Top storyHedge funds
Quant hedge fund to spin out of Tudor in record $9bn launch
A quant hedge fund is set to spin out of Tudor in a launch reported at $9bn, described as a record.
Top storyHedge funds
A quant hedge fund is set to spin out of Tudor in a launch reported at $9bn, described as a record.
$43.4B in 18 final closes
Full league table →OpenAI has cut its latest funding round target by $10 billion to about $20 billion, with a desired valuation of $1.25 trillion, according to the FT. A UAE investor consortium including MGX is expected to be the largest participant, with Founders Fund, Coatue, Sequoia and Andreessen Horowitz also expected to take part.
JTC is undergoing a leadership transition, according to the headline.
Hines is targeting wealthy European investors with a new real estate fund.
U.S. Bancorp launched U.S. Bancorp Global Funds, an Ireland-based UCITS umbrella fund platform, with its first offering the U.S. Bancorp Liquidity – USD Treasury CNAV Fund, an offshore liquidity fund investing in short-term U.S. Treasuries and Treasury-backed repos.
North Haven Private Income Fund LLC agreed to merge with North Haven Private Income Fund A LLC, with the combined vehicle expected to hold $6.6 billion of investments in about 312 portfolio companies as of June 30, 2026. The base management fee will drop from 1.25% to 1.00% of net asset value effective January 1, 2027.
Silverstone Partners and JSB Capital Group closed HUD-insured Section 223(f) financing with Greystone for a four-property multifamily portfolio in Midland, Texas, with a fixed rate over a 35-year term.
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