CI Financial launches Axia Real Assets, a global real estate and infrastructure joint venture, retaining a 50% ownership stake.
Blackstone Alternative Asset Management hired industry veteran Scott Bommer as CIO and launched a hedge fund manager platform.
Arena hired three new managing directors for global marketing to boost growth in the firm's special situation private credit strategies.
HFR data show aggregate hedge fund industry assets are nearly back to their peak after two quarters of good performance.
Alternative managers are finding it harder to attract investments from new clients despite strong interest in their strategies.
More than half of hedge fund managers surveyed are concerned that remote working could have a negative impact on their firm's culture.
Asset owners intend to increase their allocations to alternative strategies over the next three to five years.
Albourne Partners and AIMA worked together to create a diversity and inclusion questionnaire for alternatives managers.
Investcorp and Tages Group take 50-50 stakes in absolute-return joint venture.
Private credit specialist Onex Credit hired Jason New as a new co-CEO to develop new strategies.
Five finalists are in the running for management of private equity secondary funds for the Chicago Policemen's Annuity & Benefit Fund.
Texas Municipal commits an additional $25 million to bring its total allocation to FTV Capital's growth equity fund to $75 million.
Aflac will acquire a minority stake in Varagon Capital and invest $3 billion in the firm's middle-market direct-lending strategy.
Institutions are looking to single managers for multistrategy private credit mandates.
Asset owners are reducing allocations to hedge funds and moving more to private equity and other strategies, a survey shows.
Nicholas Chalmers is succeeding Paul Campbell as CEO of London-based Cairn Capital.
Alternatives manager Gramercy Funds Management hired Jeffrey D. Sharon as global head of business development.
An analysis of ADV filings of the 200 largest hedge fund managers found 46% experienced a significant decline in assets in 2018.
Alternative risk premium managers are explaining their strategies to asset owners after poor performance in 2018.
Asset owners are reviewing alternative risk premium strategies after poor 2018 performance.
Michel Brogard joined multistrategy hedge fund manager CQS (US) as CEO of the London-based firm's U.S. business.
Troy A. Gayeski has been promoted to co-chief investment officer by alternative investment manager SkyBridge Capital II.
Women are still underrepresented in the workforce when it comes to the hedge fund and private equity industries.
Aggregate net investment gains by hedge fund managers in 2018 were down $41 billion compared to a net gain of $181.5 billion in 2017.
A management buyout by the Northwood Securities team creates real estate specialist manager Jaguar Listed Property.