Blackstone to invest $200M in Phelps’ Tresidor

Blackstone Group is investing $200 million in London-based Michael Phelps’ Tresidor Investment Management. The multi-strategy European credit fund, which will [Read More]
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Seabrook sentenced to 58 months in prison

Norman Seabrook, who had been president of the Correction Officers’ Benevolent Association for 21 years, was convicted today for 58 [Read More]
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Texas County & District allocates $200M allocation to Chatham Asset Management

Texas County & District, which oversees $30 billion in assets, allocated $200 million on February 1 to Chatham Asset Management [Read More]
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Sears lives another day as judge approves sale to ESL Investments

After three days of hearings, Judge Robert Drain of US Bankruptcy Court for the Southern District of New York approved [Read More]
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Lyxor: Event driven stands out as outperforming strategy while macro/CTAs are underperforming

Those strategies that did poorly in December rebounded in January – long/short equity, relative value arbitrage – while those that [Read More]
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