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HELPCENTER
25 Jun. 2024 Bobby Jain raises $5.3 billion for new hedge fund [more]
Bailey McCann, Opalesque New York: Bobby Jain's multistrategy hedge fund is set to launch on July 1 with at least $5.3 billion, according to reporting from Bloomberg. Known investors include Abu Dhabi Investment Authority and bank wealth platforms including Morgan Stanley, Goldman Sachs G
25 Jun. 2024 H.I.G Capital closes infrastructure fund on $1.3 billion [more]
Bailey McCann, Opalesque New York: H.I.G. Capital has closed H.I.G. Infrastructure Partners at $1.3 billion. H.I.G. Infrastructure Partners seeks to make control-oriented, infrastructure equity investments focused on the middle market segment, leveraging H.I.G.'s focus on the middle market a
24 Jun. 2024 Carlyle launches global private markets strategy [more]
Opalesque Industry Update - Global investment firm Carlyle today announced the launch of a new evergreen private equity strategy, Carlyle AlpInvest Private Markets SICAV, offering investors worldwide - except the US - access to a global portfolio of private markets investments by leveraging Carlyle&
24 Jun. 2024 2023 seed investments were nearly as likely to be made in illiquid strategies as in liquid products [more]
Opalesque Industry Update, for New Managers - Seed investments in hedge funds, private equity funds, private credit funds, and other investment vehicles continued to generate significant deal volume in 2023, according
24 Jun. 2024 Boston Partners global long/short fund changes platform, gets new early-bird share class [more]
Opalesque Industry Update - Boston Partners, a provider of value equity investment products with $103.1bn in assets under management, has transferred its Boston Partners Global Long/Short Fund to the FundRock trading platform. This strategic move, effective June 4, 2024, will also see the Fund trans
24 Jun. 2024 TradeFlow's commodity trade finance fund enters 7th year [more]
Opalesque Industry Update - TradeFlow Capital Management, a global manager of alternative trade finance solutions, announces the continued success of its USD Trade Flow Fund as it enters the 7th year of generating strong and stable returns. Since its inception, the Fund has grown steadily, bu
24 Jun. 2024 CoinShares gains from FTX resolution [more]
Opalesque Industry Update - CoinShares International Limited, a European investment company specialising in digital assets, has sold its FTX claim. The agreement, signed on June 24 and subject to customary closing conditions, will yield a recovery rate of 116% net of broker fees, resulting in a retu
24 Jun. 2024 Global emerging markets lead hedge fund industry gains as geopolitical risk surges, AUM increases [more]
Matthias Knab, Opalesque: HFRI EM Global gains accelerate, led by Asia, India; HFR Cryptocurrency Index extends YTD surge to 35% through May Emerging Markets hedge funds gains accelerated through mid-2Q, leading industry-wide regional performance with contributions across regions as alrea
21 Jun. 2024 Ogier Global gains Luxembourg fund admin licence [more]
Opalesque Industry Update - Ogier Global, Ogier's corporate and fiduciary services division, announced that it has been granted a fund administration licence by the Commission de Surveillance du Secteur Financier (CSSF). The achievement marks a significant milestone, allowing Ogier Global to
21 Jun. 2024 Hedge funds showed positive performance across most strategies in May 2024 [more]
Laxman Pai, Opalesque Asia: Hedge funds showed positive performance across most strategies, with a weighted average return of 1.7% for May. Fixed income arbitrage strategies led the category with a 2.7% return, according to data from asset servicer Citco. Hedge funds also experienced further
20 Jun. 2024 Millennials and Gen Z allocate three times more to alternative investments than older generations [more]
Opalesque Industry Update - High-net-worth individuals believe U.S. stocks offer the best opportunities for growing assets, but that conviction is less held by younger investors finds the 2024 Bank of America Private Bank Study of Wealthy Americans. Millennials and Gen Z are increasingly looking
20 Jun. 2024 Kinderhook Industries racks up $2.75bn for oversubscribed eighth fund [more]
Laxman Pai, Opalesque Asia: American private investment firm announced the final closing of Kinderhook Capital Fund 8 with total capital commitments of $2.75 billion, inclusive of $250 million in commitments from the general partner and its operating partner network. Kinderhook's investor
20 Jun. 2024 SEC Marketing Rule: performance advertising remains challenging [more]
B. G., Opalesque Geneva: In its recently released Marketing Rule Snapshot Report, US law firm Seward & Kissel finds that the most affected area of advertising for investment advisers is performance communication. The SEC's adoption of the new Marketing Rule in
19 Jun. 2024 Hamilton Lane wraps up its sixth secondaries fund at $5.6bn [more]
Laxman Pai, Opalesque Asia: Hamilton Lane has closed its largest-ever fund, tapping investors for $5.6bn in commitments for its latest secondaries vehicle. The fundraising, the biggest in the firm's history, saw strong support from a diverse group of new and existing investors with the fun
18 Jun. 2024 APAC deal activity declined 9.9% YoY [more]
Laxman Pai, Opalesque Asia: A total of 5,655 deals were announced in the Asia-Pacific (APAC) region during January-May 2024, which was a decline of 9.9% compared to the 6,274 deals announced during the same period in the previous year, said a study. Deals are comprising of mergers & acquisitio
17 Jun. 2024 Fujitsu begins impact investing [more]
Opalesque Industry Update - Fujitsu Limited announced that it has expanded the investment scope of the Corporate Venture Capital (CVC) fund managed by Fujitsu Ventures Limited to begin impact investing, in which Fujitsu will invest in companies that are taking on the challenge of solving social issu
17 Jun. 2024 Castle Ridge rolls out AI Multi-Strategy [more]
Laxman Pai, Opalesque Asia: Castle Ridge Asset Management, an Artificial Intelligence (AI)-driven hedge fund manager has announced the launch of its AI Multi-Strategy. The Strategy is powered by WALLACE, Castle Ridge's proprietary AI platform, said a media release from the Toronto-based hedge
17 Jun. 2024 With 19,642 deals, global deal activity declines 19.6% YoY [more]
Laxman Pai, Opalesque Asia: According to a study, a total of 19,642 deals comprising mergers & acquisitions (M&A), private equity, and venture financing were announced globally during January-May 2024, which is a decline of 19.6% compared to the announcement of 24,441 deals announced during Janua
17 Jun. 2024 SEC says JAG Advisors "lied about nearly every aspect" of their fund [more]
Matthias Knab, Opalesque: The Securities and Exchange Commission today charged Joshua Goltry and his investment management firm, JAG Capital Advisors LLC (JAG Advisors), in connection with a three-year scheme to defraud investors of at least $3 million. According to the SEC's complaint, f
17 Jun. 2024 SEC charges Twenty Acre Capital for misrepresenting fund returns using data from a single fund investor [more]
Matthias Knab, Opalesque for New Managers: On June 14, 2024, the Securities and Exchange Commission charged Twenty Acre Capital LP, a registered investment adviser based in Pennsylvania, with presenting misleading p
14 Jun. 2024 SEC obtains final judgment against Bellatorum Resources and its CEO Christopher Bentley [more]
Opalesque Industry Update - On May 30, 2024, the U.S. District Court for the Southern District of Texas, Houston Division, entered a final judgment against Bellatorum Resources, LLC and its CEO, Christopher R. Bentley of Tomball, Texas. As alleged in the SEC's complaint filed on August 16, 2022
14 Jun. 2024 Global investment advisers capitalize on private markets' appetite [more]
Laxman Pai, Opalesque Asia: The investment appetite for private markets surges as 70 percent of advisers plan to raise clients' allocations to the asset class. More than 90% of global investment advisors allocate client capital to private markets and virtually all of them (99%) plan to allocat
13 Jun. 2024 Foresite Capital racks up $900m for VC fund which bets on AI to aid biotech plays [more]
Laxman Pai, Opalesque Asia: Venture capital biotech player Foresite Capital has locked down $900 million for its latest vehicle. Foresite Capital Fund VI marks the largest single-fund raise for the multi-stage healthcare and life sciences investment firm. It comes as top biotech startups have
12 Jun. 2024 Partners Group racks up over $15bn for fifth direct private equity fund [more]
Laxman Pai, Opalesque Asia: The global private markets firm Partners Group closed its fifth direct private equity program, Partners Group Direct Equity V, with total commitments above its target of $15 billion. The Fund targets four thematic areas: technology, health and life, goods and produ
12 Jun. 2024 Anson Funds Management and Anson Advisors Charged by SEC for Disclosure and Compliance Failures [more]
Matthias Knab, Opalesque: The U.S. Securities and Exchange Commission has charged investment advisers Anson Funds Management, LP and Anson Advisors, Inc. for failing to properly disclose their investment strategy of working with activist short sellers and for related compliance failures. Acc
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