Closing: Pine River flagship fund

Pine River Capital Management is shutting down Pine River Fund, its flagship fund, due to heavier than expected investor redemptions, [Read More]
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University of California and Dartmouth endowments reach record asset levels

  University of California’s endowment gained 15.1% in FY2017, well exceeding its 12.1% benchmark. The gains pushed endowment assets over [Read More]
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Hendry closes Eclectica Asset Management

After 15 years, Hugh Hendry is shutting down Eclectica Asset Management. The flagship fund dropped 9.4% year-to-date with assets shrinking [Read More]
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Side letter study shows sharp increase in deals with newer managers

  Seward & Kissel’s study of the hedge fund industry’s use of side letters – special agreements between hedge fund [Read More]
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Sightings….

  Trey Parker has been promoted to co-chief investment officer of Dallas-based Highland Capital Management, joining Highland co-founder Mark Okada [Read More]
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