Fund of funds

HMC Successfully Concludes the HERO Small Business Relief Fund

Wednesday, May 20, 2020 - 1:00pm

BIRMINGHAM, Ala., May 20, 2020 (GLOBE NEWSWIRE) -- Harbert Management Corporation (HMC), in conjunction with its internal charitable foundation, Harbert Employees Reaching Out (HERO), is pleased to provide an update on the progress of the HERO Small Business Relief Fund (HSBRF).

Key Points: 
  • BIRMINGHAM, Ala., May 20, 2020 (GLOBE NEWSWIRE) -- Harbert Management Corporation (HMC), in conjunction with its internal charitable foundation, Harbert Employees Reaching Out (HERO), is pleased to provide an update on the progress of the HERO Small Business Relief Fund (HSBRF).
  • The HSBRF was announced on April 16, 2020 in response to the COVID-19 pandemic and related economic disruption.
  • Overall, the HSBRF received over 330 applications and was able to fund approximately 20% of them with an average grant size of approximately $16,000.
  • HMC serves foundations and endowments, fund of funds, pension funds, financial institutions, insurance companies, family offices, and high net worth individuals across multiple asset classes.

Bixin Global Announces 66 Million USD Global Fund of Funds for Cryptocurrency

Friday, May 8, 2020 - 6:55am

HONG KONG, May 8, 2020 - (ACN Newswire) - Bixin Global, one of China's largest cryptocurrency custody and mining operators, has launched a proprietary Fund of Funds amounting to 6600 BTC, or approximately USD 66 million.

Key Points: 
  • HONG KONG, May 8, 2020 - (ACN Newswire) - Bixin Global, one of China's largest cryptocurrency custody and mining operators, has launched a proprietary Fund of Funds amounting to 6600 BTC, or approximately USD 66 million.
  • Bixin's Fund of Funds is BTC dominated with the main goal of increasing BTC holdings by investing in global quant funds.
  • Bixin Global also welcomes exploring mutually beneficial partnerships with other firms on mining management, cloud mining and mining fund sectors.
  • Bixin Global services are operated through Bixin.com, Bixin Capital, Bishin Cloud, Bixin CryptoLending, Bixin Financial Services, Bixin Investment, BixinIM, Bixin Mining and Bixin Software.

SS&C Celebrates ALPS | Smith Fixed-Income Bond Funds Surpassing $1 Billion in Assets

Friday, May 1, 2020 - 4:32pm

The Funds launched in June 2018 through ALPS Advisors' strategic partnership with Smith Capital Investors, an investment management firm focused on income investing.

Key Points: 
  • The Funds launched in June 2018 through ALPS Advisors' strategic partnership with Smith Capital Investors, an investment management firm focused on income investing.
  • The Funds include the ALPS | Smith Total Return Bond Fund (SMTHX) and the ALPS | Smith Short Duration Bond Fund (SMDSX).
  • "Clients have demonstrated their enthusiasm for ALPS and Smith Capital Investors' capability, culture, and performance through vigorous asset growth since the launch.
  • *Gibson Smith is a Registered Representative of ALPS Distributors, Inc.
    ALPS Portfolio Solutions Distributor, Inc. is the distributor for the Funds.

HMC funding the HERO Small Business Relief Fund

Thursday, April 30, 2020 - 4:34pm

BIRMINGHAM, Ala., April 30, 2020 (GLOBE NEWSWIRE) -- Harbert Management Corporation (HMC), in conjunction with its internal foundation Harbert Employees Reaching Out (HERO), is pleased to provide an update on the progress of the HERO Small Business Relief Fund (HSBRF).

Key Points: 
  • BIRMINGHAM, Ala., April 30, 2020 (GLOBE NEWSWIRE) -- Harbert Management Corporation (HMC), in conjunction with its internal foundation Harbert Employees Reaching Out (HERO), is pleased to provide an update on the progress of the HERO Small Business Relief Fund (HSBRF).
  • HSBRF has begun communicating approvals to these businesses and working to get grant checks in their hands as soon as possible.
  • The HERO Small Business Relief Fund has been enthusiastically received by the local small business community, said John Harbert, who is leading the HSBRF initiative.
  • HMC serves foundations and endowments, fund of funds, pension funds, financial institutions, insurance companies, family offices, and high net worth individuals across multiple asset classes.

Rockland Capital Announces Formation Of Rockland Renewable Ventures

Tuesday, April 28, 2020 - 3:07pm

THE WOODLANDS, Texas, April 28, 2020 /PRNewswire/ -- Rockland Capital LP ("Rockland"), a leading investment company that is focused on the acquisition, development, and optimization of companies and projects in the energy sector, today announced that one of its investment funds has formed Rockland Renewable Ventures, LLC ("RRV") and has hired industry veteran Ruben Fontes as its President.

Key Points: 
  • THE WOODLANDS, Texas, April 28, 2020 /PRNewswire/ -- Rockland Capital LP ("Rockland"), a leading investment company that is focused on the acquisition, development, and optimization of companies and projects in the energy sector, today announced that one of its investment funds has formed Rockland Renewable Ventures, LLC ("RRV") and has hired industry veteran Ruben Fontes as its President.
  • RRV will specialize in the origination and development of clean and renewable energy assets throughout the country.
  • Rockland Capital is a private equity company that was formed in early 2003 in order to acquire and develop selected investment opportunities in power and energy infrastructure markets.
  • Rockland is currently investing Rockland Power Partners III, LP, a $454 million private equity fund with investors that include U.S. endowments and foundations, funds of funds, pension plans and family offices.

Morrison & Foerster Further Grows Global Private Funds Capabilities with New Partner in New York

Monday, April 27, 2020 - 2:00pm

NEW YORK, April 27, 2020 /PRNewswire-PRWeb/ --Morrison & Foerster, a leading global law firm, is pleased to announce that Leonora M. Shalet has joined the firm's New York office as a partner in its global Private Funds Group .

Key Points: 
  • NEW YORK, April 27, 2020 /PRNewswire-PRWeb/ --Morrison & Foerster, a leading global law firm, is pleased to announce that Leonora M. Shalet has joined the firm's New York office as a partner in its global Private Funds Group .
  • Ms. Shalet brings to Morrison & Foerster an established practice that focuses on U.S. and offshore credit funds, private equity funds, funds of funds, hybrid funds, hedge funds, and managed accounts.
  • "Morrison & Foerster has an excellent reputation in the funds and investment management space and a very impressive global platform," said Ms. Shalet.
  • Morrison & Foerster's global Private Funds Group is widely recognized, by both fund sponsors and institutional investors, as leading counsel in the field.

CreditEase Fund of Funds Profiled in London Business School Case Study

Monday, April 20, 2020 - 9:51am

LONDON, April 20, 2020 /PRNewswire/ -- CreditEase's support on investors' asset allocation with a Fund of Funds (FoF) has been officially introduced to the masterclass in private equity at the London Business School (LBS), making it the first Chinese FinTech company selected as an LBS case study.

Key Points: 
  • LONDON, April 20, 2020 /PRNewswire/ -- CreditEase's support on investors' asset allocation with a Fund of Funds (FoF) has been officially introduced to the masterclass in private equity at the London Business School (LBS), making it the first Chinese FinTech company selected as an LBS case study.
  • He began to communicate with CreditEase two years ago, and initiated the interviews and kicked off the case study with Professor Florin Vasvari.
  • The main business sectors of CreditEase include Yiren Digital, CreditEase Wealth Management and CreditEase Insurance.
  • London Business School's vision is to have a profound impact on the way the world does business.

Hedge Funds Down 8.03% in March, According to Backstop BarclayHedge

Monday, April 13, 2020 - 2:00pm

The hedge fund industry fared much better than the S&P Total Return Index which was down 16.2% for the month.

Key Points: 
  • The hedge fund industry fared much better than the S&P Total Return Index which was down 16.2% for the month.
  • For a complete table of BarclayHedge Hedge Fund and Sub-Index results for March, as well as historical returns, click here .
  • Backstop provides its industry-leading cloud-based productivity suite to investment consultants, pensions, funds of funds, family offices, endowments, foundations, private equity, hedge funds and real estate investment firms.
  • BarclayHedge, a division of Backstop, currently maintains data on more than 7,100 hedge funds, funds of funds and CTAs.

Hedge Funds Reverse Two-month Redemption Trend with $21.2 Billion in Inflows in January According to Backstop BarclayHedge

Wednesday, March 18, 2020 - 1:00pm

January's inflows represented 0.7% of industry assets, according to the Barclay Fund Flow Indicator published by BarclayHedge, a division of Backstop Solutions.

Key Points: 
  • January's inflows represented 0.7% of industry assets, according to the Barclay Fund Flow Indicator published by BarclayHedge, a division of Backstop Solutions.
  • Data from 7,100 funds (excluding CTAs) in the BarclayHedge database showed hedge funds in Continental Europe, Canada and Latin America adding to the net inflow total.
  • Backstop provides its industry-leading cloud-based productivity suite to investment consultants, pensions, funds of funds, family offices, endowments, foundations, private equity, hedge funds and real estate investment firms.
  • BarclayHedge, a division of Backstop, currently maintains data on more than 7,100 hedge funds, funds of funds and CTAs.

Hedge Funds Down 2.81% in February, According to Backstop BarclayHedge

Thursday, March 12, 2020 - 1:00pm

FAIRFIELD, Iowa, March 12, 2020 /PRNewswire-PRWeb/ -- Hedge fund losses picked up in February with the industry down 2.81% for the month, according to the Barclay Hedge Fund Index compiled by BarclayHedge, a division of Backstop Solutions.

Key Points: 
  • FAIRFIELD, Iowa, March 12, 2020 /PRNewswire-PRWeb/ -- Hedge fund losses picked up in February with the industry down 2.81% for the month, according to the Barclay Hedge Fund Index compiled by BarclayHedge, a division of Backstop Solutions.
  • For a complete table of BarclayHedge Hedge Fund and Sub-Index results for February, as well as historical returns, click here .
  • Backstop provides its industry-leading cloud-based productivity suite to investment consultants, pensions, funds of funds, family offices, endowments, foundations, private equity, hedge funds and real estate investment firms.
  • BarclayHedge, a division of Backstop, currently maintains data on more than 7,100 hedge funds, funds of funds and CTAs.