Opalesque Exclusive: ABR Dynamic Funds builds for scale... [more]Bailey McCann, Opalesque New York: If you travel to New York to meet with alternative investment managers, most of the time you'll visit lofty buildings in Midtown Manhattan, far away from the trading floors that once defined Wall Street's physical presence. That's not the case with N
Alternative assets under administration grow by 14 percent - eVestment... [more]Bailey McCann, Opalesque New York: Alternative fund administrators responding to eVestment's 2017 Alternative Fund Administration survey, released today, reported assets under administration increased to US $7.64 trillion, up 14.15 percent from the prior year.
Highlighting the continued gro
Big hedge funds' assets edge lower in 2016: Billion Dollar Club survey... [more]From Reuters.com: Assets managed by the largest hedge funds slipped in 2016 in their first calendar-year decline since the financial crisis, according to a survey released on Thursday by data and news provider Hedge Fund Intelligence.
The twice-annual Billion Dollar Club report showed that the
Oaktree bags a fortune as it sells chicken company to Tyson... [more]From NYPost.com: Billionaire Howard Marks' hedge fund Oaktree Capital on Thursday called the buyout of chicken-parts distributor AdvancePierre Foods the "standout" investment of its 22-year history.
The fund, which manages $100 billion in assets, this week sold AdvancePierre to meat-processing
Fund Profile - Harmonic hedge fund keeps tune after founders' farewell... [more]From FNLondon.com: ...Harmonic has crafted new products, macro funds and systematic investing are growing in popularity, and departing co-founders David Pendlebury, 44, and Richard Conyers, 52, have not set up rival operations.
Smith says that Conyers is pursuing other interests. "[He] is work
People - Hedge fund veteran Stu Hendel joins Lightkeeper... [more]Lightkeeper LLC, a provider of portfolio intelligence tools and customized reporting solutions for the financial services industry, is pleased to announce that Stuart J. Hendel has joined its executive management team as a Senior Managing Director.
Stu has spent his career in the Hedge Fund in