Ted A. Berenblum has been named head of alternative investments for BNY Mellon Wealth Management, reporting to chief investment officer Leo P. Grohowski.

A hedge fund focusing on Russia and the former Soviet Union, Da Vinci CIS Private Sector Growth Fund, has become the first listing on the Specialist Fund Market, the London Stock Exchange’s new market

Global Infrastructure Partners, an independent fund manager backed by Credit Suisse and General Electric that invests in infrastructure assets worldwide, has completed fundraising for its

Dubai-based Istithmar World Capital, the private equity and alternative investment arm of the Gulf emirate’s state investment business Istithmar World, has agreed to acquire a majority sta

Asia Debt Management Hong Kong, an investment advisor specialising in distressed debt, has announced the launch of ADM Maculus Fund V, a five-year private equity-style fund that has closed

Greg Coffey, GLG Partners’ star emerging markets fund manager, has walked away from a handsome fortune in share options and other bonus payments to start his own business.

Freed from past regulatory constraints on foreign investments and driven by a desire for diversification and higher returns, Canadian pension schemes, endowments and foundations are buying

Independent placement agent C.P.

Oaks, Pennsylvania-based SEI has passed the USD100bn mark in alternative investment assets under administration, bringing worldwide total assets administered by the firm to more than USD42

Forty per cent of fund managers worldwide have diversified into long-only funds and 30 per cent into alternatives over the last three years, causing convergence between investment strategi