Hedge funds

Deerfield Announces New $1.4-billion Private Investment Fund

Retrieved on: 
Wednesday, August 4, 2021
Banking, Professional Services, Finance, Alternative investment management companies, Investment, Finance, Hedge funds, Paul Capital, Private equity secondary market, Glenview Capital Management

Deerfield Management Company, a New York City-based healthcare investment firm focused on advancing healthcare through investment, information and philanthropy, today announced that it has launched Deerfield Private Design Fund V, L.P.

Key Points: 
  • Deerfield Management Company, a New York City-based healthcare investment firm focused on advancing healthcare through investment, information and philanthropy, today announced that it has launched Deerfield Private Design Fund V, L.P.
  • The investment fund held its final closing on July 30, 2021 with approximately $1.4 billion in committed capital and will provide privately structured financing for healthcare companies.
  • Deerfield currently manages approximately $14 billion in public and private healthcare investments, and has previously raised four Private Design healthcare funds.
  • Deerfield is an investment management firm committed to advancing healthcare through investment, information and philanthropy.

ImmixBio Announces Dr. Jane Buchan Joins Board of Directors

Retrieved on: 
Wednesday, July 28, 2021
Hedge funds, PAAMCO, Buchan, Jane Buchan

"I am thrilled to welcome Dr. Buchan to our Board of Directors at ImmixBio.

Key Points: 
  • "I am thrilled to welcome Dr. Buchan to our Board of Directors at ImmixBio.
  • Dr. Buchan is an incredible entrepreneur and leader in the global institutional investment world both at PAAMCO and Martlet and is a veteran board member," said Ilya Rachman, MD PhD, ImmixBio Chief Executive Officer.
  • "ImmixBio is a transformative company with exceptional leadership that is working to build a world-class biopharmaceutical platform," commented Dr. Buchan.
  • Dr. Buchan is also a member of the board of directors of Globe Life Inc. and AGF Management Ltd. Dr. Buchan is Chief Executive Officer of Martlet Asset Management, a private investment office established in 2018.

Contentful Closes $175 Million Funding Round led by Tiger Global

Retrieved on: 
Wednesday, July 28, 2021
Companies, Hedge funds, Finance, Tiger Management, Service companies, Tiger Global Management, Companies based in Bangalore, UiPath, Flipkart, JD.com, Contentful, Databricks

Tiger Global led the round with Base10 Advancement Initiative and Tidemark also joining Contentful's existing investors.

Key Points: 
  • Tiger Global led the round with Base10 Advancement Initiative and Tidemark also joining Contentful's existing investors.
  • It is the way the best companies create conversations across all of the devices that surround their customers," said Steve Sloan, CEO of Contentful.
  • Tiger Global Management is a leading global technology investment firm with over $70 billion under management.
  • Tiger Global's investments have included JD.com, UiPath, Stripe, Databricks, Bytedance, Snowflake, Facebook, Alibaba, Procore, Chime, Peloton, Attentive, LinkedIn, Flipkart, and Toast.

Hill Country Asset Management To Join Arcesium's Technology And Services Platform Through Existing Joint Offering With J.P. Morgan

Retrieved on: 
Tuesday, July 27, 2021
Finance, Financial services, JPMorgan Chase, Gilded Age, J. P. Morgan, Investment funds, House of Morgan, Primary dealers, Hedge funds, J.P. Morgan in the United Kingdom, J.P. Morgan & Co.

NEW YORK, July 27, 2021 /PRNewswire/ --Arcesium LLC, a leading global financial technology and professional services firm, announced today that Hill Country Asset Management has chosen to deploy Arcesium's joint offering with J.P. Morgan's Securities Services.

Key Points: 
  • NEW YORK, July 27, 2021 /PRNewswire/ --Arcesium LLC, a leading global financial technology and professional services firm, announced today that Hill Country Asset Management has chosen to deploy Arcesium's joint offering with J.P. Morgan's Securities Services.
  • Through their existing strategic partnership, Arcesium and J.P. Morgan will address Hill Country's middle office, back office, and fund administration needs with a seamlessly integrated solution.
  • Arcesium will provide technology and services for enterprise data management, internal books and records, reconciliation, and treasury workflows, and J.P. Morgan will act as Hill Country's fund administrator.
  • We are confident the joint solution provided by Arcesium and J.P. Morgan will allow us to focus on higher business issues and strategies," said Jim Hansen, Chief Operating Officer of Hill Country Asset Management.

AI Global Investors Partners with Veteran Team of Goldman Alums

Retrieved on: 
Thursday, July 22, 2021
Finance, Primary dealers, Subprime mortgage crisis, Financial services, Banks, Hedge funds, Point72 Asset Management, Goldman Sachs, Morgan Stanley

NEW YORK, July 22, 2021 /PRNewswire-PRWeb/ -- Asset management firm AI Global Investors (USA) LLC ("AI") today announced the onboarding of Anchorvest Capital ("Anchorvest") to AI's New York-based asset management platform.

Key Points: 
  • NEW YORK, July 22, 2021 /PRNewswire-PRWeb/ -- Asset management firm AI Global Investors (USA) LLC ("AI") today announced the onboarding of Anchorvest Capital ("Anchorvest") to AI's New York-based asset management platform.
  • "We are proud to work with such an accomplished and highly pedigreed team," said Lawrence Newhook, CEO of AI.
  • The core team consists of talent from blue chip firms including Point72, Balyasny Asset Management, Goldman Sachs, and Morgan Stanley.
  • AI Media, AI Global Investors (USA) LLC, 646.854.5900, [email protected]

F.L.Putnam Investment Management Company Names Ryan McQuilkin Managing Director, Fixed Income

Retrieved on: 
Wednesday, July 21, 2021
Institutional investors, Hedge funds, Virtus Investment Partners

WELLESLEY, Mass., July 21, 2021 /PRNewswire/ --F.L.Putnam Investment Management Company today announced that Ryan McQuilkin, CFA,CFPhas joined the firm as Managing Director, Fixed Income.

Key Points: 
  • WELLESLEY, Mass., July 21, 2021 /PRNewswire/ --F.L.Putnam Investment Management Company today announced that Ryan McQuilkin, CFA,CFPhas joined the firm as Managing Director, Fixed Income.
  • "Ryan is a tremendous addition to our investment management team and will significantly enhance our fixed income investing capabilities," said Tom Manning, CEO at F.L.Putnam.
  • Mr. McQuilkin most recently served as Managing Director and Head of Fixed Income at Boston Private Wealth.
  • F.L.Putnam Investment Management Company, an SEC-registered investment advisory firm, provides investment management, financial planning and consulting services to high-net-worth clients, endowments and foundations.

Achieving Significant Milestones, North Square Investments Celebrates Third Anniversary

Retrieved on: 
Wednesday, July 21, 2021
Finance, Investment, Money, Financial adviser, Alternative investment management companies, Institutional investors, Hedge funds, Virtus Investment Partners, Evergreen Investments

This past June, North Square completed the acquisition of the Stadion Funds, its second major acquisition in 18 months.

Key Points: 
  • This past June, North Square completed the acquisition of the Stadion Funds, its second major acquisition in 18 months.
  • By the end of the second quarter, North Square had over $1 billion of assets under management in 12 mutual funds.
  • Founded in 2018 and headquartered in Chicago, Illinois, North Square Investments is an independent, multi-boutique investment firm dedicated to delivering differentiated active investment strategies to the market.
  • North Square Investments, LLC is an investment adviser registered with the U.S. Securities and Exchange Commission.

Jennifer Brown Joins Adams Street as Partner and Global Head of Consultant Relations

Retrieved on: 
Tuesday, July 20, 2021
Finance, Consulting, Banking, Professional services, Other Professional Services, Finance, Investment, Money, Hedge funds, Accounting scandals, Investment banks, Drexel Burnham Lambert, Barings Bank, ING Group, Tiger Global Management

Adams Street Partners, LLC, a private markets investment management firm with $45 billion of assets under management, announced today that Jennifer Brown joined the firm as Partner and Global Head of Consultant Relations.

Key Points: 
  • Adams Street Partners, LLC, a private markets investment management firm with $45 billion of assets under management, announced today that Jennifer Brown joined the firm as Partner and Global Head of Consultant Relations.
  • Adams Street has deep private markets investment experience and the firm is focused on becoming an even more thoughtful partner to investment consultants, said Ms. Brown.
  • Prior to joining Adams Street, Jennifer was Managing Director of the Global Business Development Group at Barings, LLC, where she led marketing strategy for U.S.
  • Adams Street Partners is a global private markets investment manager with investments in more than thirty countries across five continents.

Vestwell Raises $70 Million in Series C Funding, Led by Wells Fargo Strategic Capital and Fin Venture Capital

Retrieved on: 
Tuesday, July 20, 2021
Finance, Money, Hedge funds, Point72 Asset Management, Goldman Sachs, Financial technology

NEW YORK, July 20, 2021 /PRNewswire-PRWeb/ -- Vestwell , the engine powering leading workplace savings and investing programs, today announced it raised $70 million in Series C financing.

Key Points: 
  • NEW YORK, July 20, 2021 /PRNewswire-PRWeb/ -- Vestwell , the engine powering leading workplace savings and investing programs, today announced it raised $70 million in Series C financing.
  • Wells Fargo Strategic Capital and Fin Venture Capital co-led the round, along with a host of other financial services and fintech leaders including Goldman Sachs, Morgan Stanley, Manulife, Point72, Nationwide Ventures, Allianz Life Ventures, Northwestern Mutual, FinTech Collective, Greenspring Associates, Primary Venture Partners, Teamworthy Ventures, F-Prime Capital, Industry Ventures, and Commerce Ventures.
  • Vestwell provides the underlying infrastructure for workplace savings and investing programs, such as 401(k) and 403(b) retirement plans.
  • "Vestwell's modern, automated, and user-friendly platform uniquely positions them to help small businesses provide workplace savings programs to more people.

Purpose Investments Inc. Announces July Distributions

Retrieved on: 
Monday, July 19, 2021
Finance, Money, Investment, Investment management, Hedge funds, Investment fund, Management fee, Asset management, Mackenzie Investments, Discretionary Investment Management

Purpose Investments is an asset management company with more than $11 billion in assets under management.

Key Points: 
  • Purpose Investments is an asset management company with more than $11 billion in assets under management.
  • Purpose Investments has an unrelenting focus on client-centric innovation, and offers a range of managed and quantitative investment products.
  • Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Financial, an independent technology-driven financial services company.
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