Cairn to acquire and merge with Bybrook Capital as Mediobanca expands alternative asset management

London-based Cairn Capital, a unit of Italy’s Mediobanca, has agreed to buy London-based Bybrook Capital, a distressed debt/special situation fund [Read More]
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Florida State Board allocates $1.55B to 7 managers in Strategic Investment category

In its Q4 2020 New Manager Report, Florida State Board of Administration disclosed it had made $1.55 billion in commitments [Read More]
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Silver surges to 8-year high on Reddit retail buying

Following on their success in pushing up GameStop, AMC and other heavily shorted stocks last week, Reddit retail buyers are [Read More]
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Greylock files for bankruptcy protection

Greylock Capital Associates, which has been hit with heavy investor withdrawals due to three consecutive years of losses, has filed [Read More]
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Sightings….

Maria Bjorklund was named AP3’s head of the alternative investments group, effective February 1. Bjorklund, who is currently the portfolio [Read More]
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