eVestment Alliance, a global provider of institutional investment data intelligence and analytic solutions, has named Kathy Jaques as its new chief marketing officer. read more

Venture capital veteran Rob Chandra has put one foot into the hedge fund world with a planned $250 million launch. Bessemer Venture Partners' former India chief has founded Avid Park. The new long/short hedge fund is already closed to investors after having won $250 million in commitments, and will focus on technology stocks. read more

Lazard has shuttered an activist hedge fund focused on Korea, a vehicle that never lived up to its promise. read more

Relative-value credit hedge funds' good year is set to continue, according to an investor survey. read more

Retail investors appetite for alternative investments will continue to grow steadily, McKinsey & Co. predicts. read more

Overlook Partners had a rough June and a rougher second quarter. But the firm's US$2.2 billion flagship remains among the best-performing hedge funds of the year. read more

SkyBridge Capital has set its sights on Asia. read more

Affiliated Managers Group has boosted its stake in credit hedge fund BlueMountain Capital Management. read more

The Texas Permanent School Fund took its first steps towards shifting from funds of hedge funds to strategic partnerships and saving itself tens of millions of dollars in fees. read more

Prime brokerage firm Concept Capital Markets has hired a team of seasoned sales professionals to complement its existing institutional sales and trading effort. read more