Hedge Funds Review/News
Ex-Citadel managing director's structured credit hedge fund secures seed deal
Grosvenor Capital Management has committed $85 million in seed capital for a structured credit hedge fund started by a group of former Citadel executives.
Mariner absorbs Concordia as hedge fund consolidation gathers pace
Concordia Advisors, which manages around $1 billion in relative value-oriented interest rate, credit and equity strategies, is to merge with $10 billion hedge fund Mariner Investment Group.
MKP sells stake to Dyal and bolsters senior management team
Private equity fund Dyal Capital Partners has made its fifth hedge fund investment with the purchase of a minority stake in MKP, a hedge fund manager specialising in global macro and credit strategies.
European parliament Econ chair confident on eurozone crisis resolution
Sharon Bowles, chair of the European parliament’s economic and monetary affairs committee, believes the end is in sight for the eurozone crisis. She is also positive on co-operation with US lawmakers.