Featured Story

Tudor, Brevan Howard Said To Ditch MiFID II Licenses In Favor Of AIFMD

Aug 15 2017 | 12:18am ET

The U.K. affiliate of alternative investment manager Tudor Investment Corp. and London-based Brevan Howard Asset Management have reportedly dropped licenses under the EU’s revamped Markets in Financial Instruments Directive (MiFID II) and have opted for registration under the less onerous Alternative Investment Managers Directive.

 

The Daily Alpha

Real Talk with Brian Tortorella of Smith Graham

Jul 21 2017 | 11:16am ET

This morning, we sit down with Brian Tortorella of Smith Graham to discuss the state of the alternatives industry.

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Latest News

S&P Global Intelligence: Hedge Funds Exit Consumer Discretionary Stocks

Aug 16 2017 | 11:19pm ET

Hedge funds broadly exited the consumer discretionary sector during the second quarter of 2017, according to the latest edition of S&P Global Market Intelligence’s Hedge Fund Tracker report, and also sold off healthcare and information technology stocks.

HFR Interim Update: Hedge Funds Give Up Ground Through Mid-August

Aug 16 2017 | 10:25pm ET

Hedge funds have given up some ground so far in August, according to a flash update from Hedge Fund Research, as equity markets slip, the dollar rises and asset volatility increased around geopolitical tension and valuation concerns.

GBP Capital Taps Bollinger To Manage New Healthcare Strategy

Aug 16 2017 | 10:11pm ET

GPB Capital has recruited veteran healthcare specialist and former Integrity Healthcare Advisors CEO Dotty Bollinger to manage its new healthcare strategy.

Mountaingate Capital Raises $395M For Debut Lower Middle Market PE Fund

Aug 16 2017 | 6:01pm ET

Denver-based private equity company Mountaingate Capital has raised $395 million in capital commitments for its inaugural lower middle market buyout fund, easily surpassing its $300 million target.

FIRSTavenue Names Tehranian To Key U.S. Project Management Post

Aug 16 2017 | 5:27pm ET

Global private placement specialist FIRSTavenue has named former Meketa Investment Group executive Chris Tehranian as principal and head of U.S. project management.

BarclayHedge Survey: 36% Of Managers Offer Low- or No-Fee Alternatives To Investors

Aug 16 2017 | 5:14pm ET

More than a third of hedge fund managers currently offer reduced or no-fee alternatives to their investors, according to a new survey from BarclayHedge, and a further 20% plan to do so in the next three to six months.

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In Depth

Q&A: Rotation Capital's Rothfleisch On SPAC 2.0

Aug 11 2017 | 7:43pm ET

Corporate actions have long been a staple of event-driven investors, but activity levels can rise and fall with the credit cycle and make late-stage investing more daunting. Indeed, notes Rotation Capital CEO Matt Rothfleisch, “winter is coming”…and investors should adapt to incipient changes in market conditions accordingly. We recently caught up with Matt to hear his thoughts on investment approach, the revitalized SPAC market, opportunities in distressed instruments, and the general market outlook.   

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Matt RothfleischMatt Rothfleisch
 
 

Guest Contributor

Star Mountain: Private Lending in the Lower Middle-Market

Aug 14 2017 | 4:45pm ET

Private credit has become one of the most popular alternative asset classes in recent years due to persistently low yields, but much of the attention has been given to larger, more established borrowers. Meanwhile, companies in the lower middle-market, says Star Mountain Capital’s Brett Hickey in this contributed article, offer private debt investors the best of several worlds: a rich origination environment, attractive risk-adjusted returns, and much lower leverage ratios (and thus default risk) than is typically assumed. 

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Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered Financial Analyst exams will need to add a series of computer and data science topics to the body of knowledge they need to know in order to earn one of the industry's most selective designations.

The move comes as the fintech sector booms and quantitative investment models, algorithmic trading and alternative data sets play increasingly prominent roles in the asset management industry.     

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FINtech

Synechron: The 'Power of 3' Approach To Fintech

Mar 2 2017 | 10:08pm ET

As the fintech space expands and matures, financial services firms are increasingly turning to one-stop-shops that combine the best of start-up innovation in areas like blockchain with process, design and technology development capabilities that can all wrap together in pursuit of broad, strategic goals. The key, according to the team at New York-based Synechron, is what the company terms the "Power of 3" - being agile enough to meet the changing needs of clients, continually investing in R&D, and yet still being large enough to scale any global project.

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From The Archives

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 5:43pm ET

By definition, alternative investments include exotic assets far beyond your typical equity and debt securities, and fund managers are increasingly interested in the attractive - and largely uncorrelated - investment characteristics of such things as artwork, classic cars, and as Emily Lane of Elan Fine Instruments explains in this in-depth article, rare instruments such as violins. 

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Emily LaneEmily Lane
 
 

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