Alternatives archive

Every Alternatives story, newest first. 227 stories

Friday, October 2340 stories

9:42 p.m.
Hedge Funds & Liquid Alts
BGC, Nanhua and ADM build compute futures desks before CFTC approval
Four exchanges await CFTC approval to list contracts; the instruments would track AI computing costs.
9:41 p.m.
Hedge Funds & Liquid Alts
CalPERS weighs hedge fund return through SMAs, 12 years after exit
The $653.8 billion pension fund discussed SMA hedge fund exposure with Goldman Sachs and Dockside Platforms; no decision, Pensions & Investments reports.
9:41 p.m.
Hedge Funds & Liquid Alts
London hedge funds shed nearly 100 rates traders after bond losses
Losses hit leveraged French government bond carry trades, and some exits were voluntary, eFinancialCareers reported.
9:33 p.m.
Natural Resources
Benchmark forecasts 134 new lithium mines, $100 billion by 2050
Demand reaches nearly 7 million tonnes by mid-century; at 36,000 tonnes of capacity each, that is one new mine every two months for 24 years.
8:45 p.m.
The Allocation
79% of family offices with prospective next-gen principals expect larger alts share
Bank of America's study of 355 US family office decision makers also finds 92% use credit, but only 27% use leverage consistently.
8:42 p.m.
Private Equity
FFL Partners closes sixth fund above $1.35 billion
The vehicle beat its $1 billion target, PE Professional reports.
7:36 p.m.
Evergreen & Interval Funds
Hard assets outraise credit by $5.3B in third quarter
Alternative fundraising fell 14% to $134.4 billion through September, with credit down 48% and hard assets up 39%, Stanger reports.
6:57 p.m.
Venture Capital
Iconiq partner: founders fail to specify ARR vs run rate
Anu Bharadwaj said pilot-to-production is the hard step and named customer concentration and easy switching as red flags.
5:58 p.m.
Real Estate
Marcus & Millichap brokers $8.9M Brighton apartment sale
A private family sold the 24-unit building near Sutherland Road Station to a partnership, Connect CRE reported.
5:34 p.m.
Real Estate
Hamilton Zanze announces sale of 196-unit Virginia Beach apartments
Buyer and price were not disclosed; the sponsor acquired the property in January 2020.
5:25 p.m.
Venture Capital
Carta and NewView partner on employee tender offers
The firms will combine NewView's secondary deal structuring with Carta's equity platform.
5:15 p.m.
Private Credit & BDCs
Jefferies credit secondaries head joins LSTA podcast on liquidity
Episode 7, published Oct. 23, covers continuation vehicles, deal pricing and where the market is heading.
5:13 p.m.
Evergreen & Interval Funds
Berea endowment names first CIO; Sound Point, Coatue add staff
IFM Investors chose an executive to lead its North American infrastructure business; a Middle East family office added a former endowment executive.
3:35 p.m.
Raises & Launches
Opalesque: Blackstone multi-strategy fund reports $106.5M unit sales
The item is dated Oct. 22, 2026 and gives the fund's full name as Blackstone Multi-Strategy Hedge Fund.
3:35 p.m.
Manager Selection
SEC charges Meyer Global and CEO with fraud over $3M SpaceX fund loss
SEC complaint says misappropriated fund assets paid for Meyer's personal expenses and one fund forfeited a nearly $3 million SpaceX stake.
3:35 p.m.
Private Equity
Skechers founders accused of cutting forecasts in $9.4B 3G buyout
A class action filed Oct. 21 alleges three downward revisions to internal projections in April 2025 made a $63 cash offer look like a premium.
3:35 p.m.
Manager Selection
SEC denies Katz bid to drop $98,543 Crawford Ventures penalty
The Oct. 22 order leaves full sanctions of $202,483.77 in place against the fund's co-founder.
3:35 p.m.
Manager Selection
CAIA says AI could flatten single-family office hierarchy
It proposes an information steward accountable for the data agents read.
3:35 p.m.
Manager Selection
Hilton Capital acquires minority stake in New Century Advisors
Emerging Manager Monthly reported the stake on Oct. 7; price, size and structure were not disclosed.
3:35 p.m.
Manager Selection
SEC seeks $3M penalty on ex-Western Asset CIO Ken Leech
Western Asset was ordered to pay a $100 million civil penalty in June; Leech would accept an officer-and-director bar without admitting allegations.
3:35 p.m.
Hedge Funds & Liquid Alts
AMP and One River call for a defensive system, not a single hedge
The post questions whether government bonds still reliably hedge inflation.
3:35 p.m.
Emerging Managers
Churchill says emerging PE managers remain overlooked
Churchill says emerging firms account for a large share of U.S. middle-market fund launches, but the published item does not quantify that share.
2:59 p.m.
The Allocation
DACH institutions hold 32.3% of portfolios in alternatives
A BAI survey of 105 investors overseeing about EUR2.9 trillion found hedge fund use rising while real estate equity slipped and private equity gained.
2:30 p.m.
The Allocation
Cox and Saba propose 34.9% discount on Blue Owl exit
The unsolicited bid follows late-2025 redemption requests that outpaced the typical 5%-of-NAV quarterly cap.
2:24 p.m.
The Allocation
SEC proposes performance fees for regulated fund advisers
It also seeks comment on a FINRA exam as an accredited-investor route; fund selectors can submit comments before any change.
2:02 p.m.
Venture Capital
Coatue's $4.75 billion Anthropic stake is marked at $7.5 billion
TechCrunch reported Oct. 23 that Anthropic backers' stakes are marked at a $965 billion private valuation, with an IPO expected this year at up to $2 trillion.
1:37 p.m.
Manager Selection
SEC sets Nov. 19 virtual compliance seminar for advisers and funds
No advance registration is required; the webcast link is posted on SEC.gov the morning of Nov. 19.
1:36 p.m.
Manager Selection
SEC Division of Examinations publishes exam handbook
The guide replaces the division's earlier brochure and maps each stage from risk assessment to the disposition letter; no rules change.
1:33 p.m.
Manager Selection
SEC proposes performance fees for regulated fund advisers
The proposal aims to widen retail access to private-market strategies; the SEC also requests comment on a FINRA exam as an accredited-investor route.
1:05 p.m.
Hedge Funds & Liquid Alts
Millennium's Englander tops hedge fund Rich List at $4 billion
Institutional Investor's 24th annual ranking put top 25 earnings at $30.045 billion; the $375 million needed for 25th place was a record.
1:04 p.m.
The Allocation
Tiger Global made at least 15 private investments in Q1
Coatue made six, down from 10 in Q4 2024, as Crunchbase counted at least 25 private deals across five hedge funds.
12:56 p.m.
Natural Resources
Gold Royalty plans to fund acquisitions without new share sales
Garofalo expects the 10 income-producing assets to double by the end of the decade, he told The Northern Miner.
12:52 p.m.
Venture Capital
Reach Capital plans 50 deals from $265 million fifth fund
The San Francisco firm's assets near $1 billion after its August announcement; Reach has backed more than 180 companies.
12:49 p.m.
Infrastructure
Ukrainian strikes damage Russian tax data center 425km from Moscow
Nizhny Novgorod's governor reported three injuries after the overnight strike on the Federal Tax Service site.
12:37 p.m.
Real Estate
McGrath completes lease-up of 736-bed Lubbock student housing
The Wyatt, near Texas Tech, is 100% occupied, REBusiness Online reported Oct. 23.
12:30 p.m.
Natural Resources
Oil India reports 200,000 SCMD test flow offshore India
The Godavari-1 well tested a previously unexplored formation but no reserve estimate was given; India's $8.8 billion offshore scheme funds more drilling.
12:26 p.m.
The Allocation
DACH institutions hold 32.3% of portfolios in alternatives
The BAI survey of 105 investors with about EUR 2.9 trillion found hedge fund use rising while real estate equity slipped and private equity gained.
12:24 p.m.
Natural Resources
Antofagasta lifts copper cash cost guidance to $2.60–$2.70/lb
Barrick's gold production cost rose 17% between 2025 and 2026 while record bullion prices lifted its EBITDA 51%, Mining.com reports.
12:15 p.m.
Emerging Managers
Michael Montford raises long-only PC3 Partners
Tallwoods Capital will anchor the fund, Gabe Plotkin will chair its advisory board, and trading is planned for the first quarter of 2026.
12:11 p.m.
Hedge Funds & Liquid Alts
SS&C GlobeOp redemption indicator falls to 1.62% in October
The reading, below September's 2.02% and the 2.06% five-year average, measures notices filed 30 to 90 days before the redemption date.