Pendragon shutting down

Pendragon Event Driven Fund is closing down by year-end despite the fund being up 5.5% this year through the end [Read More]
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As Dec 1 deadline approaches, NYCERS urges managers to find equitable solution to Puerto Rico crisis

Trustees of the New York City Employees’ Retirement System sent a letter to hedge fund managers and distressed debt managers [Read More]
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Bloomberg’s list of largest multi-family offices

  Firm AUA ($B) Number of Families HSBC Private Bank 160.0 334 Citi Private Bank 107.3 NA Northern Trust 106.1 [Read More]
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Morningstar: Liquid alts continue to have inflows…managed futures strongest in October

Morningstar’s asset flow report shows that most categories had outflows in October except for liquid alts and municipal bonds. Liquid [Read More]
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Virginia Commonwealth University creates management company

Virginia Commonwealth University has created its own management company to provide investment management services to the university and its affiliates [Read More]
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