Blackstone to invest $200M in Phelps’ Tresidor
Posted: February 11, 2019
Blackstone Group is investing $200 million in London-based Michael Phelps’ Tresidor Investment Management. The multi-strategy European credit fund, which will [Read More]
Seabrook sentenced to 58 months in prison
Posted: February 8, 2019
Norman Seabrook, who had been president of the Correction Officers’ Benevolent Association for 21 years, was convicted today for 58 [Read More]
Texas County & District allocates $200M allocation to Chatham Asset Management
Posted: February 8, 2019

Texas County & District, which oversees $30 billion in assets, allocated $200 million on February 1 to Chatham Asset Management [Read More]
Sears lives another day as judge approves sale to ESL Investments
Posted: February 7, 2019
After three days of hearings, Judge Robert Drain of US Bankruptcy Court for the Southern District of New York approved [Read More]
Lyxor: Event driven stands out as outperforming strategy while macro/CTAs are underperforming
Posted: February 6, 2019

Those strategies that did poorly in December rebounded in January – long/short equity, relative value arbitrage – while those that [Read More]