FINalternatives
'Goldfinger' Firm Mulls Metals Hedge Fund
-
ASA Gold and Precious Metals may get into the hedge fund business, more than 50 years after it started to trade gold-linked securities.CEO David Christensen said that the firm is mulling the launch of a flexible long/short hedge fund that would invest in metals and mining stocks, derivatives and physical markets.
No Blockbusters At Sohn Conference
-
Those expecting the earth-shattering and market-remaking from yesterday's Ira Sohn Investment Research Conference will have to wait another year.
Goldman Hedge Fund To Double Money On Facebook IPO
-
Goldman Sachs' largest internal hedge fund is set to sell a chunk of its Facebook shares at a very tidy profit, indeed.
Third Point Boosts Yahoo! Stake
-
With two scalps and three board seats a Yahoo! already in hand, Third Point is stuffing some more stock in its pockets.
Report: Fund Of Funds FRM Courted By Buyer
-
Amidst word that Gottex Fund Management would buy Hong Kong-based Penjing Asset Management and that Kohlberg Kravis Roberts is in talks to acquire a stake in Prisma Capital Management comes news that Financial Risk Management may be on the move, as well.
HSBC Seeks To Build Asia Prime Brokerage In China
-
When it comes to building its prime brokerage business, the Hongkong and Shanghai Banking Corp.—better known as HSBC—isn't looking too far afield.
Ohio Pension Adds Comac To $3 Billion Hedge Fund Spend
-
The Ohio Public Employees Retirement Systems continues to spend its new $3 billion hedge fund allocation.
Prosecutors, Gupta Lawyers Fight Over Impending Trial
-
With less than a week to go before trial, prosecutors and Rajat Gupta's lawyers continue to spar over what a jury will and will not be allowed to hear.
Thiel Changes Tune On College
-
It seems that Peter Thiel doesn't always think a pricey college education is such a bad thing.
Hedge Fund Manager In Seattle Arena Deal
-
Hedge fund manager Chris Hansen is a step closer to his dream of bringing professional basketball back to his hometown, Seattle.
Philadelphia Financial Expands Distribution Network
-
Philadelphia Financial Group, a leader in the ultra-high net worth private placement insurance market, has expanded its network of distributors.
Prisma In Talks To Sell Stake To KKR
-
Private equity giant Kohlberg Kravis Roberts may buy its way into the fund of hedge funds business.KKR is in talks with Prisma Capital Partners about buying a stake in the New York-based firm. It is unclear how large a stake KKR is seeking in the ongoing talks, or whether a deal was imminent.
Gottex Acquires Hong Kong Fund Of Funds Penjing
-
Gottex Fund Management has agreed to buy a Hong Kong fund of hedge funds, nearly doubling its assets in Asia at a stroke.
Carlyle Profit Drops As Firm Plans 11 New Funds
-
The Carlyle Group's first quarterly report as a public company was a forgettable one, indeed.
Contractor Charged With Stealing From Citadel
-
A New York City contractor has been charged with ripping off Citadel Investment Group to the tune of $1.2 million.