Blue Owl taps ex-UBS boss for Asia private wealth push
Pak-Seng Lai joins as head of private wealth distribution in APAC at a time when the firm is pushing aggressively into the individual investor channel. Blue Owl Capital, the listed GP stakes and direct lending giant, has appointed a former UBS boss to lead its private wealth business in Asia, Private Equity International has learned. […]
Blackstone, Flush With Cash, Buys Into the Dip
While money has been fleeing stocks this year, there’s reason to believe that large private-investing behemoths are ready to step into rocky markets. “We have $135 billion of dry powder,” Jonathan Gray, Blackstone’s president and chief operating officer, said in a Bloomberg Television interview, adding that “prices, particularly in public markets and in sectors like technology, […]
Blue Owl co-founder warns of pitfalls in tapping retail investors
Retail investors want to be in alternatives for the same experience as institutional investors and should not be pushed on products, said Marc Lipschultz. The co-founder of Blue Owl Capital has warned that tapping the retail market will not be without pitfalls, a conference has heard. Read more
See You in Florida? Hedge Fund Conferences Return amid Omicron
It’s January, and hedge fund conferences in sunny Florida are back. After Covid-19-induced cancellations last year, some industry professionals are going to descend on the Sunshine State in the coming weeks for a series of conferences and sideline events giving managers a chance to pitch their funds to allocators. This year’s events come amid a […]
Hedge fund conferences are back. Here’s what you need to know about the can’t-miss events and the latest COVID protocols.
Hedge fund managers and investors will soon be packing their bags and heading to the Sunshine State as conference season heats up. After two years of virtual events, webinars, and Zoom fatigue, a slew of alternative investment events are set to begin — and they will all be mostly in-person this year, despite an explosion […]
Financiers and flaming hula hoops: DD goes to Miami
Thousands Return to Florida Conferences
Thousands Return to Florida Conferences Canceled by the coronavirus in 2021, hedge fund conference time in January in and around Miami Beach flourished this year, but this time with five, not three, capital-introduction conferences squeezed into just 15 days. Each of the five attracted hundreds or more attendees, and for the first time digital-asset managers […]
Side Letter: BC’s final close; LPs’ commitment diets; DC pension’s legal boost
PEI tuned into iConnections Global Alts ‘22 conference in Miami on Tuesday. Here are some highlights: “Commitment diet”. That’s a new phrase being used by the Robert Wood Johnson Foundation in relation to its allocation plans. “We’re only recommitting to existing managers, and we are trying to manage the bite size,” said CIO Brian O’Neil. […]
Side Letter: PE’s 24-hour reporting burden; Abraaj’s reckoning; Thrive’s latest Eaton hire
“The next round of funding for late-stage private companies is going to be harder to come by” David Ben-Ur, CIO of Blackstone Alternative Asset Management’s principal solutions and individual investor solutions businesses, told delegates at Tuesday’s iConnections conference that a rising rate environment will make growth investing a challenge. Read more
Volatility, leverage dominate Miami hedge fund week
Swanky resorts, expensive hotels, and even more expensive cars – the familiar trappings of the vast wealth controlled by the thousand-plus delegates descending on Miami this week for a trio of conferences known as ‘hedge fund week’ were on display. There were plenty of smiles on show too, but a few of them will have […]
