Pamplona Capital Management has recruited Yves Leysen from Bear Stearns as a partner with responsibility for managing the Pamplona Credit Opportunity Fund, a multistrategy credit opportuni

Mitsubishi Corporation invested USD39m last month to acquire a 19.5 per cent stake in Aladdin Capital Holdings, an alternative investment manager specialising in fixed-income hedge funds a

London-listed alternative investment manager Man Group has agreed to acquire a 25 per cent stake in Nephila Capital, a specialist manager working with insurance-based instruments such as i

Sands Brothers Asset Management has announced the launch of the Genesis Merchant Partners fund, which provides asset-based and secured loans to companies that are unable to obtain credit f

Paulson & Co, the New York-based hedge fund manager that quadrupled its assets to USD30bn last year by betting on the collapse of the US sub-prime mortgage market, has bought 50 millio

The credit crunch, which is still in full flow, has left many seasoned investors praying for a miracle.

Pictet Asset Management, the institutional division of the Swiss private bank Pictet & Cie, has publicly launched the Pictet Water Opportunities Fund, a Cayman-domiciled investment com

LRG Capital Group, an investment, banking and advisory boutique, has established a strategic partnership with Greenwich, Connecticut-based Admiral Capital Management, to create the LRG Cap

Man Investments has launched a new investment management subsidiary specialising in financing environmentally-related projects, Man Environmental Capital Opportunities, which seeks to capi

Private equity specialist Carlyle Group has raised USD1.35bn for Carlyle Strategic Partners II, its second distressed debt and corporate opportunities fund, following the closing of its fi