News

Each day, DailyAlts tracks major developments across the alternative investment world. Our content is procured from primary contacts in the industry and secondary sources across the web. Our goal is to give readers the most up-to-date news and engaging experience to open new doors and areas of knowledge. Our stories cover nine separate verticals of the alternative investment industry.

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Steve Cohen Looks to Boost Stake As MLB Team Owner

As uber-rich private equity and hedge fund billionaires are homing in on sports franchises, Steve Cohen is negotiating to up his current 8% stake in the Mets to 80%. Cohen paid $20 million for that stake in 2012.

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Hedge fund Autonomy Capital Drops $1 Billion on Argentinian Wagers
September 12, 2019

Autonomy Capital lost that much in one month following political turmoil in Argentina Last month we reported on the losses suffered by Brazilian hedge fund Newfoundland Capital Management in Argentinian…

ECB announces massive stimulus; Trump cries foul
September 12, 2019

The European Central Bank launched a new bond buying package and cut deposit rates to stimulate the Eurozone economy The central bank said it will purchase assets worth € 20…

AT&T Gets Heat from Billionaire Activist
September 12, 2019

Hedge Fund Elliott Management writes to ATT on how to “realize a historic increase in value” for its shareholders Billionaire Paul Singer owns Elliott Management. It revealed in its letter…

Mizuho Americas Hires Bob Wright to Key Sales and Trading Role
September 11, 2019

The new hire will operate out of New York office Mizuho Americas has hired Bob Wright as its head of execution services sales and trading in the United States. According…

Now trade the world’s 1st tokenized hedge fund – 24/7
September 9, 2019

Protos, the world’s first tokenized hedge fund, opened to public investors this month Crypto investors can now trade the Protos hedge fund tokens on the OpenFinance Network (OFN). OFN is…

‘The One,’ an 85-story Toronto skyscraper, funded by Korean institutions
September 9, 2019

outh Korean institutions lend C$560 million ($423 million) to IGIS Asset Management IGIS will onward lend the funds to Mizrahi Developments, which is developing the skyscraper in Toronto, Canada. Dubbed…

The DailyAlts Weekend Reading List – September 7, 2019
September 7, 2019

Each week, DailyAlts Weekend Reading list recaps our favorite outside stories on the markets this week. FDIC Quarterly Banking Profile Day Trading Failure Is Now the Time to Buy Greece?…

Vista Equity Partners Raises Largest Tech-Focused PE Fund in History.
September 6, 2019

Tech funds still generate massive demand from investors Vista Equity Partners has raised the largest technology-focused PE fund in history. The shop raised $16 billion in outside capital for its…

UBS Taps Simona Maellare and Matt Eiler to Co-Chair Alts Capital Group
September 6, 2019

UBS Promotes Simona Maellare, Goldman Makes a Surprise Senior Trading Hire, Partners Capital Appoints Advisor Simona Maellare will co-head the alternative capital group of UBS, according to a report Friday….

SEC Charges Herbert Hafen With Financial Fraud
September 5, 2019

Hafen was previously barred by FINRA in early 2019 Herbert Hafen is having a tougher day than you are. The Securities and Exchange Commission has charged Herbert Hafen with defrauding…