GAM Hedge Fund Outlook 2018 – Prefer CB Arb to L/S Credit

GAM_3a converted to JPEG

By Kier Boley, Chairperson of the GAM AIS Investment Committee   Alternative industry trends As we begin 2018, global asset prices have continued their inexorable grind higher. There is increasing unease from investors on the length and extent of the current rally, whilst central banks are increasingly on a rate tightening trajectory. As a result, […] Read more »

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

funds of funds lead article

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 »

Tages – Europe’s Largest HF Seeder – Gets A Capital Infusion from Trapani

By Hedge Fund Insight staff Francesco Trapani has acquired a 9% equity stake in Tages Holding by means of a dedicated capital increase, to be approved by Bank of Italy. Francesco Trapani, is the former CEO of the Italian jeweler and luxury goods retailer, Bulgari, and is credited with the turnaround of the business. Trapani acts as an advisor to […] Read more »

KKR Looks to Grow Prisma As Its Consolidated Hedge Fund Platform

By Hedge Fund Insight Staff Quoted PE behemoth KKR & Co LP is looking to significantly expand its hedge fund related businesses.  KKR  started in hedge funds by bringing over the 8-man equity strategies team from Goldman Sachs Principal Strategies Americas in mid 2011. Then last year KKR bought $8bn fund of hedge funds firm […] Read more »

Sciens Faces a Series of Challenges According to Fitch

By Manuel Arrive, Senior Director Fitch Ratings In  a review of the rating covering Sciens’s Fund of Hedge fund (FoHF) and Managed Account Platform (MAP), Sciens Fund of Funds Management Holdings Ltd. has been rated as having High Standards and with a stable outlook by Fitch Ratings. Sciens Capital Management LLC (SCM) began alternative asset […] Read more »