News by subject: Hedge Fund

Applied Research today announced that Amira Strasser will lead as part of the investment team, effective January 21. Strasser, who founded the firm in 2016, will continue to serve as CEO. The move will provide long-term leadership continuity for the...

iConnections, the investment industry's leading capital introductions platform, today announced a distinguished lineup of speakers and content spanning the alternatives industry for its Global Alternative Investment Conference 2022. The in-person...

Office Properties Income Trust today announced that the characterization of dividends for 2021 income tax reporting purposes is as follows: Common Shares     Dividend Allocation     Per Share     Section...

Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") announced the declaration of its distribution for the month of January 2022 of $0.0975 per common share, payable as noted below. The following dates apply to the declared distribution:...

Seaport Capital ("Seaport") today announced that it successfully closed Seaport Capital Partners VI, L.P. ("Fund VI"), a $240 million private equity fund, which had a final closing in December. Fund VI will continue Seaport's 25-year investment...

Board members and company executives can be held liable for an increasing range of scenarios. Today's market volatility, with the increased threat of asset bubbles and inflation, the prospect of a growing number of insolvencies due to the pandemic...

Nautic Partners LLC ("Nautic"), a leading middle-market private equity firm focused on investments in the healthcare, industrials, and services sectors, and Blackstone today jointly announced a new partnership in which funds managed by Blackstone GP...

SureFire Capital, a family office specializing in alternative investments, debuted its innovative structure for investors in SureFire Multi-Strat, LP, which achieved a +24% year-to-date 2021 return including +15.6% in October and +28.4% annualized....

ACA Group ("ACA") and Foreside Financial Group, LLC ("Foreside"), two of the leading providers of governance, risk, and compliance (GRC) solutions to clients in the financial services industry, announced that they have signed a definitive agreement...

Summit Partners, a leading global growth equity investor, today announced the addition of J.D. Mullin to the firm's Executive-in-Residence ("EIR") program. In this role, J.D. will work closely with Summit's technology team to identify new investment...

Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis, today announced its portfolio company Len The Plumber (LTP), a leading full-service residential plumbing company headquartered in Baltimore, Maryland, with branches...

FullSpeed Automotive, one of the nation's largest franchisors and operators of automotive aftermarket repair facilities, announced today that it completed the acquisition of three quick lube and automotive service centers last week, bringing its...

Foreside Financial Group, LLC (Foreside), a provider of governance, risk management, and compliance (GRC) solutions and technology offerings to clients in the global asset and wealth management industry, today announced it has bolstered its private...

Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. as of August 31, 2021 is now available via www.arespublicfunds.com. About Ares Dynamic Credit Allocation...

First Eagle Investment Management, LLC ("First Eagle") is pleased to mark the one-year anniversary of the First Eagle Credit Opportunities Fund (Ticker: FECRX). The Fund seeks to provide current income with a focus on delivering strong risk-adjusted...

CAIS, the leading alternative investment platform, today announced it has won the 2021 WealthManagement.com Industry Award for Alternative Investment Platform. The award was issued as part of the 2021 WealthManagement.com Industry Awards (the...

Blackstone announced today that its wholly-owned portfolio company Transmission Developers Inc. (TDI), was selected by the New York State Energy Research and Development Authority , as part of an extensive RFP process, to deliver clean, renewable...

Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") announced the declaration of its distribution for the month of September 2021 of $0.0975 per common share, payable as noted below. The following dates apply to the declared distribution:...

Dynamo Software, a premier provider of comprehensive cloud software for the alternative investment management industry, today announced its entry into a definitive agreement providing for a strategic growth investment from funds managed by Blackstone...

Yieldstreet, a leading digital investing platform driven to help millions of people claim financial independence by unlocking access to previously unattainable alternative investments, and its subsidiary Athena Art Finance, today unveiled a more than...

MiddleGround Capital, a Kentucky-based, middle market private equity firm that makes control investments in B2B industrial and specialty distribution companies, announced it has held final closes on its flagship fund MiddleGround Partners II, LP and...

First Trust Intermediate Duration Preferred & Income Fund (the "Fund") has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.1275 per share payable on August 16, 2021, to shareholders of record as of...

FlexTrade Systems (@FlexTrade), a global leader in multi-asset execution and order management systems, today announced that new quantitative trading client, Dark Forest Technologies, is now live on the firm's OEMS platform - FlexONE. Dark Forest, a...

FullSpeed Automotive, one of the nation's largest franchisors and operators of automotive aftermarket repair facilities, announced today that it completed the acquisition of 25 quick lube and automotive service centers in the Dallas-Ft. Worth market....

The Gabelli Value Plus+ Trust ("GVP" or the "Trust") was launched in 2015 as a uniquely defensive, absolute return-focused, fund differentiated by its benchmark agnostic Private Market Value with a Catalysttm investment approach. In the midst of...

Ares Management Corporation ("Ares") announced today that its subsidiary has completed its previously disclosed acquisition of Landmark Partners, LLC (collectively with its subsidiaries, "Landmark"), one of the largest and most experienced investors...

KKR Income Opportunities Fund (the "Fund") today announced that it will hold an investor update call on May 17th, 2021 at 1:00pm ET. Terry Ing and Aaron Dalrymple will host the call and provide market color and portfolio updates for the first...

JTC Group, an award-winning provider of fund, corporate and private client services to institutional and private clients, announced its 2020 full year results. The London Stock Exchange listed public company reported a 15.9% increase in total revenue...

In this article, among four equity indices, the largest mutual fund and the largest hedge fund, we search for the highest cumulative return from March 2020 to March 2021. We use the newest technical feature of AlternativeSoft platform, "Compare...

Wealthspring Capital ("Wealthspring") continues to strengthen its foothold in the special purpose acquisition companies ("SPACs") space with the launch of its second SPAC product and debut hedge fund offering, Fountain Opportunities, LP. Fountain...

Wells Fargo & Company today issued the following statement: "We had a prime brokerage relationship with Archegos. We were well collateralized at all times over the last week and no longer have any exposure. We did not experience losses related to...

Anchor: We compare 1094 US hedge funds with 621 US Growth mutual funds and found that the mutual funds drastically outperformed the best equity long short hedge funds. 1094 US Long Short Hedge Funds and 621 US Growth Mutual Funds had assets under...

Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") announced the declaration of its distribution for the month of March 2021 of $0.0975 per common share, payable as noted below. The following dates apply to the declared distribution: Ex-Date:...

Kroll Bond Rating Agency (KBRA) assigns BBB Issuer ratings to three multi-strategy hedge funds: Kensington Global Strategies Ltd (KGSF), Kensington Global Strategies Fund II (KGSF II), Ltd, and Citadel Wellington LLC (Wellington), and a BBB Senior...

KKR & Co. Inc. announced today that Robert Lewin, Chief Financial Officer, will present at the Credit Suisse 22nd Annual Financial Services Forum 2021 on Thursday, February 25, 2021 at 9:40AM ET. A live audio webcast of the presentation will be...

Land & Buildings Investment Management, LLC (together with its affiliates, "Land & Buildings") today issued the following letter to shareholders of Monmouth Real Estate Investment Corporation ("Monmouth" or the "Company") regarding the Company's...

Axonic Capital, New York-based structured credit and systematic fixed income specialist with $3.7B in assets under management, announced that Peter Carey, Head of Business Development, will join the firm's Partnership. Mr. Carey joined Axonic in May...

GAMCO Investors, Inc., announces that analyst and portfolio manager Hendi Susanto will join the portfolio management team of the GAMCO International SICAV ? All Cap Value sub fund, a UCITS III Vehicle, effective January 1, 2021. Commenting on the...

Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. as of November 30, 2020 is now available via www.arespublicfunds.com. About Ares Dynamic Credit...

Jadian Capital, an alternative investment firm with a broad mandate to uncover opportunities related to real estate, announced today the closing of its first fund, Jadian Real Estate Fund I, ("JREF I" or the "Fund") with over $650 million of...

Blackstone today announced the final close of the second vintage of its long-hold private equity strategy, Blackstone Core Equity Partners (BCEP II). BCEP II was oversubscribed and closed at its hard cap of $8 billion, which is more than 70 percent...

Crescent Capital Group LP, a leading alternative asset management firm, announced today that its European Specialty Lending strategy has provided unitranche financing to support the acquisition of Spy Alarms by Phoenix Equity Partners. Crescent has...

Saba Capital Management, L.P. and certain associated parties (collectively "Saba") today announced that it has reached an agreement with Pioneer Floating Rate Trust (the "Fund"). Under the terms of the agreement, the Fund will commence a cash...

Regulatory News: Transgene (Paris:TNG), a biotech company that designs and develops virus-based immunotherapies for the treatment of cancer, announces that it has raised $22.2 million (? 19 million) from the sale of 10.3 million shares of its...

First Pacific Advisors, LP ("FPA"), and Bragg Financial Advisors, Inc. ("Bragg"), advisor to the Queens Road Funds ("Queens Road"), have reached an agreement for FPA to oversee and market the Queens Road Funds and related institutional separate...

Strategic Partners, Blackstone's secondary and fund solutions business, announced today the final close on $3.75 billion for Strategic Partners Infrastructure III L.P. and its related committed program vehicles (collectively, "SP Infrastructure...

DWS, one of the world's leading asset managers, announced today that a sustainable investments private equity fund advised by the firm has invested $23 million USD in International Environment Group Limited (IEG). IEG is a leading environmental...

Global fixed income exchange-traded funds (ETFs) grew 30% in the past twelve months, driven by increased investor appetite for liquid, transparent, and efficient access to the bond market. 1 Fixed income ETF assets under management (AUM) ended June...

Voya Prime Rate Trust (the "Fund"), today reported the results of the shareholder vote from its annual meeting which have been certified by the Independent Inspector of Election. The certified results show that shareholders voted to elect Peter...

Gregg Fisher, portfolio manager and factor investing pioneer, today announced the launch of Quent Capital, the second investment firm founded by Fisher. Quent Capital will be based in New York City and will focus on a global small cap long/short...