Wellfleet Credit Partners, the credit business of private investment firm Littlejohn & Co, has closed a USD457.8 million collateralised loan obligation (CLO), Wellfleet CLO 2017-1, the fourth CLO issuance for the firm. Benefitting from supportive market conditions and investor receptivity,
HSBC Securities Services (HSS) has been mandated as custodian and fund services provider by US-based asset manager DoubleLine Capital for its new Luxembourg UCITS umbrella. The new umbrella has initially launched with two sub funds, with potential further sub funds
The European Energy Exchange (EEX), part of Deutsche Börse Group, has closed on its acquisition of Nodal Exchange. Through this acquisition, EEX Group enters the North American energy trading markets, thereby expanding its global presence and membership base in line
Cohen & Steers is to launch the Cohen & Steers SICAV Global Preferred Securities Fund as part of its Luxembourg UCITS platform on 15 May 2017. Cohen & Steers has been investing in the preferreds market for more than a
The global hedge fund industry returned an average of +0.86 per cent in June and finished up the second quarter at +2.09 per cent, according to the June/2Q 2016 eVestment Hedge Fund Performance Report. The overall positive returns for hedge
Total assets managed by the top 100 alternative investment managers globally reached USD3.6 trillion in 2015, up 3 per cent on the prior year, according to research produced by Willis Towers Watson. The Global Alternatives Survey, which covers ten asset
Farallon Capital Management has completed fundraising for Farallon Asia Special Situations III and Farallon Asia Special Situations Master III, an Asia and Latin America focused private investment pool, with aggregate commitments of USD1.12 billion. "We are very excited to begin
HIG Bayside Capital, a credit affiliate of HIG Capital, has held the first close of IDeA CCR (Corporate Credit Recovery) I Fund, an investment platform managed by IDeA Capital Funds SGR (IDeA), at EUR260 million. The fund, which comprises two
One of the clearest messages that came out of CAIS 2017 was that the world is changing in innumerable ways that have the capacity to shock and destabilise. One only has to refer recently, to Brexit and the outcome of
The alternatives industry has a duty to not only defy gravity and deliver strong returns, but to do so in a way that can genuinely change the world for the better, inspiring the next generation of star managers and investors.
