Family offices, on average, allocate 9% to hedge funds

UBS/Campden Wealth’s just-released Global Family Office Report finds that the average family office saw their return on investments fall to [Read More]
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More bad news for Fortress Macro

Fortress Macro, which is down about 15% for the year, is being hit with redemptions from large investors as some [Read More]
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Fortress closing part of hedge fund unit

Fortress Investment Group is shutting down part of its hedge fund unit that makes investments in other hedge funds, reports [Read More]
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South Korea’s National Pension Service plans allocations to funds of funds

South Korea’s National Pension Service officially opened its Singapore office last Thursday – its third offshore investment office. The office [Read More]
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JPMorgan is close to selling Highbridge private equity business

JP Morgan Chase is close to finalizing a deal to sell the majority of its $22 billion private equity business [Read More]
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