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Viewing stories published on December, 1, 2017. Click here to view latest.

Lightyear Capital closes fourth fund with more than $1 billion, including co-investments

ALTERNATIVES

ALTERNATIVES

Lightyear Capital raised more than $1 billion for its fourth private equity fund and co-investments.
CME, Cboe, Cantor Fitzgerald file with CFTC for bitcoin derivatives

Markets

Markets

CME Group, Cboe Global Markets and Cantor Fitzgerald filed product certifications with the CFTC to offer bitcoin derivatives.
Moody's: Flows into active result in positive quarter for asset managers

MONEY MANAGEMENT

MONEY MANAGEMENT

Strong equity markets and positive net flows into actively managed strategies for the first time in years resulted in a positive third quarter for managers.
Rep. Richard Neal introduces two workplace retirement savings bills

Legislation

Legislation

Two new bills would require most employers to offer a defined contribution plan and simplify some retirement savings rules.
Fiera Capital to take over City National Rochdale Emerging Markets Fund

Money Management

Money Management

Fiera Capital agreed to take over management of City National Rochdale Emerging Markets Fund, a $1.7 billion mutual fund.
Hutchin Hill Capital to close, return money

Hedge Funds

Hedge Funds

Hutchin Hill closing doors, returning hedge fund assets to investors.
Tudor to shutter discretionary macro fund in restructuring

HEDGE FUNDS

HEDGE FUNDS

Tudor Investment Corp. is closing its Tudor Discretionary Macro Fund and letting investors shift assets to the main BVI fund as of Jan. 1.
U.K. corporate pension deficits rise 4.5% in November, but fall 37% for 12 months

Pension Funds

Pension Funds

The total deficit of all U.K. corporate defined benefit funds increased 4.5% in the month of November to 161 billion.

Money Management

Money Management

Jeffrey M. Solomon was named CEO of money manager and investment bank Cowen Inc.
Nippon Life buys 25% stake in TCW Group from Carlyle

Money Management

Money Management

Nippon Life Insurance Co. will purchase a 24.75% minority stake in TCW Group from the Carlyle Group.

MONEY MANAGEMENT

MONEY MANAGEMENT

Ki Jeong (Kelly) Lee has been appointed to lead IFM Investors' new Seoul office as client relationship director.

Money Management

Money Management

Michael DuCharme was named director, currency solutions at Mesirow Financial.

Real Estate

Real Estate

Avik Mukhopadhyay joined real estate manager Kennedy Wilson as a managing director for its investment management business.

Sovereign Wealth Funds

Sovereign Wealth Funds

Del Hart replaces Fiona Mackenzie at New Zealand Super in overseeing NZ$6.5 billion in mandates to roughly 30 external managers.
Churchill Asset Management closes $1.1 billion senior loan fund

Private Equity

Private Equity

Churchill Asset Management, Nuveen's private credit subsidiary, closed the Churchill Middle Market Senior Loan Fund at $1.1 billion.