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HELPCENTER
25 Mar. 2021 Capital Dynamics hails secondaries 'renaissance' as it breaks its all-time fundraising record [more]
Laxman Pai, Opalesque Asia: The global asset management firm focusing on private assets Capital Dynamics has raised approximately USD 786 million in commitments for its latest fund - Capital Dynamics Global Secondaries V (GSEC V). The Fund exceeded its initial target size of USD USD700 millio
25 Mar. 2021 Orangewood Partners raises $300 million across funds [more]
Bailey McCann, Opalesque New York: Growth and special situations sponsor Orangewood Partners has closed its second fund on $200 million and has raised an additional $100 million in equity across other vehicles. The bulk of the fundraise was completed during the second half of 2020. Eaton Part
24 Mar. 2021 Hedge fund industry starts the year strong with $30.5bn in January inflows [more]
Opalesque Industry Update - The hedge fund industry experienced $30.5 billion in inflows in January, a strong start to the year following a December that saw nearly balanced flow activity with $42.6 million in redemptions, reports BarclayHedge. January 2021's inflows represented 0.8% of industry
24 Mar. 2021 Hedge fund managers up 2.99% in February [more]
Opalesque Industry Update - Hedge fund managers were up 2.99% in February - recording their third consecutive month of outperformance against the global equity market as represented by the MSCI ACWI which returned 2.72% over the month. In terms of performance distribution, the top 10% of global hedg
24 Mar. 2021 Oaktree Capital rings up $4.7bn targeting distressed assets and rescue financing [more]
Laxman Pai, Opalesque Asia: Los Angeles-based Oaktree Capital Management closed its largest real estate fund, Oaktree Real Estate Opportunities Fund VIII (ROF VIII), and related vehicles with about $4.7 billion. The funding vehicle exceeded its original target of $3.5 billion. ROF VIII alread
24 Mar. 2021 Triton spinout KLAR Partners seals biggest first-time European PE fundraise with $714m hard cap close [more]
Laxman Pai, Opalesque Asia: A team of former Triton executives has sealed a €600m ($714.2 million) hard cap final close for their debut fundraise as KLAR Partners. European private equity firm KLAR Partners said in a press release that the fund is one of the largest European first-time funds
23 Mar. 2021 Drury Capital flagship fund up 37.9% and new 2020 fund up 22% [more]
Opalesque Industry Update - US-based CTA Drury Capital has delivered investors a bumper 37.9% return over the past 12 months to February 2021 (S&P 500 for same period is 28.8%) with its flagship Diversified Trend Following Program. Despite big market movements in 2020, and at a time of unpreceden
23 Mar. 2021 Financial sector M&A deals in Asia-Pacific more than tripled to 255 in 2020 [more]
Laxman Pai, Opalesque Asia: The number of financial sector M&A deals announced in Asia-Pacific more than tripled to 255 in 2020, S&P Global Market Intelligence data show. "The Asia-Pacific will likely remain an active place for mergers and acquisitions in the financial sector in 2021, thanks
23 Mar. 2021 Thoma Bravo takes over online trading company Calypso from Bridgepoint and Summit [more]
Laxman Pai, Opalesque Asia: Technology-focused private-equity firm Thoma Bravo has agreed to acquire online trading services provider Calypso Technology from the European buyout shop Bridgepoint and the investment firm Summit Partners. The American private equity and growth capital firm did n
22 Mar. 2021 Research reveals that the Coronavirus crisis is fueling the growth of the day trader [more]
Opalesque Industry Update - New research from ETF provider GraniteShares, which offers a range of 3x short and 3x leveraged ETPs on popular UK and US stocks, shows the Coronavirus crisis is inspiring some people to become day traders aiming to make a living from buying and selling stocks and other a
22 Mar. 2021 The DMS Group, MontLake and MDO announce rebrand to Waystone [more]
Opalesque Industry Update - The DMS Group, MontLake and MDO have come together to form Waystone, a business uniquely designed to address the increasingly complex needs of today's governance industry. Since their agreement in 2020, the three organisations have worked together to integrate effecti
22 Mar. 2021 Blackstone closes 'largest ever' maiden growth equity vehicle at $4.5bn [more]
Laxman Pai, Opalesque Asia: The private equity giant Blackstone announced the final close of its first growth equity fund - Blackstone Growth - with $4.5 billion in capital commitments from a wide range of family offices, entrepreneurs, endowments, strategic institutional investors, pension funds
22 Mar. 2021 Lexington beats hard cap to raise $3.2bn for a fifth co-investment fund [more]
Laxman Pai, Opalesque Asia: Secondary investing giant Lexington Partners has raised $3.2bn for one the biggest-ever global co-investment funds amid heavy LP interest. The New York-based global alternative investment manager has closed its Lexington Co-Investment Partners V (CIP V) fund with $
19 Mar. 2021 JP Morgan and Northern Trust among six new OCIOs contributing to the Alpha Nasdaq OCIO Index [more]
Opalesque Industry Update - Six new OCIOs began contributing to the AlphaNasdaq OCIO Index in the fourth quarter, further solidifying the index as the investment industry standard for providing transparency and benchmarking in the OCIO industry. The new firms contributing OCIO data to the index are
19 Mar. 2021 Antares Capital finances and upsizes largest post-GFC CLO [more]
Opalesque Industry Update - Antares Capital Advisers LLC, a subsidiary of Antares Capital LP announced the closing of the reset of Antares CLO 2017-1, Ltd., originally a $2.1 billion CLO that was upsized to $2.3 billion as part of the transaction. The upsize brings the company's total CLO assets und
19 Mar. 2021 AXS Investments acquires COGIX market neutral fund [more]
Opalesque Industry Update - AXS Investments, a leading alternative investment manager, today announced the acquisition of the AXS Market Neutral Fund (COGIX) to its expanding suite of alternative investment funds designed to open access for all investors to proven strategies previously available to
19 Mar. 2021 Credit Suisse splits fund unit under new head [more]
Laxman Pai, Opalesque Asia: Global wealth manager Credit Suisse Group is overhauling its asset management business. The Swiss bank is splitting away its asset-management unit from its business with wealthy clients, following the fallout of its relationship with collapsed firm Greensill Capital.
18 Mar. 2021 Swiss fund market growing again [more]
Opalesque Industry Update - In February 2021, the volume of assets placed in the investment funds covered by the statistics compiled by Swiss Fund Data AG and Morningstar stood at CHF 1,368.4 billion, an increase of CHF 24.6 billion or 1.8% month-on-month. Net inflows totaled CHF 3.8 billion. Th
18 Mar. 2021 Institutions say that 2020 had influenced their thinking on diversity, equity, and inclusion [more]
Laxman Pai, Opalesque Asia: According to Aon survey of institutional investors, while 42% of the respondents stated that the events of 2020 had not changed their thinking or approach to diverse asset manager investing, the majority (58% reported that the events of last year did make them more att
18 Mar. 2021 Germany: Alternative assets AUM jumps up nearly 40% in 3 years [more]
Laxman Pai, Opalesque Asia: The German alternatives industry has evolved significantly in recent years. Assets under management (AUM) increased from €59bn at the end of 2017 to €81bn as of June 2020 - a rise of nearly 40%, said Preqin. To put this growth into context, over the same period, the
17 Mar. 2021 PPS Global Equity Fund up 31.37% in its first year, AUM reaches $250m [more]
Opalesque Industry Update - Professional Provident Society Multi-Managers Proprietary Limited (PPS Multi-Managers), part of a mutual financial services company founded in 1941 in South Africa, has announced the first full-year performance of the PPS Global Equity Fund since launching on the Prescien
17 Mar. 2021 Hedge fund industry performance was broadly positive in February [more]
Opalesque Industry Update - Industry performance was broadly positive in February 2021 with 80% of products reporting to eVestment reporting gains during the month. While the average positive result was high (+4.51%), it has been surpassed by four other months in the course of the prior twelve.
17 Mar. 2021 Barclay CTA Index gains 1.76% in February [more]
Opalesque Industry Update - Managed futures funds posted a positive month in February gaining 1.76%, according to the Barclay CTA Index, compiled by BarclayHedge, a division of Backstop Solutions. For the year to date, CTAs returned 1.68% through the end of February. "Signs of economic recovery
17 Mar. 2021 Ares raises $3.7bn for the oversubscribed alternative credit fund [more]
Laxman Pai, Opalesque Asia: Global alternative investment manager Ares Management closed its Ares Pathfinder Fund at $3.7 billion. The alternative credit fund closed well above its fundraising target of $2 billion. Pathfinder is the team's flagship global Fund that invests in alternative credi
17 Mar. 2021 Global healthcare private equity buyouts posted record-setting volumes in 2020 [more]
Laxman Pai, Opalesque Asia: The number of global healthcare private equity deals rose to a record 380 last year, up 21% from 2019, even as the value of those deals fell 17% in that time, said a study. According to Bain's tenth annual Global Healthcare Private Equity and M&A Report, a glut of
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