trump’s tweetstorms and the stock market or ask what to do when terrorists […]

Bridgewater Wagers $1.1 Billion Against Italian Companies

(Bloomberg) Ray Dalio’s Bridgewater Associates, the world’s largest hedge-fund firm, has mounted a $770 million wager against Italian financial stocks, its biggest disclosed bearish bet in Europe, data compiled by Bloomberg show. To read this article:

Michael Fein/Bloomberg Ivy League Endowments Humbled as Bull Market Beats Esoterica

(Bloomberg) Harvard, Princeton and Yale universities would have done well to heed the advice of Warren Buffett, who has long advocated investments in low-cost index funds while questioning the value of hedge funds. At least in the last fiscal year. […]

GTCR Raises $5.25B For Oversubscribed Twelfth PE Fund

(FINalternatives) Private equity company GTCR has raised a total of $5.25 billion in capital commitments for its twelfth buyout fund, easily surpassing its $4.5 billion target and hitting its hard cap after only five months in the market. To read […]

Man Group Reverses MiFID II Research Decision, Will Absorb Costs

(FINalternatives) Just a day after RAM Active Investments joined the growing roster of companies who will absorb the cost of external research once the EU’s MiFID II directive comes into effect in January, hedge fund manager Man Group has reversed […]

BlackRock Taps Reichel For Multi-Asset Strategy Role

(FINalternatives) Global investment management giant BlackRock has named former Berenberg chief investment officer Peter Reichel as a strategist on its multi-asset team. To read this article:

Lawyers Charged With Assisting a Microcap Fraud Scheme

(HedgeCo.Net) The Securities and Exchange Commission today charged two lawyers it alleges helped facilitate a microcap fraud scheme involving undisclosed “blank check” companies secretly bound for reverse mergers. In complaints filed in the U.S. District Court for the Southern District […]

SS&C GlobeOp: Hedge Fund Performance Index Up +0.67% In September

(FINalternatives) Hedge funds booked their fourth consecutive month of positive returns in September and their ninth of the year to date, according to SS&C GlobeOp, while net asset flows dipped. To read this article:

Preqin: 19% Of Alternative Asset Industry Employees Are Female

(FINalternatives) Nearly one in five employees at alternative investment firms are female, according to new research from industry data specialist Preqin, with representation varying widely by role and declining sharply with seniority. To read this article:

Maverick Capital, a $10.5bn Hedge Fund, is Jumping on One of the Hottest Trends in Investing

(The Business Insider) Maverick Capital is starting two quant funds, according to documents seen by Business Insider. The Maverick Fundamental Quant Funds will accept money starting January 1, 2018 and will close once assets reach $1 billion in each, the […]