The era of the baby boomer – a loosely defined term, but usually understood to encompass those born during the post-World War II baby boom between 1946 and the early 1960s – is coming to a
Troubled hedge fund Absolute Capital Management has closed one of its hedge funds and its office in Mallorca as poor performance and a big loss for the year cast a shadow over the firm’s e
Prime minister Manmohan Singh won a vote of confidence in India’s parliament yesterday with a comfortable margin.
Yesterday, a former Bear Stearns hedge fund manager opened her own firm with nearly USD1bn in assets.
Switzerland-based alternative asset manager Partners Group has reported that its estimated net assets under management grew by CHF1bn to CHF25.4bn over the first half of the year, while di
Yorkville Advisors, a private investment firm that specialises in structured finance and direct investments, has expanded its operations to Athens and Tokyo through a joint venture with Ax
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
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