Hedge fund launches exceeded liquidations in 4Q 2017 for the second consecutive quarter, and fees are at record lows, as total hedge fund industry capital began 2018 at a record $3.21 trillion, according to the latest report released by HFR Market Microstructure Report.
The HFRI Fund Weighted Composite Index declined by -1.84% for the month of February 2018, ending a 15-month streak of positive performance, though it is still in positive territory through the first two months of the year. All four of the main strategy indexes also posted declines for the month.
Private Client Resources has inked a partnership with AltaReturn to streamline accounting and reporting operations for single and multi-family offices, according to the two companies in a press release.
Hedge fund Corvex Management LP kicked off its to Energen Corp. this week with the activist investor nominating four candidates to the oil and gas producer’s board of directors as it pushes for a sale of the company.
Institutional investment firm Pacific Alternative Asset Management Co. (PAAMCO) is giving institutional investors like pension funds a new way to bet on stocks with big hedge fund managers.
Rothschild Asset Management has launched a long/short market neutral fund in partnership with French boutique Perdurance Asset Management, according to an article in Citywire.
The private debt industry has grown AUM three-fold in the last ten years, according to new data from Preqin, hitting a record last year of $638 billion despite increased distributions to investors in recent years.
Booming investor confidence drove net sales of equity-oriented UCITS funds to a record in November, according to the most recent data from the European Fund and Asset Management Association, as total UCITS/AIF assets reached €15.66 trillion.