Fri, Apr 29, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Australian hedge fund news: Bennelong expands, ASIC cooperates with EU, Thorney seeks Wentworth, Liptak heads new advisory firm

Friday, September 06, 2013

amb
Damien Hatfield
Benedicte Gravrand, Opalesque Geneva:

So what is happening in down under’s hedge fund industry? According to Triple A Partners’ latest newsletter, Australian Hedge, authored by Damien Hatfield, quite a lot. Here are a few titbits:

• The Bennelong Group, a Melbourne-based privately owned funds management and private equity business founded by Jeff Chapman and the Chapman family in 2000, and owner of Bennelong Funds Management, is expanding. The group took controlling interest in wealth manager Carnbrea & Co, also based in Melbourne, and will create a wealth management advisory business unit, which will be headed by Fiona Rowland. Meanwhile, Australian Hedge adds, Bennelong Funds Management reached $5 billion in AUM.

• The Australian Securities and Investments Commission (ASIC) and 29 European Union (EU) securities regulators agreed to cooperate to support Australian alternative investment fund managers operating in the EU.

• Thorney Investment Group Australia Pty. Ltd., a principal investment firm specializing in investments in emerging companies and based in Melbourne, proposed Wentworth Holdings Limited, an ASX-listed investment company, to recapitalise and convert it into an absolute return-focused investment firm. If they agree, Wentworth would undertake capital raising and ap......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Hedge funds see $14.3bn outflows in Q1, CTAs and multi-strategy lead net inflows[more]

    Komfie Manalo, Opalesque Asia: The hedge fund industry saw net outflows of investor capital in the first quarter of the year, totaling $14.3bn, data from Preqin showed. This continues from the $8.9bn overall net outflows that funds recorded in Q4

  2. Performance - Blackstone profits plunge 77% as performance fees dive, Hedge fund stars' fortunes hostage to market swings, Hedge fund manager goes from billionaire to millionaire in profits plunge, Hedge funds biggest losers in SunEdison's 'magic money machine'[more]

    Blackstone profits plunge 77% as performance fees dive From FT.com: Blackstone, the world’s biggest manager of alternative investments from private equity to real estate, suffered from sharply lower performance fees amid turbulent markets in the first three months of the year, even as it

  3. Third Point calls Q1 "catastrophic" for hedge funds[more]

    Bailey McCann, Opalesque New York: The first quarter of this year was rocky for hedge funds based on aggregate performance from the industry, but now we are beginning to hear what the managers thought of it as quarterly letters make their way to investors. Dan Loeb, CEO of New York-based $17 bill

  4. Asia - Stabilization of China's capital outflows may hinge on Janet Yellen, Fink says China to do well this year as bubble threat postponed, Chinese hedge fund to invest in India’s infrastructure[more]

    Stabilization of China's capital outflows may hinge on Janet Yellen From Bloomberg.com: Whether China’s recent stabilization of its currency and capital outflows continues -- or downside pressure reignites -- may hinge in large part on Janet Yellen. If the Federal Reserve chair sticks to

  5. …And Finally - After all, judges are human too[more]

    From Newsoftheweird.com: In March, one District of Columbia government administrative law judge was charged with misdemeanor assault on another. Judge Sharon Goodie said she wanted to give Judge Joan Davenport some files, but Davenport, in her office, would not answer the door. Goodie said once the