Hints and tips:
...Multi-manager hedge fund Freestone Grove Partners, led by a former Citadel portfolio manager, launched with $3.5bn last week, according to one person with knowledge of the matter....
...FTX rebranded LedgerPrime’s crypto futures platform as FTX US Derivatives LLC and said the remaining business would become a family office making investments solely for Alameda Research....
...“Every time you turned around, they were raising funds,” says Greg Bohlen, co-founder of Union Grove Venture Partners, a previous investor in Tiger Global....
...“Google is making a very long-term investment here,” said Mr Harrison....
...Kleiner, which sold some shares, said it was up 80 times on its private investments based on last week’s closing price. Union Grove Venture Partners said it was up about 50 times....
...Obstacles for international buyers include government authorisation for all foreign investment. It is also common for a Tahitian house to have several owners, all of whom must agree to the sale....
...veteran Patrick Grove....
...Then, last week, Man said it had struck a deal with Merrill Lynch Alternative Investments — an arm of the US investment bank owned by Bank of America — to buy a fund of hedge funds portfolio made up of $1.2bn...
...Jim Carolan is head of US Real Estate at Withers Bergman; Christopher Groves is a wealth planning partner at Withers LLP...
...His book ‘Time to Start Thinking: America and the Spectre of Descent’ is published on April 3 by Grove Atlantic in the US and Little, Brown in the UK. This essay is not an excerpt....
...The €5m island has sandy beaches with coconut palm groves, perfect to pitch a tent on and enjoy the quietness of the island life....
...On a recent January afternoon a picturesque beach called Playa Ventanas – a favourite with locals – was empty except for one family playing soccer and a few people in hammocks hung amid palm groves....
...JC Flowers was joined in bidding for the stake by Grove International Partners, a property private equity group....
...“The world of money is a funny one,” says Andrew Baker, deputy chairman of the London-based Alternative Investment Management Association, which represents the hedge fund industry....
...The consortium bidding for the HRE stake includes Shinsei Bank and Grove International Partners....
...The company, floated by former cricketer Phil Edmonds and mining entrepreneur Andrew Groves, rose a further 32.7 per cent to 99.5p....
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