Sat, May 25, 2013
A A A
Welcome Guest
Free Trial RSS
New! Family Office and Investor Database with 11,750 contacts
Alternative Market Briefing

M&A – Sanlam acquires Swiss FoHFs Octane Holdings, raises stake in South African hedge fund Blue Ink, Shumway Capital sells 8% stake to Goldman Sachs’s Petershill Fund, Goldman Sachs sticks with reduced management fee on flagship fund
Wednesday, January 06, 2010

Sanlam acquires Swiss FoHFs Octane Holdings, raises stake in South African hedge fund Blue Ink From Busrep.co.za: In a bid to strengthen its global hedge fund offering, Sanlam Investments (SI), the umbrella investment division of Sanlam, had acquired full ownership of a Swiss-based international hedge fund manager and increased its shareholding in another hedge fund.

SI had acquired full ownership of Octane Holdings, a Swiss-based international fund of hedge funds manager, for an undisclosed amount. SI previously held a 50% stake in the company, which was acquired in 2002. Octane is an independent, specialist alternative hedge funds investment manager...

SI has also increased its shareholding in Blue Ink Investments, a South African hedge fund manager, from 50 percent to 75 percent. It acquired the original stake in 2007. The amount of money SI paid for this purchase was also not disclosed. … Full article: Source

Shumway Capital sells 8% stake to Goldman Sachs’s Petershill Fund From Businessweek.com: Chris Shumway sold an 8 percent stake in his hedge-fund firm to a leveraged-buyout fund run by Goldman Sachs Group Inc., according to a letter sent to investors.

Shumway Capital Partners LLC will use proceeds from the sale to help finance a partnership to include senior executives of the Greenwich, Connecticut-based firm, the l......................

To view our full article Click here
Article link
Banner
Today's Exclusives Today's Other Voices Banner More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: Endurance Series Trust launches first mutual fund, multi-series trust[more]

    Bailey McCann, Opalesque New York: Endurance Series Trust, a multi-series trust, is launching with Gator Capital Management, LLC as the adviser for the Trust’s first mutual fund series. Endurance Fund Services, LLC, an independently owned and operated fund administration company will serve as t

  2. Morgan Creek Capital Management to acquire Signet Capital Management[more]

    Bailey McCann, Opalesque New York: Investment firm Morgan Creek Capital Management has acquired Signet Capital Management a UK-based credit fund of funds with $700M in assets under management. Under the agreement, Signet will contribute its funds and senior investment management team to Morgan Creek

  3. Moore Capital founder Louis Bacon to anchor $750m senior loan fund[more]

    From PEhub.com: Billionaire hedge fund manager Louis Bacon is placing a big bet on mid-market lending by backing a new firm that is seeking to raise a $750 million debt fund aiming at the lower end of the middle market, two sources told sister magazine Buyouts. Bacon, the founder of Moore Capi

  4. North America – Students are launching hedge funds on colleges across America[more]

    From Valuewalk.com: …From Cornell, whose student-run hedge fund beat Wall Street returns to the University of Michigan, which allows its students to manage as much as $250,000, student hedge fund are becoming a more prominent part of financial education. Their success has attracted the attention of

  5. A SQUARE Index returns: The Opalesque A SQUARE Index gained 1.39% in the first month of 2013. The A SQUARE Funds of Funds Index performed slightly worse with a gain of 0.68%.
Click here for More about Opalesque Tracking
- A new, unique Premium Service -
  1. Penrich
  2. MS
  3. MGH
  4. NZARA
  5. 36 South
  1. managed account
  2. people
  3. global macro
  4. hedge funds
  5. Ucits