News by subject: Hedge Fund

Against a backdrop of elevated interest rates, hedge funds led by new managers are responding to pressure to outperform, according to the 2023 edition of The Seward & Kissel New Manager Hedge Fund Study. Produced annually by the leading law firm to...

Hazeltree, a leader in active treasury and intelligent operations technology for the alternative asset industry, today announced the appointment of Paul Gallant as its Chief Product Officer (CPO). Paul brings more than 20 years of experience building...

Compass Group Equity Partners, a St. Louis-based private equity firm, has successfully closed Compass Group Fund III, hitting a hard cap of $408 million. This marks the firm's second fundraising effort in the past two years and was achieved through a...

Blackstone announced today that Thomas R. Nides, former long-time Vice Chairman of Morgan Stanley, Deputy Secretary of State, and Ambassador to Israel has joined the firm as Vice Chairman, Strategy and Client Relations. In this new role, Mr. Nides...

Otterbourg P.C. announced today that Michael Rich has been promoted to Member of the Firm, effective January 1, 2024. Mr. Rich began his career at Otterbourg and has been an associate in the firm's Banking and Finance Department for the past eight...

KKR & Co. Inc. announced today that it plans to release its financial results for the fourth quarter 2023 on Tuesday, February 6, 2024, before the opening of trading on the New York Stock Exchange. A conference call to discuss KKR's financial...

Today, KKR, a leading global investment firm, unveiled "KKR Alternatives Unlocked," a digital platform designed to empower financial advisors and their clients to better understand the alternatives investing landscape. The platform features a variety...

Diversified Healthcare Trust today announced its financial results for the quarter ended September 30, 2023, which can be found at the Quarterly Reports section of DHC's website at...

Wilshire, a leading global financial services firm, has entered into a definitive agreement to acquire Lyxor Asset Management Inc. ("Lyxor U.S."), a U.S.-based investment advisor with $20.8 billion in assets under management1, from Amundi, the...

Snapper Creek Energy ("Snapper Creek"), an innovative data-driven commodity brokerage specializing in traditional, renewable, and transitional energy markets, today announced the launch of its business. The Snapper Creek platform is comprised of...

KKR, a leading global investment firm, announced today that it has agreed to invest in Precipart (the "Company"), a leading contract manufacturer of precision components for the medical device and aerospace industries. KKR plans to support the...

The Association of Asian American Investment Managers (AAAIM) today released a study of AAPI-owned funds with a spotlight on assets under management (AUM) and performance. The study found substantial AAPI underrepresentation at the ownership level ?...

CONAM Multifamily Partners Fund III, a discretionary fund sponsored by The CONAM Group (CONAM), is pleased to announce the purchase of Arise Craig Ranch, a 270-unit Class A multi-family community in McKinney, Texas, one of Dallas' fastest-growing...

First Trust Advisors L.P. ("FTA") announces the declaration of the Monthly distribution for First Trust Enhanced Short Maturity ETF, a series of First Trust Exchange-Traded Fund IV. The following dates apply to today's distribution declaration:...

Blackstone today announced that, upon close of the previously announced transaction through which private equity funds managed by Blackstone ("Blackstone") will acquire a majority stake in Emerson's Climate Technologies business, Ross B. Shuster...

Origin Credit Advisers LLC (OCA), an investment adviser registered with the SEC and a newly formed affiliate of multifamily real estate fund manager Origin Investments, is launching the Origin Strategic Credit Fund, an open-ended fund designed to...

AEGIS Swap Execution Facility ("AEGIS SEF") today provided multiple updates on financial counterparty participation, February trading activity, and new approvals in Canada. AEGIS SEF now has 15 financial counterparties ("Dealers") and nearly 300...

Heelstone Renewable Energy, LLC ("Heelstone") is pleased to announce that in the fourth quarter of 2022 it closed on a $175 million credit facility with BlackRock Alternatives ("BlackRock"), through a fund managed by its Infrastructure Debt business,...

Coliseum Capital Partners, L.P. ("Coliseum"), the largest stockholder of Purple Innovation, Inc. ("Purple"), announced today that it has nominated five candidates for election to Purple's seven member Board of Directors at the company's 2023 Annual...

Catalio Capital Management, LP ("Catalio"), a leading multi-strategy life sciences investment firm with more than $1 billion in assets under management, today announced the launch of its dedicated public equities hedge fund investment strategy...

Ancora Holdings Group, LLC (together with its affiliates, "Ancora" or we") today issued the below statement regarding Hasbro, Inc.'s ("Hasbro" or the "Company") announcement that it has initiated a sale process for its eOne TV and film business....

HighBrook Investors ("HighBrook"), a deep value-oriented real estate firm investing in Europe and the US, today announced the closing of its most recent fund, HighBrook Property Fund IV (the "Fund" or "Fund IV"). The oversubscribed Fund closed...

ETF Managers Group, LLC (ETFMG) announced today that the Board of Trustees of the ETF Managers Trust has decided to close the ETFMG 2x Daily Inverse Alternative Harvest ETF (MJIN) based on an ongoing review of market demand. Effective immediately,...

The InfraCap Equity Income Fund ETF (the "Fund" or "ICAP") has declared a monthly distribution of $0.175 per share ($2.10 per share on an annualized basis). The distribution will be paid on October 28, 2022, to shareholders of record as of the close...

Rokos Capital Management (RCM) has been using the ActiveViam's Atoti+ solution since 2019 and it is an important component of RCM's IT landscape. "We started the journey with ActiveViam three years ago and we are looking forward to continuing our...

Cadre, the leading technology-driven real estate investment platform, has launched its latest investment offering, the Cadre Horizon Fund. The Cadre Horizon Fund builds on Cadre's exceptional track record (~28% realized net IRR) and will enable an...

CAIS, the leading alternative investment marketplace for independent financial advisors, today announced the final agenda for its inaugural Alternative Investment Summit, which will take place October 17 to 19, 2022 at the Beverly Hilton in Los...

CAIS, the leading alternative investment platform, today announced its collaboration with Ares Wealth Management Solutions ("AWMS") to onboard select Ares Management ("Ares") alternative investment strategies and expand their reach to a broader...

Teucrium Trading, LLC, the Sponsor of agricultural futures-based ETFs, today announced that the 2021 Schedule K-3(s) reflecting items of international tax relevance are available online. Unitholders requiring this information may access their...

Ares Management Corporation ("Ares") announced today that James Kim has joined Ares as a Partner and Head of European Special Opportunities in Ares' Private Equity Group. Based in London, Mr. Kim will lead Ares' Special Opportunities activities in...

Easterly Asset Management is pleased to announce the launch of three collective investment trusts (CITs) to better serve growing client demand in the institutional retirement market. The three CITs are: Easterly Small Cap Value CIT; Easterly...

First Eagle Investments ("First Eagle") today announced the launch of the First Eagle US Smid Cap Opportunity Fund (A-Share Class: FEMAX; I-Share Class: FESMX; R6-Share Class: FEXRX). The Fund seeks the long-term growth of capital by...

Northlight Capital Partners LLC, an opportunistic real estate credit fund manager, is pleased to announce that it has acquired the remaining assets from the bankrupt estate of Verano Recovery LLC for approximately $20 million. Acquired assets include...

The Trustees of The Putnam Funds declared the following distributions.   Ex Date Regular Distribution Per Share Fund Record Date Pay Date Class B Class C Class M Class R Class Y Class R5 Class R6 Class R3 Class R4...

Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. as of June 30, 2022 is now available via www.arespublicfunds.com. About Ares Dynamic Credit Allocation...

AEGIS Hedging Solutions ("AEGIS") today announced that its application to form a registered Swap Execution Facility ("SEF") has received final approval from the Commodity Futures Trading Commission (CFTC). AEGIS SEF, a regulated subsidiary of AEGIS,...

PolySign, Inc., a financial technology company providing blockchain-enabled digital asset infrastructure for institutional investors, today announces the close of its $53M Series C funding round with participation by Cowen Digital, Brevan Howard, GSR...

SureFire Capital, a family office specializing in alternative investments and founded by CEO Ariel Shlien, announced the most recent performance for SureFire Multi-Strat, LP, which achieved +22.1% in April 2022 and an estimated +10% in May 2022 amid...

Despite significant challenges in the hedge fund industry in 2021, such as the GameStop short squeeze, insurance companies still allocated nearly $1 billion to new hedge fund investments in 2021, according to a new AM Best report. In its Best's...

AEGIS Hedging Solutions ("AEGIS") today announced that its application to form a registered Swap Execution Facility ("SEF") has entered the final phase of approval. AEGIS SEF, a regulated subsidiary of AEGIS, will operate in compliance with rules...

Harbor Capital Advisors, Inc. ("Harbor"), today announced that it is adding to its exchange-traded fund (ETF) lineup, bringing a new active and fully transparent Harbor International Compounders ETF (OSEA) to market in early September, upon...

Eagle Life Insurance Company®, a provider of fixed and fixed index annuities, has announced several enhancements designed to broaden diversification options and boost growth opportunities on its fixed index annuity portfolio. New indices and rider...

Ares Management Corporation ("Ares"), a leading global alternative investment manager, announced today the launch of Ares Private Markets Fund (the "Fund"), a new registered, continuously offered, non-traded, closed-end fund that intends to invest...

Camden Property Trust (the "Company") announced today the acquisition of all outstanding partnership interests in its two discretionary investment funds from Teacher Retirement System of Texas ("TRS") effective April 1, 2022. The assets involved in...

New York- and London-based HealthTech venture firm Eckuity has invested in Mobius Biomedical, a development-stage company designing disruptive new technology and processes for lower cost, next-generation biologics manufacturing. Despite their...

Camden Property Trust (the "Company") announced today the planned acquisition of all outstanding partnership interests in its two discretionary investment funds (the "Funds") from Teacher Retirement System of Texas ("TRS"). The purchase price is...

Seven Hills Realty Trust today announced that it has entered into an agreement for a $125 million master repurchase facility with Wells Fargo Bank, National Association ("Wells Fargo"), which SEVN may use to leverage its commercial mortgage loan...

Harbor Capital Advisors, Inc. ("Harbor"), today announced that it is partnering with Westfield Capital Management Company, L.P. ("Westfield") to launch the Harbor Dividend Growth Leaders ETF (GDIV). The existing Westfield Capital Dividend Growth...

Palladius Capital Management ("Palladius"), a vertically-integrated real estate investment manager focused on pursuing multifamily, student housing, hospitality and select thematic investment strategies, today announced the launch of Palladius Real...

InTandem Capital Partners, LLC ("InTandem"), a healthcare services focused private equity firm, today announced the closing of a supplemental private equity investment fund, InTandem Capital Opportunities Fund, LP (the "Fund"), at the hard cap of...