By Kristina West – Until five years ago, there were still some perceived benefits for firms to build an in-house management company (ManCo), in terms of control and the assumption that using a third party might be perceived differently by investors.
By Kristina West – The Association of the Luxembourg Fund Industry (ALFI), the industry body for promoting Luxembourg’s fund sector internationally, has witnessed the establishment and growth of ManCos across many years.
Brummer & Partners’ flagship multi-strategy hedge fund vehicle ended last month in marginally positive territory, as solid gains made by its systematic trend-following managers were set against hefty losses in its fixed income relative value exposures, which were hit by
Absolute Investment Advisers (Absolute), a long-term client of the Apex Group (Apex), has closed its acquisition of Mohican Financial Management (Mohican). Absolute is the fund adviser to the Absolute Convertible Arbitrage Fund (ARBIX) while Mohican Financial has been the Fund’s
Trading Technologies International, (TT), a global provider of high-performance professional trading software, infrastructure and data solutions, is to be acquired by 7RIDGE, a specialised growth equity firm invested in transformative technologies. 7RIDGE will fuel Trading Technologies’ organic growth and enable
AFBI, a new quantitative multi-manager platform led by former Tudor and Millennium portfolio manager Pierre-Yves Guillo, has secured an anchor investment from alternative investment seeder New Holland Capital. Established in May this year, AFBI looks to generate uncorrelated returns across
CTAs and trend-following hedge funds have strengthened their returns as October draws to a close, with recent gains pushing the sub-sector’s year-to-date returns further into double-digit territory.
T Rowe Price Group is to acquire alternative credit manager purchase Oak Hill Advisors and certain other entities that have common ownership for a purchase price of up to approximately USD4.2 billion. USD3.3 billion is payable at closing, approximately 74
Eagle Point Credit Management (Eagle Point), a specialist investment manager focused on investing in CLO securities, portfolio debt securities and other credit investments, has held the final close of its Defensive Income Fund. The fund had an original target size
Dimensional Fund Advisors has appointed Jim Whittington as Head of Responsible Investment. Joe Chi, who will retire at the end of the year. Additionally, the firm named Lacey Huebel as Head of Responsible Investment, North America. Both appointments are effective
