Hedge fund Elliott Associates rejects GE's tender offer for SLM Solutions... [more]Komfie Manalo, Opalesque Asia: Activist investor Elliott Associates, the hedge fund run by Paul Singer, and Elliott International, have rejected GE Germany Holdings AG's $1.4bn tender offer to takeover 3D printing company SLM Solutions Group AG. Elliot Associates, Elliott International and it
Francisco Partners closes Agility Fund on $600M... [more]Bailey McCann, Opalesque New York: Francisco Partners, a technology focused private equity firm, has closed a new fund - The Agility Fund - on $600 million. The fund will be focused on making smaller investments in technology companies.
"Our natural process of meeting companies has consist
SS&C bolsters CRM capabilities with acquisition of Salentica... [more]From CRN.com: SS&C Technologies has struck a deal to acquire Customer Relationship Management platform developer Salentica in a move that will bolster its portfolio of CRM solutions.
“Fundamentally this is an acquisition about adding deep expertise in CRM, a key component of the advisor techno
Barclay CTA Index down 0.40% in September (+0.10% YTD)... [more]Managed futures traders lost 0.40% in September according to the Barclay CTA Index compiled by BarclayHedge. The Index is up 0.10% year to date. “The US Fed, in spite of its hawkish tone, opted to hold rates steady which roiled financial markets,” says Sol Waksman, founder and president of BarclayHe
Instavest: The startup that wants to uproot hedge funds... [more]From WSJ.com: After 16 years in finance, Saleem S. Khatri owned a closet full of suits. But as he packed for Silicon Valley and the most important meeting of his life, he settled on his lucky Superman T-shirt. The tech world was less buttoned-up than the banks he had worked for, and Khatri, who was