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SoftBank agrees to buy Fortress for $3.3B in cash
Posted: February 15, 2017
SoftBank Group has agreed to buy Fortress Investment Group for $3.3 billion, its first major investment in an asset manager. [Read More]
Rob Turner buys Woods’ stake in Taylor Woods …new firm called Madava Asset Management
Posted: February 14, 2017
Following a 14% loss last year, Trevor Woods and George Taylor are splitting up. ArcLight Capital Partners founder Robb Turner [Read More]
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Sightings….
Posted: February 13, 2017
Steven Mnuchin was confirmed as Treasury Secretary today by a 53-47 vote along party lines. All 52 Republicans voted [Read More]
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Performance Round-Up: Hedge funds off to a strong start
Posted: February 10, 2017
Hedge funds posted their best January in four years, according to HFR statistics. The HFRI fund weighted index climbed 1.2% [Read More]
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Launches: DeepBlue Global Investment, Light Sky Macro, Blackstone Strategic Alliance Fund III
Posted: February 10, 2017
Han Tongli‘s DeepBlue Global Investment is planning two fixed income funds in Q1. According to Bloomberg News, three strategic investors [Read More]
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