Other Voices: Does Artificial Intelligence start wars? Thoughts on Elon Musk... [more]By Lars Jaeger: The billionaire and acclaimed tech visionary Elon Musk just expressed another dire warning about the potential of artificial intelligence (AI). In a Twitter message (where else, we are to ask today) a few days ago he warned that this technology represents a greater risk to world p
Opalesque Exclusive: Peak Soil Indexes aims to financialize farmland... [more]Benedicte Gravrand, Opalesque Geneva: Peak Soil Indexes (PSI), an indexing boutique run by Paul Kanitra out of Greensboro, GA, has already established several core farmland indexes as benchmarks in the industry, and says it wants to "de
Huntsman denies activist investor's 'misleading comments' about proposed merger with Clariant... [more]Komfie Manalo, Opalesque Asia: Huntsman Corporation has accused White Tale Holdings, an activist investment group including Keith Meister's Corvex hedge fund and short-term oriented fund 40 North, of spreading false attacks on the firm's performance and its portfolio in a transparent and self
Stephen Mandel to step down from day-to-day operations at Lone Pine Capital... [more]Bailey McCann, Opalesque New York: Hedge fund star Stephen Mandel told investors in a letter that he is stepping down from day-to-day operations at his hedge fund Lone Pine Capital.
Mandel, who started in the hedge fund industry at Julian Robertson's Tiger Management, launched Lone Pine
Capital Dynamics launches mid-market private credit business... [more]Capital Dynamics, a global private asset manager, has launched a dedicated Private Credit Asset Management business. Experienced industry executives Jens Ernberg and Thomas Hall have joined Capital Dynamics to co-lead the company's new private credit initiative. They are based in Capital Dynamics' N
Neuberger Berman closes $1.1bn Credit Opportunities Fund... [more]Neuberger Berman, a private, independent, employee-owned investment manager, announced that NB Private Equity Credit Opportunities Fund LP closed on $1.1 billion of limited partner commitments. The Fund seeks to invest in the secured and unsecured debt of private equity-backed companies, primarily i
Institutions - Where the ultra-wealthy are putting their money... [more]From CNBC.com: The ultra-wealthy are allocating more of their money to equities and less to hedge funds and real estate this year, a survey of family offices published on Wednesday found.
Equities accounted for 27.1 percent of the average family office portfolio, the survey from UBS Wealth Man
Comment - Humbling of hedge fund star Hendry shows why women are better investors... [more]From Standard.co.uk: Women are much better hedge fund managers than men, says the latest research. Previous research tends to show they are better investors full stop. Why? Exhibit A is an interview given to Bloomberg on Friday by Hugh Hendry, a curious character who managed to sound all-knowing eve
SWFs - World's largest sovereign wealth fund hits $1 trillion for first time... [more]From CNBC.com: The Norwegian sovereign wealth fund, the largest in the world, has officially hit $1 trillion. Norges Bank, who manages the fund for Norway, said on its website that the rainy-day pot was never expected to grow so large.
"I don't think anyone expected the fund to ever reach 1 tr
...And Finally - What's in a name?... [more]From Newsoftheweird.com: The state administration for industry and commerce in China has had to put its foot down about long, ridiculous names for companies.
New guidelines prohibit long-winded names, such as There Is a Group of Young People With Dreams, Who Believe They Can Make the Wonders
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Benedicte Gravrand, Opalesque Geneva for New Managers: Monica Fuentes, a Goldman Sachs alumni who also used to run a $6bn global macro hedge fund at London-based Comac Capital, will now manage O'Brien Investment Group (OBIG)'s first hedge fund. The OBIG Discretionary Global Macro Fund will o..
