Liquid alt fund goes from $21.5bn to $4.4bn in 18 months... [more]From WSJ.com: Market turmoil in China has further derailed the money-management industry’s flagship effort to bring more-sophisticated—and riskier—investment strategies to small investors.
The MainStay Marketfield fund, once the largest and most popular “liquid alternative” mutual fund, has se
Comment - Carlyle finds hedge funds hazardous... [more]From NYTimes.com: If nothing else, the last week has proved it can be very difficult to run a hedge fund. The Carlyle Group, the private equity giant, has known that for much longer. Its Carlyle Capital fund became a harbinger of the financial crisis after it imploded in March 2008. Months later, Bl
North America - Hedge fund manager Ray Dalio’s challenge to the Fed... [more]From Newyorker.com: For some reason, Janet Yellen, the chair of the Federal Reserve, decided to skip this year’s annual Fed conference in Jackson Hole, where monetary policymakers from the United States and abroad get together with some prominent academics to discuss the big issues of the moment. Th
News Briefs - Hedge fund-backed MedEquities angles to be public REIT... [more]MedEquities Realty Belief, a well-being care actual property funding belief backed by a New York hedge fund, is planning to go public. The Nashville-based firm has 21 amenities in its portfolio and expects to have two dozen throughout Texas, California, Nevada and South Carolina by the point it list