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Kohlberg Kravis Roberts and Premier Natural Resources have formed a partnership to pursue investments in oil and gas properties in North America.
The relationship between KKR and PNR dates back to 2008 when they first worked together to evaluate investments in the oil and gas sector.
In 2009, PNR assisted KKR in evaluating its investment in East Resources, a privately owned oil and natural gas exploration and development company with operations in Appalachia’s Marcellus shale region.
“We are always looking to partner with exceptional management teams and PNR has exactly what we look for: a long and successful history
Partners Capital, a London and Boston based private investment office, has appointed Ethan Hall as director of research and Sean Farrell as an investment principal.
Hall was previously head of investment research at Centaur Financial Services, a USD100m fund management company he founded in 1995, which manages individually tailored portfolios for high net worth individuals and institutions.
Prior to founding Centaur Financial Services, Hall was a management consultant for Bain.
Farrell joins the team from 3i Quoted Private Equity, a 3i Group business which invests in public companies through negotiated transactions.
Prior to joining 3i, Farrell was a director
The DMX – Directional Markets Index heads the list of investable Alternative Investment Indices with a return of 0.18 per cent in February.
The indices are provided by Alternative-Index and listed on the Vienna Stock Exchange.
The DMX outperformed the American equity index S&P 500 for the month to date by 2.74 per cent and the German stock index DAX 30 by 1.18 per cent.
Since the beginning of the year the outperformance of the DMX against the S&P 500 is 4.19 per cent, and 5.95 per cent against the DAX30.
The best performing sector for the DMX was
Peak Ridge Capital, an alternative asset management firm, has added Gary King as a senior strategic adviser to the firm.
King (pictured) will primarily be responsible for assisting Peak Ridge in the continuing expansion of its alternative investments platform.
King has more than two decades of international experience across the energy and financial sectors, working for companies such as Neste Oy, Morgan Stanley, Emirates National Oil Company and Macquarie Bank.
He is a pioneer in the Middle East private equity sector and was instrumental in developing the Standard Bank/GIB GCC Energy Fund – the first fund established in the GCC
The concerns about Eurozone markets are being reflected in the actions of hedge funds and investors, an expert has asserted.
Butterfield Fulcrum, an administrator for the alternative investment industry, has appointed Mark Boyes as director of business development.
He is based in London and reports to Joost Lobler, Butterfield Fulcrum’s head of business development for EMEA and APAC.
Boyes will be responsible for identifying and developing strategic partnerships to help strengthen and expand Butterfield Fulcrum’s client base throughout Europe and its surrounding emerging markets.
Akshaya Bhargava (pictured), chief executive of Butterfield Fulcrum, says: “Mark is well-suited to help further leverage our tremendous growth in the EMEA region. He brings more than 15 years experience in the offshore financial services
The HFRX China Index posted a record performance gain of 50.4 per cent in 2009, as emerging Asian financial markets led the global equity market recovery from losses experienced during the financial crisis of 2008, according to data from Hedge Fund Research.
Investors allocated new capital cautiously despite strong gains for the year, with total capital in Asian hedge fund industry increasing to USD76.3bn, the highest level since the third quarter of 2008.
Despite inflows in 2H09, investors withdrew nearly USD11bn from Asian hedge funds in 2009, but these withdrawals were offset by a performance-based increase in assets under management