Global alternative asset manager The Carlyle Group has raised USD1.38bn for energy credit investments. Carlyle Energy Mezzanine Opportunities Fund (CEMOF) primarily targets investments in projects and companies in the power generation and energy sectors requiring capital of USD20m to USD150m
On-going issues in the Eurozone and the looming US ‘fiscal cliff’ will create an uncertain environment for investors until the beginning of 2013, according to Marino Valensise, chief investment office at Baring Asset Management (Barings). However, Barings believes that improving
Dyal Capital Partners, a private equity fund managed by Neuberger Berman Group, has received USD1.28bn in client commitments to make minority investments in the management companies of established hedge fund firms. The fundraising effort exceeded Dyal’s goal of USD1bn. Investors
Wells Fargo Securities is rebranding Merlin Securities as Wells Fargo Prime Services. Additionally, its web-based suite of prime brokerage technology solutions known as MerlinPRIME, MerlinSHARP and Merlin COMPASS have been renamed Wells Fargo PRIME, Wells Fargo SHARP and Wells Fargo
Dutch hedge funds outperformed their global peers in the turbulent month of May. The Finles/IEX Dutch hedge fund index was down 1.3 per cent versus a loss of 2.8 per cent for the HFRX Global Hedge Fund Index and 3.0
Six alternative funds are being offered the chance to pitch to more than 200 institutional investors, funds of funds and high net worth individuals at the second Amsterdam Investors Forum (AIF), organised by ABN AMRO Clearing on 13 February 2013.
Deer Park Road’s flagship fund, STS Partners Fund, has closed to new investors. The fund, which focuses on deeply discounted, short-duration, high cash-flow mortgage-backed (MBS) and other asset-backed (ABS) securities, was started in May 2008 with USD17m of internal capital
Returns for the Credit Suisse Liquid Alternative Beta Indices suggest that hedge fund performance varied across strategies in June with overall performance relatively flat year-to-date. The Credit Suisse Liquid Alternative Beta Index generated slightly negative performance in June, falling 0.40
CYMBA Technologies, a provider of high-performance Multi Asset Class Investment Management solutions, has been awarded a prestigious ‘Gold Provider’ ranking in Financial IT’s annual Investment Management Technology Survey. Katherine Emirosan, Editor at RFP Connect, publisher of Financial IT, says: “CYMBA
Eurasia Capital, a Hong Kong-based investment bank, and MonBiz Media have launched the MonBiz Hong Kong Index, which includes Mongolia-related companies listed on the Hong Kong Stock Exchange. Mongolia possesses world class resources in copper, coal, gold, uranium and other
