KKR Addresses Its Mis-Step In Acquiring Prisma Through PAAMCO Deal

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By Hedge Fund Insight staff It was announced today that PAAMCO and KKR Prisma are to form a Strategic Partnership to create a new liquid alternatives investment firm. As PAAMCO has been fiercely independent and Prisma was acquired by Private Equity giant KKR in 2012 to give growth to its’ liquid alternatives business this has […] Read more »

Marshall Wace Partners Cut Deal with KKR for Liquidity and Distribution

By Hedge Fund Insight staff   KKR, the quoted alternatives firm, and Marshall Wace LLP, one of London’s largest and longest-established hedge fund firms, today announced a long-term strategic partnership. Under the terms of the agreement, KKR will acquire at closing a 24.9% interest in Marshall Wace through a combination of cash and common units. […] Read more »

How European Alts Managers Can Target The Market for ’40 Act Funds

By Philip Masterson, Senior Vice President and Managing Director at SEI Investment Manager Services   The $15.7 trillion United States mutual fund market represents a huge opportunity, in theory, for enterprising European alternative investment managers to bring differentiated strategies to an investor base thirsty for new ideas and solutions. These investors range from sophisticated institutions, […] Read more »

Graphic of the Day – Top Strategic Priorities of Hedge Fund Management Companies

By Hedge Fund Insight staff Asked the question “which two or three are the most important strategic priorities to your firm?” hedge fund management companies gave this collective response: source: Ernst & Young 2013 global hedge fund and investor survey   While growth is clearly the top priority of the CEOs running hedge fund management […] Read more »