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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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Hedge Funds: Four Portfolio Managers Leave Citadel

Volatility has shaken the markets. The Dow had its worst quarter in history. The U.S. economy could see GDP fall by 30% this quarter. And four portfolio managers at Citadel won’t be around to see what happens next.  Bloomberg reported that the hedge fund fired four portfolio managers last week. Chris Conner, Tio Charbaghi, Steve Bergman, and Chip Fortson are out, according to the report. The four all worked in Citadel’s Global Equities group. The timing coincided with the hiring of Justin Lubell, a Point72 alum, to take over that group.

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Real Estate Private Equity Firm Raises $540.8 Million
November 28, 2019

Green Courte Partners specializes in niche real estate investing. Think airport parking. Leased land communities. Senior housing. Green Courte Partners is a private equity real estate investment firm that builds…

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Alternative Investments: Money Managers Aren’t Meeting Climate Funding Goal
November 28, 2019

Asset Managers and Climate Change

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Venture Capital Firm MiddleGame Raises $165 Million for Funding Fintechs
November 27, 2019

MiddleGame Ventures, which focuses on financial services innovation at early-stage fintech startups, closed its $165 million Fund I MGV fund. The fund will invest in startups transforming financial services from…

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Alternative Investments: Alpha Real Capital Launches European Long Income Fund
November 27, 2019

Long income funds proved very resilient during the financial crisis. They still offer value in a different crisis – that of ultra-low or negative interest rates. Low rates are a…

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Pensions Jack Up Exposure to Alternative Investments
November 27, 2019

Interest rates have been declining since the financial crisis and the resultant falling investment returns have put pension funds under pressure. Pension funds turn to alternative investments to offset the…

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Alternative Investments: BlackRock Warns on Global Growth
November 27, 2019

Global economic growth sits atop a list of concerns from BlackRock. On Tuesday, the alternative asset manager said it has shifted toward defensive Asian stocks. A report indicates that the…

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Tom Barrack Faces Activist Challenge at Colony
November 27, 2019

Tom Barrack is facing new activist pressure from Blackwells Capital after a period of underperformance.  The three-way merger with two NorthStar REITs has, to be kind, not worked well at…

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Barings Launches Onshore Private Fund in China
November 27, 2019

Barings announced the launch of its first onshore Private Fund in China. The Barings China A-share Private Securities Investment Fund No.1 has registered with the Asset Management Association of China.

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Maxine Waters Takes On The Private Equity Industry
November 27, 2019

Last week, U.S. House Financial Services Committee Chair Maxine Waters held a hearing to discuss private equity firms and their role in society.

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Hedge Fund Alden Global Capital Has Bought Another Stake in Tribune Publishing
November 27, 2019

Alden Global Capital now owns about one-third of Tribune Publishing, according to a new SEC filing. A week after buying a big stake from Michael Ferro, the hedge fund boosted…

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