Incisive Views from Professionals
By Hedge Fund Insight staff In 1994 the Cayman Islands Monetary Authority introduced a registration regime for mutual funds established on the islands. Many Cayman Islands mutual funds are offshore versions of domestic (US) hedge funds (LLPs). As the concept of hedge fund strategies was adopted elsewhere Cayman became the global offshore hub. Twenty […] Read more »
By Vincent Sarullo, Tower Fund Services, and Hedge Fund Insight staff AUM is the lifeblood of the investment management business and competition for assets is fierce. To grow AUM can be the single most difficult aspect of running a hedge fund business. Most small hedge funds are operated by former portfolio managers, traders or […] Read more »
By Hedge Fund Insight staff Coatue Management, L.L.C. has joined China’s leading search engine, Baidu, and global investment firm KKR in investing $170m in Uxin Used Car, China’s largest online used car auction company. Philippe Laffont’s Coatue is a privately-owned hedge fund firm that invests in public and private equity markets focusing on the […] Read more »
By Diane Harrison, principal of Panegyric Marketing Every year, Preqin publishes their annual review of the hedge fund industry, 120-plus pages of comprehensive data and analyses providing a detailed look at the industry’s make up. According their website, Preqin is the alternative assets industry’s leading source of data and intelligence. Our products and services […] Read more »
By Steve Nadel (lead author), Partner Seward & Kissel Investment Management Group Introduction & Key Findings Driven by our ongoing commitment to understanding the dynamics of the hedge fund marketplace, each year Seward & Kissel conducts The Seward & Kissel New Hedge Fund Study of newly-formed hedge funds sponsored by new U.S.-based managers entering […] Read more »
By Peter M. Lupoff, Chief Investment Officer of Tiburon Capital Management, LLC Existing angst about deteriorating credit quality, low absolute yields and increasingly lax covenants has been reinforced by fresh worries about the proximity of Federal Reserve rate hikes and the impact of last year’s dramatic decline in oil. The fact that energy and […] Read more »
From Fitch Ratings Man Group plc’s (Man) solid performance in 2014 shows that recent acquisitions have increased the diversification of Man’s earnings and distribution base in a still challenging environment for alternative investment fund management, Last week’s announcement of the planned acquisition of NewSmith LLP, a small London-based equity investment manager, is likely to reinforce […] Read more »
By Gary Jenkins, Chief Credit Strategist at LNG Capital On Friday night it was announced that Greece had secured a four month extension to its bailout and thus the headlines screamed that a Grexit had been averted and that the Eurozone was saved. Well, maybe. First of all the Greek government has to […] Read more »
By Brian Schneider and Matthew Noll of Fitch Ratings The expansion of alternative capital sources within the reinsurance market is likely to contribute to lower returns on equity across the reinsurance sector and sustain the market’s M&A wave, particularly among Bermudan firms, says Fitch Ratings. Alternative sources of capital push the sector’s capitalization levels […] Read more »
From Merrill Datasite/MergerMarket Related article: Visium On M&A – Treasury Dept Regs, Mega-Mergers, PE And M&A Outlook (Dec 2014) Read more »