Hints and tips:
Related Special Reports
...There are signs the war for talent could cool, after some multi-manager hedge funds had a disappointing 2023. Rival macro hedge fund Brevan Howard cut roughly 100 jobs last month....
...Lawyers for Odey last year said the hedge fund manager “strenuously disputed” the first 13 women’s allegations reported by the FT....
...New Mountain bought a controlling stake in Citrin Cooperman in 2022 and has helped fund an acquisition spree that has swelled the accounting firm’s annual revenues to an estimated $700mn....
...Caesar will continue to lead Actis and its funds will continue to use the Actis brand....
...The Brevan Howard master fund gained 20 per cent in 2022, when macro funds thrived during a period of rapid interest rate rises....
...Renk, Galderma and Douglas, as well as Air Astana in the UK) although with mixed aftermarket performance, positive broader UK ECM activity and performance, and an improving overall equity fund flow picture...
...Private equity group Silver Lake, an investor in Manchester City’s parent group, raised its largest fund to date....
...Caxton’s Macro fund was down 9.2 per cent last year, while its flagship Global Investments fund lost about 1 per cent, investors said....
...We all froze, apart from Millstein, who calmly explained to the oligarch that he was in a room full of western fund managers with many billions to invest....
...She used Zhang’s name to obtain a St Kitts and Nevis passport in July 2017....
...US law firm Morrison Foerster helped recover stolen funds for UK-based Euler Finance, a cryptolending platform, after a $197mn cyber theft. It managed to retrieve all the funds in three weeks....
...Ruffer said at the time that there was “no connection between Crispin Odey and the running of or oversight of Ruffer LLP”....
...As a result, January 2024 saw a higher requirement to fund working capital plus certain exceptional costs that were not foreseen.”...
...In addition, the investment criteria for the innovative finance Isa will be expanded from peer-to-peer lending to include long-term asset funds and open-ended property funds with extended notice periods....
...Through that work, “S&C knew, or was in a position to know, that FTX was co-mingling customer assets”, the professors contended, referring to FTX founder Sam Bankman-Fried’s misuse of account holder funds...
Accounting firms, consultancies and other professional services take outside cash to fund growth
...Miln advised the UK government on the Future Fund, set up to help start-ups access capital during the pandemic, and helped to create a crisis task force after the collapse of Silicon Valley Bank....
...Harriet Agnew Hedge funds Millennium and Schonfeld in advanced partnership talks Are hedge fund pioneers facing the end of a golden era?...
...It would also encompass a material number of funds that invest in UK smaller companies....
...Sanderson Asset Management LLP reported profits of £2.2mn in the year to the end of March, down from £8.7mn the previous year, according to filings....
...The group now generates more than half its revenues in the US, said chair and co-founder Sir Alan Parker, who sold part of his stake in 2021 to BDT Capital Partners, a US fund run by Warren Buffett’s banker...
...Private credit funds had won the mandate when Carlyle was involved, but banks are keen to win the deal this time around as their appetite for risky lending rebounds....
...This has raised $3.6bn for its first such fund so far....
...BlueCrest — at one point one of the biggest hedge funds in the world — drew up the Partner Incentivisation Plan scheme to retain employees in a “highly competitive market”, the court said....
...But in December an international bondholder committee that included fund firms BlackRock and Amundi said that “no substantive engagement has taken place between Sri Lanka and its private creditors”....
International Edition