Affiliated Managers Group (AMG) is to acquire an equity interest in Garda Capital Partners. After the closing of the transaction, the senior partners of Garda will continue to hold a majority of the equity of the business and direct the
Man Group has entered into a series of transactions with Hutchinson Investors, managed by the Baupost Group, to sell the residual exposure to the Lehman estates that it acquired in July 2011 from certain GLG managed funds. The total consideration
The automotive sector is revving up interest with fund managers such as Paris-based Charles-Henri Neme, whose EUR400million Exane Funds 1 – Ceres A fund is targeting automotive stocks to increase cyclical exposure and piggyback on emerging market growth trends reported
IFG Trust and Corporate Group has acquired Jersey-based Moore Group. This is the first acquisition since the group’s MBO in July this year when it separated from IFG Group Plc. Growth is one of the group’s main objectives and the
The Eurekahedge Hedge Fund Index was up 1.13 per cent in April, supported by the global equities which advanced on encouraging economic data and accommodative central bank policies. Positive earnings surprises helped renew investors’ optimism in the global equity market,
Commonfund Capital has held the closing of its second secondaries fund, Commonfund Capital Secondary Partners II with USD450 million of capital commitments sourced from investors including endowments, foundations, pension plans, insurance pools and family offices. The total raised is more
SEA Asset Management (SEA AM), a boutique fund manager based in Singapore, and Seahawk Investments based in Eschborn, Germany, have formed a fund distribution partnership. The collaboration of the two firms brings together the capabilities and services required to successfully
Hedge funds gained an average of 1.26 per cent in April, the fourth consecutive month of positive returns, following a five-month string of aggregate declines closing out 2018, according to the latest eVestment April 2019 hedge fund performance data. Year
Liquidnet, a global institutional investment network, has acquired RSRCHXchange, a marketplace and aggregator for institutional research. Liquidnet will now be able to deliver relevant, actionable insights directly to investment teams through the Liquidnet platform. Following its acquisition of OTAS Technologies
Alternative strategies within a Ucits framework continued to see improving demand in the third quarter, with growth in both the number of funds and assets under management, according to the Alceda Quarterly Ucits review produced by independent structuring specialist Alceda
