ALTERNATIVES
J.P. Morgan Chase is changing the focus of its $2.85 billion Highbridge Capital Management multistrategy hedge fund to a credit fund.
H.I.G. Capital closed its latest special situations credit fund, H.I.G. Bayside Loan Opportunity Fund V.
Adams Street Partners closed on a $2 billion investment in alternatives on the secondary market.
Cheyne Capital Management (U.K.) closed its Cheyne European Strategic Value Credit Fund SCS SICAV-SIF at €1 billion.
Blackstone Group's credit platform GSO Energy Partners closed its GSO Energy Select Opportunities Fund II at $4.5 billion.
Sunil Kothari was named a managing director on the residential and consumer debt team at Angelo, Gordon & Co.
More Canadian institutional investors plan to increase exposure to alternative investments compared to global investors overall.
Mergers and acquisitions by some of the top alternatives' managers helped lift their AUM in 2018.
Proponents of expanding the use of alternative investments in DC plans are optimistic federal regulators will ease current rules.
Agecroft Partners offers monthly live and interactive hedge fund webinars.