Tag Archives: barings
Barings Raises $19 Billion for Global Direct Lending:
(HedgeCo.Net) Barings’ latest direct-lending fundraise is one of the strongest signals yet that institutional appetite for private credit remains alive and well, even as parts of the market face growing scrutiny from investors, regulators, and wealth-management platforms. At a time […]
French Trader Detained After Losing $1 Billion
New York (HedgeCo.Net) – French officials have arrested a trader who allegedly lost more than $1 billion in complex derivative trades. Boris Picano-Nacci of mutual bank Caisse d’Epargne was taken in for questioning last week, days after the loss forced […]
Rogers Hires Two People for Fund of Hedge Funds, Expects Growth
Bloomberg – Rogers Investment Advisors Y.K., a Tokyo-based hedge fund adviser, has hired Yoshiaki Iizuka and Eric Chong as it expects to more than double assets by the year-end. Iizuka, 52, joined Rogers Investment on Aug. 1 as a managing […]
Top firms line up as SocGen kicks off review
Legal Week – French banking giant Societe Generale (SocGen) is reviewing its global panel of legal advisers, with a raft of City and international firms applying to be considered. Firms will be appointed to the panel for a three-year period […]
Tri Global FX Launches FOREX Fund
West Palm Beach (HedgeCo.net)- Recent news from Reuters shows that there is a booming interest in foreign exchange markets. According to the article, FX traders are seeing an increasing demand from institutional players, pension funds, and corporations. However, searching the […]
Merrill Lynch Probes Trading Desk
Bloomberg – Merrill Lynch & Co., the third- largest U.S. securities firm, is probing one of its trading desks in London and has suspended a trader after discovering he may have overstated the value of some of the bank’s equity […]