Monthly Archives: January 2020
Despite a dip in volume and value, North America dominated venture capital funding activity in Q4 2019
(Opalesque) North America continued to attract the highest number of venture capital (VC) investments and funding during the fourth quarter (Q4) of 2019 though the region experienced a dip in investments. According to a report by GlobalData, North America experienced […]
SFC issues guidance to private equity firms and family offices on licensing issues
(Opalesque) In recent years, the Hong Kong Securities and Futures Commission (SFC) has increasingly focused on private equity funds’ obligation to be licensed under the Securities and Futures Ordinance (SFO). To read this article:
AMS investors approve capital increase to fund Osram takeover
(Reuters) – AMS (AMS.S) shareholders approved a 1.7 billion euros ($1.9 billion) capital increase to fund the Osram (OSRn.DE) takeover on Friday, bringing the Austrian group closer to its goal of forming a European leader in sensors and lights. To […]
Over $63 Million to Be Returned to Investors in Alleged Real Estate Investment Fraud
(HedgeCo.Net) The Securities and Exchange Commission today announced that it has obtained a court order authorizing the distribution of over $63 million to investors in connection with a previously filed action. This amount represents the full return of funds to […]
Trend followers maintain momentum with early-year gains
(Hedgeweek) Société Générale’s CTA indices advanced between 2.5 and 3.5 per cent in the first three weeks of January, as managed futures strategies locked on to early-year trends in equity markets, currencies, and commodities. To read this article:
Hedge fund lose 3% of assets through outflows in 2019, much less than long equity
(Opalesque) The global hedge fund industry saw outflows of -$97.93 billion in 2019, according to the just-released December/Year-End 2019 eVestment Hedge Fund Asset Flows report. Despite these redemptions, total hedge fund industry AUM rose past $3.3 trillion at the end […]
Hedge fund ESG activism helps managers drive change
(Opalesque) Nearly three-quarters of asset managers polled by Cerulli Associates in 2019 indicate that they exercise active ownership as part of their investment decision-making process to minimize risks and maximize returns, up from 54% in 2017. To read this article:
Wynnchurch Capital amasses nearly $2.3bn for the fifth fund
(Opalesque) Chicago-headquartered Wynnchurch Capital closed its fifth private equity fund, Wynnchurch Capital Partners V, reaching its hard cap of $2.3 billion in capital commitments. To read this article:
Activist hedge fund Elliott sells stakes in Hyundai Motor companies
(Reuters) Elliott Management sold all its shares in Hyundai Motor Group companies last year after it was thwarted in its campaign for huge special dividends and board seats, South Korean media reported. The U.S. activist hedge fund was not among […]
Hedge fund HG Vora wants Tegna to consider a sale or merger
(Reuters) – Another large investor in Tegna Inc (TGNA.N) wants the U.S. regional TV station operator to pursue a merger or sale, arguing a tie-up could be very valuable at a time the industry is facing a wave of consolidation, […]
Pound extends gains as rate cut bets melt
(Reuters) – The pound extended gains on Thursday, building on the one-month high it reached against the euro in the previous session, as data this week reduced market expectations of a central bank rate cut as early as next week. […]
Cayman Gears Up for Significant Fund Regulation Changes
(AlphaWeek) January in the Cayman Islands saw the launch of the Cayman Government’s much-anticipated response to the continued drive to act decisively on EU and international recommendations by planning the introduction of bespoke, sector specic new requirements for the registration […]