SEI has launched The Advisors’ Inner Circle Fund (AIC) III with an eye towards helping managers of private funds enter the retail space. AIC III is the third series trust in the AIC platform that SEI first introduced over 20 years ago and was developed to
The Credit Suisse Liquid Alternative Beta (LAB) Index was down 0.94 per cent in January. The event driven strategy was the strongest performer for the month, finishing up 0.18 per cent in January. It was also the strongest performing
Almost two-thirds of fund groups (65 per cent) expect the use of performance fees on equity funds to rise again in 2011, according to research by Skandia Investment Group. The research, which is part of a broader study by SIG
RWC Partners will launch the RWC Macro Fund managed by Peter Allwright and Stuart Frost at the end of January 2011. The fund will be the first fund that RWC Partners will domicile in Ireland. Subject to approval it will
Eurex is to become the new majority shareholder in the European Energy Exchange (EEX). Eurex and Landesbank Baden-Württemberg (LBBW) agreed to the acquisition of LBBW’s 22.96 per cent share in the EEX by Eurex in December 2010. However, under the
Wood Creek Capital Management has announced the closing of its fourth investment vehicle, a USD300m fund, approximately doubling the firm’s committed assets under management.
Burford Capital has raised USD175m (GBP110m) to create the world’s largest dispute financier. The Guernsey closed-ended investment company is publicly traded on the London Stock Exchange’s Alternative Investment Market following from its initial public offering in October 2009. The company
The value of investment fund business in Guernsey grew by GBP18.9bn (8.4 per cent) during the third quarter of this year. The increase means that there have now been five consecutive quarters of growth and it has taken the net
US private equity major Kohlberg Kravis Roberts is reported to be interested in picking up a minority stake in Vijay Mallya’s United Spirits group, primarily by acquiring treasury stocks t
