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FBI raid Platinum Partners in new investigation…more reports of non-payment of redemptions
Posted: June 23, 2016
FBI and US Postal Inspection Service agents raided Platinum Partners’ Manhattan office on Wednesday morning. While further comment was [Read More]
Closing: Private Advisors winds down $1B fund of funds…Berry exits
Posted: June 23, 2016
Richmond, Virginia-based Private Advisors is unwinding its $1 billion low volatility hedge fund of funds due to recent performance [Read More]
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Sightings…
Posted: June 22, 2016
Tim Nguyen has been selected as the Rhode Island Employees’ Retirement System’s interim chief investment officer. He is the [Read More]
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Blackstone buys minority stake in Marathon
Posted: June 22, 2016
Blackstone Group has acquired a minority stake in Marathon Asset Management through its Strategic Capital Holdings Fund. Terms were [Read More]
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Hedge funds sue Puerto Rico government….sides remain far apart in restructuring talks
Posted: June 22, 2016
Following a breakdown of negotiation on restructuring debt, a group of hedge funds, including Jacana Holdings, Lex Claims, MPR Investors [Read More]
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