02/02/2012
Today: Goldman Sachs unit to take Altana Wealth stake; TPG Capital's proposed GlobeOp acquisition its first British finance deal since 2008; SS&C takes PD Capital on as client; Stenham AM hires
risk head; and more...
02/02/2012
Stenham Asset Management, the $2.7bn fund of hedge funds (FoHF) manager, has hired a new head of risk management and quantitative research.
02/02/2012
Strategic Value Partners (SVP), an investment firm with a focus on distressed, event driven and turnaround strategies, is closing the Strategic Value Special Situations Fund II (SVSS II) at $918m.
01/02/2012
GlobeOp’s £508m ($800.5m) takeover by private equity firm TPG is not yet a done deal, with less than half of the fund administrator’s shareholders definitely behind the agreement,
HFMWeek has learned.
01/02/2012
Fund administrator SS&C has acquired PD Capital Management as a client after a four-week conversion from another provider, HFMWeek can exclusively reveal.
01/02/2012
Swiss asset manager Unigestion, who has $12.7bn in AuM, has appointed a new head of hedge funds following the departure late last year of former chief Philippe Gougenheim, the firm announced
Wednesday.
01/02/2012
The assets held by sovereign wealth funds (SWFs) climbed to a record $4.8trn in 2011, up for the third year running, though allocations to the hedge fund space fell by 1%, according to
TheCityUK’s report Sovereign Wealth Funds 2012.
01/02/2012
Two of London’s leading hedge fund lawyers, Tim Pearce and Ian Meade, have left Simmons & Simmons for rival Akin Gump Strauss Hauer & Feld.
01/02/2012
Notz, Stucki & Cie, the Geneva-based asset management firm with $7.5bn under management, has chosen Manama, Bahrain as the location for its regional headquarters for the Middle East.
01/02/2012
EU policy makers have massively overestimated the inherent risk of hedge funds as an asset class in its Solvency II insurance legislation, new research suggests.