All Alternatives articles – Page 178
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News
AP7 alternative manager search enters final stage
SWEDEN- The e2.3bn AP7 default fund’s search for private equity and hedge fund of fund investment managers enters the final stage next week when it begins interviewing a final shortlist of ten potential candidates.
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Features
The outlook for private equity
Only a few months ago, European venture capitalists were becoming increasingly gloomy about the prospect of an economic upturn. The starkest evidence was provided in August in the UK in Deloitte & Touche’s third-quarter Private Equity Confidence Survey. Of the 770 venture capitalists surveyed, 80% of respondents expected the UK ...
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News
AMJPE to run £20m Greater Manchester venture fund
UK – The Greater Manchester Pension Fund (GMPF) is to create a new £20m venture capital for investment in local business with Aberdeen Murray Johnstone Private Equity (AMJPE) winning the tender to act as advisors to the fund....
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News
Antici to head Goldman's emerging markets team
UK - Gabriella Antici is to relocate from Brazil to London in the New Year to become head of the global emerging market equity team at Goldman Sachs Asset Management...
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News
Reuters report reveals fears over Myners review
UK – The potential introduction of single fee structures and an end to “soft commissions” is the hottest subject among fund managers thrown up by the Myners review of institutional investment, claims research undertaken by Reuters into the review’s impact on the fund management and financial industries....
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News
Zurich grooms replacement for CFO Gose
Zurich Financial Services Group has promoted Thomas Buess, currently CFO Zurich North America, to become deputy chief financial officer with a view to replacing Gunter Gose as the group’s CFO on his retirement in mid 2002....
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News
Lack of knowledge deters hedge fund investment
GLOBAL – A lack of knowledge and understanding of how hedge funds work is deterring investors from using alternative investments to diversify their portfolios or reduce volatility, says Baring Asset Management (BAM)....
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News
Parallel in Spanish venture capital tie-up
SPAIN/UK – London based private equity investment managers, Parallel Ventures Managers (Parallel), has moved into the Spanish market with the announcement of a new link-up with Spanish private equity investment and advisory firm, Excel Partners....
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News
Europe's pension providers need to get aggressive
EUROPE –European pension providers need to be more aggressive if they are to reap the rewards of the growth in the market brought on by the switch from public to private retirement provision, warn Goldman Sachs (GS) and Deloitte Consulting (Deloitte) in a new report....
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News
AMEX announces new fund of hedge funds
US/SWITZERLAND – American Express Bank (AEB) has launched its third fund of hedge funds, the global market neutral conservative fund of funds portfolio....
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News
Kvalheim to head Barclays' investment banking arm
UK - Grant Kvalheim, global head of credit products at Barclays Capital, is to take responsibility for the management of the firm’s Investment Banking Division, which manages Barclays Capital’s relationships with corporate and financial institution clients....
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News
AP7 starts phase two of alternatives RFP
SWEDEN - The e2.3bn AP7 fund has received proposals from 135 managers for tenders worth around e180m in hedge fund and private equity assets and will today (December 4) begin sending out the second phase questionnaire for the RFP process to all the managers....
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News
CDC venture arm launches large-scale buy-out fund
FRANCE – €600m CDC Equity Capital, the leveraged buy-out arm of CDC Ixis, itself part of the Caisse des Dépôts group, has launched a new fund, CDC-Entreprises II, which is aimed at large-scale buy-outs in France with a target total of €450m....
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News
Jupiter offers new pan-European hedge fund
IRELAND/UK – Jupiter International Group has launched a new pan-European long/short equity hedge fund called Jupiter Europa Hedge Fund.
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Features
Opportunity for private equity industry
In the 1990s indexing in the quoted equity markets came of age in two senses. First, many institutional investors chose to move from active to passive management of their portfolios (ie from individual stock picking to pro-rata investment in a basket of stocks forming an index), and second, the performance ...
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Features
Where hedge fund market falls down
Knowing and understanding the likely performance of an asset is a critical step in determining whether it has a place in the pension fund’s investment portfolio. Having effective benchmarks against which to measure manager performance is a prerequisite to proper monitoring of any investment. On both these counts, the hedge ...
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Features
Growing market for commodity indices
As equity returns have slumped, so the appeal of alternative investments has risen. Commodities in particular are seen by many as having advantages not just in terms of diversification, but also as assets which can produce solid growth. In this environment, Standard & Poor’s has lauched its new commodities index. ...
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Features
More ‘humility’ please
Alistair Ross Goobey, the chief executive of Hermes Pensions Management has warned the private equity industry that it needs to cultivate a little more “humility” in its claims of outperformance, arguing that managers have confused a prolonged bull market with genius. Speaking at the Superinvestor 2001 conference in Paris last ...
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News
Irish pensions association loses director
IRELAND – Des Crowther, director of the Irish Association of Pension Funds (IAPF), has left the association to become chief executive of the Dublin-based Irish Institute of Purchasing and Materials Management....
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News
Friends' venture arm becomes ISIS Capital
UK - Friends Ivory & Sime Private Equity is to become ISIS Capital in a bid to make the subsidiary “distinctive” from its parent company....
