Category Archives: Syndicated
Top Firm Going on Investment Banking Hiring Spree
(HITC Business) “There’s no doubt that we’re facing a shortage of people,” he said. “But it’s a good opportunity to upgrade.” Barclays is on a hiring spree to boost its investment banking and market operations in Japan, one year after […]
NewStar to Add $726m of Managed Assets Through Acquisition of Investment Manager
(Opalesque) NewStar Financial, Inc. announced that it has agreed to acquire Fifth Street CLO Management LLC, a wholly-owned subsidiary of Fifth Street Holdings L.P., an affiliate of Fifth Street Asset Management, Inc., a publicly-traded credit-focused asset management firm based in […]
The Real Risk is No Perceived Risk
(Harvest) Stocks up, bonds up. Will our current goldilocks scenario hold, or are investors sowing the seeds of future disappointment? Global fixed income portfolio manager Jeff Klingelhofer, CFA, offers his unique take on the current divergence between equity and bond […]
How to Tax a Robot
(Harvest) One of the biggest discussions in economic and political circles today is how automation and robotics will affect the labor force, global economies and government budgets. The Trump administration has focused on the labor issue and endeavors to bring […]
NYHFR Survey: Sustainability Reporting Increasingly Important to Alternatives Industry
(FINalternatives) Sustainability is steadily moving from a niche issue to being front and center in the minds of global alternative investors, according to a new survey by the New York Hedge Fund Roundtable. To read this article:
Stellex Capital Management Raises $870M For Inaugural PE Fund
(FINalternatives) Stellex Capital Management has raised $870 million in capital commitments for its debut middle-market private equity fund, comfortably beating its $750 million target. To read this article:
Bond Rout Sounds Warning for Equities That Higher Rates Can Hurt
(Bloomberg) Is the bond rout over? You ain’t seen nothing yet and stock investors should take note. The global equity rally that’s repeatedly shrugged off rising geopolitical uncertainty now faces a new test: the apparent certainty of higher borrowing costs. […]
Elliott Advisors Makes Fresh Legal Move Against Akzo Nobel’s Chairman
(Reuters) Hedge fund Elliott Advisors said on Friday it has filed a second lawsuit seeking a general meeting of Akzo Nobel shareholders to vote on dismissing Chairman Antony Burgmans over his handling of a 26.3 billion-euro ($30 billion) takeover proposal […]
Hayfin Capital Management Raises €2.2bn for Special Opportunities Fund
(FINalternatives) European credit specialist Hayfin Capital Management has raised €2.2 billion in capital commitments for its second closed-end special opportunities fund and associated parallel vehicles. The new fund, named the Hayfin Special Opportunities Fund II, will invest in illiquid, undervalued […]
Loeb’s Consigliere in Nestle Fight Knows How the Sausage Is Made
(Bloomberg) In his showdown with Nestle SA, hedge-fund billionaire Dan Loeb has tapped an industry veteran with more experience at other listed consumer-product companies than the Swiss giant’s entire board. Jan Bennink, who has managed dozens of well-known brands at […]
AIMA/GPP Hedge Fund Survey: Breakeven AUM Lower than Often Thought
(FINalternatives) Contrary to conventional wisdom, most alternative investment management firms are able to turn a profit and expand with considerably less than $100 million in assets under management, according to a new survey of sub-$500 million managers by the Alternative […]
Ex-Employee Dismisses Suit Against Hedge Fund Co-CEO
Ex-Employee Dismisses Suit Against Hedge Fund Co-CEO New York Post posted on Fri 7 Jul 2017 Permalink Print Robert Mercer, co-CEO of hedge fund Renaissance Technologies, narrowly avoided a legal headache. Former Ren Tech employee David Magerman voluntarily dismissed his […]