Summit Partners has raised a USD520m credit fund to address the borrowing needs of growing middle-market companies. This brings Summit’s total equity and credit capital base to nearly USD15bn. The fund will be run in Boston by managing directors Todd

Azad Zangana, European Economist at Schroders, on the Bank of England’s decision to leave interest rates at 0.5%… The Bank of England’s Monetary Policy Committee decided to leave interest rates at the record low level 0.5%, and its asset purchase

Gain Capital has reported net income of USD4.4m, or USD0.11 per share, and adjusted net income of USD5.0m, or USD0.13 per share, for the second quarter ended 30 June 30 2012, on net revenue of USD45.7m. “Our strong sequential revenues

At a hedge fund conference in Zurich this week, a panel of three investment managers: Julian Jacobsen, Managing Director FPP Asset Management; Max von Bismarck (pictured), Managing Partner and CEO for SkyBridge Capital’s international operations; and Adriano Agosti, Chairman and

Fund administration company Apex Fund Services has opened an office in San Francisco. The ongoing expansion of the Apex Global Network around concentrations of fund managers meant San Francisco was the logical choice to base its West coast business development

The sixth Jax Coco Hedge Fund Fight Nite, which featured seven bouts between members of the Hong Kong hedge fund community, raised over HKD500,000 for charity. Approximately 550 guests attended the black-tie event to support the fighters and to lend

The Credit Suisse Liquid Alternative Beta Index was up 0.96 per cent in July, according to Jordan Drachman, head of research for alternative beta strategies at Credit Suisse. Drachman says: "The Credit Suisse Liquid Alternative Beta Index (CSLAB), which aims

After building up market expectations to near euphoric levels, ECB President Mario Draghi failed to deliver the policy to back up his promises of “doing whatever it takes to save the Euro”, says Azad Zangana (pictured), European economist at Schroders…

Paul Mumford (pictured), Senior Investment Manager of Cavendish Asset Management (CAM), the specialist long only active equity fund manager, believes that now is the time for investors to consider taking a more positive approach to equity investing… I was quite

Swiss bank UBS is to shed 10,00 jobs worldwide over the next three years as it overhauls its investment banking operations. The cuts, which amount to some 16 per cent of the bank’s current worldwide workforce of 64,000, are aimed