Hamilton Lane Gets on Hedge Fund Bandwagon
By Staff WriterNEW YORK (HedgeWorld.com)--Following a well-established trend of hedge fund mergers and acquisitions, private equity manager Hamilton Lane of Bala Cynwyd, Penn., agreed to buy a controlling stake in New York-based Richcourt Group, a fund of funds firm. The transaction should be completed in 15 days. Richcourt, managing more than US$1.5...
November 29, 2004
Allianz Unit Names COO, Sales DirectorNU Online News Service, Nov. 29, 2004, 4:15 p.m. ESTA U.S. arm of a German insurer has announced 2 high-level executive changes.[@@]Allianz Life Insurance ...
November 29, 2004
The Case for Edge Funds"The difference between stupidity and genius is that genius has its limits."--Albert Einstein Many years ago, I took a girlfriend to Bermuda. There we met a lecherous English playboy married to what turned out to be a fabulously wealthy daughter of really old money. We figured this out when we...
November 29, 2004
While Health Care's Bounce May Not Last, Sub-Sectors Can BenefitNov. 22, 2004 -- Although President George W. Bush's reelection provided a nice jolt to U.S. health care stocks, it may only be a short-lived...
November 29, 2004
AMG Buys Stake in AQR Capital ManagementBOSTON (HedgeWorld.com)--Affiliated Managers Group has taken the hedge fund plunge and acquired an equity interest in hedge fund manager AQR Capital Management, Greenwich, Conn. The price AMG paid was not disclosed, but an analyst at Prudential Equity Group was reported to estimate it at US$80 million to US$100 million, or...
November 28, 2004
Mutual Of Omaha Veteran Moves To Conseco UnitNU Online News Service, Nov. 28, 2004, 9:12 a.m. ESTBankers Life and Casualty Company, Chicago, has hired Anthony Monderine to be vice president of ...
November 24, 2004
Insurer Ties Ads To Lemony Snicket MovieNU Online News Service, Nov. 24, 2004, 4:12 p.m. ESTAFLAC Inc., Columbus, Ga., is letting its spokesduck appear in a television commercial tied to ...