Hedge fund sponsor Capital Z Investment Partners has announced completion of a management buyout together with Paine & Partners, a San Francisco- and New York-based private equity firm
Revere Capital Advisors, the London and New York-based boutique emerging hedge fund manager specialist, has launched its portfolio of early-stage hedge funds, the REM Founders Fund. For several years, Revere has employed an investment process that seeks to identify hedge
StatPro Group, a provider of cloud-based portfolio analytics and asset pricing services for the global asset management industry, has made two new senior appointments and announced a new divisional structure for its Canadian operations. In alignment with the Group’s strategic
The Securities and Exchange Commission has filed a complaint against two individuals and six entities under their control over an alleged USD30m hedge fund fraud and obtained a temporary r
Driven principally by demand from investors for greater transparency and liquidity of their investments, the growth of investment in hedge fund strategies through managed accounts continues t
The SS&C GlobeOp Forward Redemption Indicator for February 2013 measured 3.96 per cent, up from 2.04 per cent in January. "Year-to-date February redemption notices fall well below average over the index history," says Bill Stone, chairman and chief executive officer,
Amid the vigorous growth of the global private equity industry over the past few years, one of the most striking developments is the emergence of private equity as a significant asset class in the
Lee Ainslie’s Maverick Capital made roughly 50 per cent of its 2007 returns by shorting financial stocks, but the firm expects the sector to reverse course this year.
Hedgebay Trading’s February index has revealed the first trade above NAV on the hedge fund secondary market in almost two years. The premium trade, which took place at 102 per cent of the hedge fund share’s value, is the clearest
IGEFI, a provider of multi-jurisdictional, single-platform fund administration software, has rebranded as Multifonds. Oded Weiss, chief executive, says: "Multifonds is the name of our core product and is the name that our customers are most familiar with. As we continue
