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HELPCENTER
19 Apr. 2024 Man Group reports a 5% increase in Q1 AUM at $175.7bn [more]
Laxman Pai, Opalesque Asia: World's largest publicly traded hedge fund Man Group reported a nearly five percent increase in its assets under management (AUM) for the first quarter of 2024, compared to the last quarter of 2023. The British hedge fund manager said in a press release that its
19 Apr. 2024 With 7520 deals, global VC investment falls to its lowest level in five years to $76bn in Q1'24 [more]
Laxman Pai, Opalesque Asia: Global venture capital (VC) investment dropped from $83.8 billion in Q4'23 to $75.9 billion in Q1'24 while the number of VC deals dropped from 9,458 to 7,520 over the same period, revealed a study. According to KPMG Private Enterprise, the fall is attributed to geop
18 Apr. 2024 Auspice and CI GAM expand partnership with launch of new systematic fund [more]
Opalesque Industry Update - Auspice Capital Advisors Ltd. has launched the CI Auspice Alternative Diversified Corporate Class, a systematic, trend-following, multi-strategy Fund that seeks to provide returns that are uncorrelated with other alternative strategies and fixed income, while also
18 Apr. 2024 OpenAI is the most funded AI company, with $14bn raised so far [more]
Opalesque Industry Update - The explosive growth of the AI market has drawn huge attention from VC investors, who poured billions of dollars into AI companies and startups, even when most other sectors saw a considerable funding drop. And while AI companies, in general, have become a new shiny objec
18 Apr. 2024 Evolution Equity racks up $1.1bn for cybersecurity bets [more]
Laxman Pai, Opalesque Asia: Cybersecurity-focused private equity firm Evolution Equity Partners announced that it raised $1.1 billion of capital commitments for cybersecurity and AI fund, the third such fund in Evolution's history. The growth capital investment firm based in NYC said in a medi
17 Apr. 2024 Hedge fund investors seek strong performance in an elevated interest rates scenario [more]
Laxman Pai, Opalesque Asia, for New Managers: Hedge funds led by new managers are responding to pressure to outperform against a backdrop of elevated interest rates, pointed out a new study. The 2023 edition of The Seward & Kissel New Manager Hedge Fund Study, revealed a substantial inc
16 Apr. 2024 Global PEVC deal value climbs 5.1% in the first quarter [more]
Laxman Pai, Opalesque Asia: Global private equity and venture capital deal value grew in the first quarter, although the volume of transactions declined from the same period in 2023, revealed a study. According to S&P Global Market Intelligence data, deal value climbed 5.1% to $130.61 billion
15 Apr. 2024 Global pension funds allocation to private equity fell short in Q1 2024 [more]
Laxman Pai, Opalesque Asia: Global pension funds collectively fell short of their intended allocation to private equity in the first quarter, revealed a study. According to an S&P Global Market Intelligence analysis of data from 344 global pension funds, pension funds targeted an allocation t
12 Apr. 2024 Global venture capital investments drop markedly in Q1 2024 [more]
Laxman Pai, Opalesque Asia: A study pointed out that the value and volume of global venture capital deals declined during the first quarter of 2024. According to S&P Global Market Intelligence data, the aggregate transaction value amounted to $71.57 billion from January to March 2024, represen
11 Apr. 2024 Igneo raises more than $4.4bn for European infrastructure fund [more]
Laxman Pai, Opalesque Asia: Igneo Infrastructure Partners, the direct investors in infrastructure assets, has raised €4.1bn ($4.4bn) for its European Diversified Infrastructure Fund III (EDIF III) and secured approximately €2.1bn of potential co-investment commitments from 55 institutio
10 Apr. 2024 Auspice and CI GAM expand partnership with launch of new systematic fund [more]
Opalesque Industry Update - Auspice Capital Advisors Ltd. has launched the CI Auspice Alternative Diversified Corporate Class, a systematic, trend-following, multi-strategy Fund that seeks to provide returns that are uncorrelated with other alternative strategies and fixed income, while also
10 Apr. 2024 EU ESG Ucits AUM set to cross $9.8tn by 2027 [more]
Laxman Pai, Opalesque Asia: Investment flows towards EU ESG UCITS funds surged last year. Article 8 and Article 9 funds reached EUR 6.2tn at end-2023, an increase of EUR 1tn year-on-year, and assets under management (AUM) are now projected to reach over EUR 9tn ($9.8tn) by 2027, revealed a study.
09 Apr. 2024 Alternative fund managers are losing investment mandates due to compliance issues [more]
Opalesque Industry Update - New research from Ocorian and Newgate Compliance, market players in regulation and compliance services for funds, corporates, capital markets and private clients shows alternative fund managers are losing investment mandates or clients because of compliance issues. It
09 Apr. 2024 IMF warns of 'fragilities' in rapidly growing $2.1tn private credit market [more]
Laxman Pai, Opalesque Asia: The International Monetary Fund (IMF) has raised concerns about the rapidly expanding private credit market, now valued at $2.1 trillion. "The private credit market, in which specialized non-bank financial institutions such as investment funds lend to corporate borr
09 Apr. 2024 Cliff Asness's list of cognitive dissonance instances [more]
B. G., Opalesque Geneva: On the 1st of April, Cliff Asness, managing and founding principal of AQR, published an interesting list of 13 set
07 Apr. 2024 Macro hedge funds surge in March, post strongest quarter in over 20 years [more]
Opalesque Industry Update - Hedge funds extended the 1Q surge through March, led by Macro strategies, which posted its best month since March 2022 and its strongest quarter in over 20 years. Industry-wide gains were driven by trend-following CTAs, Energy, Multi-Strategy, Healthcare, and Cryptocu
05 Apr. 2024 SK Capital Partners wraps up sixth fund just under $3bn [more]
Laxman Pai, Opalesque Asia: Buyout investor SK Capital Partners has announced the closing of its latest fund SK Capital Partners VI with $2.95 billion in commitments. The new fund, which is the latest vintage of the firm's flagship private investment strategy, was oversubscribed. According to
04 Apr. 2024 SEC charges advisory firm Senvest Management with recordkeeping and other failures [more]
Opalesque Industry Update - The Securities and Exchange Commission announced charges against registered investment adviser Senvest Management LLC for widespread and longstanding failures to maintain and preserve certain electronic communications. The SEC also charged Senvest with failing to enforce
04 Apr. 2024 AGL Credit Management launches private credit platform [more]
Opalesque Industry Update - AGL Credit Management LP, a premier investment manager specializing solely on corporate credit strategies, and Barclays Plc, a global Investment Bank, today announced an exclusive Cooperation Agreement and the launch of a new private credit investment platform, AGL Privat
04 Apr. 2024 AlTi Tiedemann Global acquires East End Advisors [more]
Opalesque Industry Update - AlTi Global, Inc., a leading independent global wealth and alternatives manager with over $70 billion in combined assets, announces the acquisition of East End Advisors, an independent advisory firm with assets under management (AUM) of approximately $5.6 billion, offerin
04 Apr. 2024 Golub Capital expands into Japan [more]
Opalesque Industry Update - Golub Capital today announced that Shuji Hatsukaiwa has joined as Managing Director, Japan and will be based in the Firm's newly-opened Tokyo office. In his new role, he will be focused on deepening relationships with investors across Japan. "Japan is a key market
04 Apr. 2024 Adenia Partners closes latest fund on $470M [more]
Bailey McCann, Opalesque New York: African private equity firm Adenia Partners has closed its latest fund on $470 million. The fund was oversubscribed and hit its hard cap. "Amid the impressive oversubscription of this new fund, it is incredible to look back on Adenia's journey over the last
03 Apr. 2024 Alternative fund managers expect the level of fines they face for breaking regulations to increase [more]
Opalesque Industry Update - New research from Ocorian, a market player in regulation and compliance services for funds, corporates, capital markets and private clients, reveals that fines for alternative fund managers for breaking regulations could be set to rise. Ocorian's international study
03 Apr. 2024 Arctos racks up $4.1bn for latest flagship sports fund [more]
Laxman Pai, Opalesque Asia: Private investment firm Arctos Capital Partners has raised $4.1bn for its latest flagship sports fund - Arctos Sports Partners Fund II. The Fund II closed with over $4.1 billion in capital commitments from a diverse group of global investors, including some of the
02 Apr. 2024 Commonfund wraps up its fourth secondaries fund at $1.1bn [more]
Laxman Pai, Opalesque Asia: American institutional investment firm Commonfund said that its private-capital arm CF Private Equity closed its newest and largest investment program targeting secondhand stakes in private-equity assets. CF Private Equity, which mainly invests on behalf of smaller
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