Alternatives

Featured Story

Assets under management at KKR up for quarter, down year-over-year

By Arleen Jacobius

KKR & Co. reported total assets under management of $54.8 billion as of Sept. 30, up 7.9% from $50.8 billion as of June 30 but down 5% from $58 billion at the end of the 2008 third quarter.

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Special Reports

Hedge fund managers make it three quarters in a row of upside

Hedge fund managers retained their gains and posted respectable returns for the third straight quarter. All 22 of the hedge fund and fund-of-funds strategies tracked by Morningstar Inc. turned in positive average performance for the three months ended Sept. 30.

By Christine Williamson View more

People

Bornhoft Group hires new partner

Thomas O'Donnell joined The Bornhoft Group as a partner, a new position that is part of an expansion of the managed futures specialist's institutional investor marketing effort.

By Christine Williamson

Alternative Investment taps investor relations chief

Susan Potok Harrison was named director of investor relations at Alternative Investment Management.

By Arleen Jacobius

BlackRock Realty global CIO to retire

Fred Lieblich, managing director at BlackRock and global CIO of BlackRock Realty, will retire on March 31.

By Arleen Jacobius
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Blog Bank

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P&I Online Features

Photo: Insurers feel pinch on funding alternative commitments

Insurers feel pinch on funding alternative commitments

Insurance companies had less cash available to make capital calls by their alternative investment managers in the third quarter than at the same time in 2008, but they still had more liquid assets to pay unfunded commitments than other institutions, according to NYPPEX Private Markets.

By Arleen Jacobius    

Here's why buyout firms are flooding IPO market

Private equity firms are dolling up companies for initial public offering as a way of easing the $1 trillion of buyout debt weighing down their portfolios.

By Arleen Jacobius    

Long-only or hedge? It no longer matters

Institutional investors are gearing up to integrate hedge funds into their equity and fixed-income portfolios, part of a growing trend toward allocating assets based on their sources of return — alpha and beta.

By Christine Williamson     View more

Charts

  • U.S. tops growth list 1 of 10
  • Long/short loss 2 of 10
  • Vaulting volume 3 of 10
  • Building bonds 4 of 10
  • Going for gold 5 of 10
  • Fed asset changes 6 of 10
  • The worst of both 7 of 10
  • Smooth sailing for cat bonds 8 of 10
  • Still high on high-yield 9 of 10
  • In the long run we're all dead ... 10 of 10

International

MassMutual adds Protego, merges real estate managers

MassMutual is buying European real estate investment management firm Protego Real Estate Investors and will merge it with MassMutual's two existing real estate groups.

By Arleen Jacobius    

A death knell for Euro hedge funds?

A European Commission draft proposal to strengthen regulations on alternative investment managers would hurt competition, restrict investor choice and put many hedge funds out of business, according to a new report.

Proposal would limit alts manager pay

A proposed amendment to the European Commission's Alternative Investment Fund Management Directive would restrict pay for European Union-based hedge fund and private equity managers.

By Thao Hua     View more

P&I Presents

Featured Industry Events

Today’s Markets

Webcasts

Emerging Markets Webcast

Tuesday, November 9, 2009

Cynthia Steer of Rogers Casey and George Hoguet from SSGA discuss the new asset class of choice - Emerging Markets

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Featured Web Seminars

Join Northern Trust experts in a conversation about monitoring and managing alternative asset risk in the context of today's market volatility and challenging liquidity environment.

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December 2, 2009 - 2:00 pm - 3:00 pm EST

Securities lending has emerged from the credit crisis with renewed focus on transparency and risk. Following increased review by regulators, the industry is preparing for further changes.

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Face to Face

111609 gray

Working the angles: Face to face with Roger Gray

The new CIO of USS discusses his plan to boost the pension fund's allocation to hedge funds and other alternative investments, taking cash out of public equities to fund the move to a "more liability-aware stance and a more diversified asset allocation."

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