Latest Financial Industry News - Convergence Inc https://www.convergenceinc.com/category/industry-news/ Data Service Driven to the Next Level Thu, 30 Mar 2023 19:47:28 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.3 https://www.convergenceinc.com/wp-content/uploads/2021/06/cropped-logo_large-120-32x32.png Latest Financial Industry News - Convergence Inc https://www.convergenceinc.com/category/industry-news/ 32 32 Prime brokers fight for clients after Credit Suisse’s exit | Reuters https://www.convergenceinc.com/prime-brokers-fight-for-clients-after-credit-suisses-exit-reuters/ Sat, 18 Feb 2023 05:33:03 +0000 https://www.convergenceinc.com/?p=113116 https://www.reuters.com/business/finance/prime-brokers-fight-clients-after-credit-suisses-exit-2022-09-16/

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]]> RAO Global – The Year of COP26 https://www.convergenceinc.com/rao-global-the-year-of-cop26/ Thu, 10 Mar 2022 17:24:34 +0000 https://qxykz.beeweb-red.io/?p=109796 The post RAO Global – The Year of COP26 appeared first on Convergence.

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]]> Convergence Insight #3 – BREXIT https://www.convergenceinc.com/convergence-insight-brexit/ Wed, 06 Jul 2016 13:01:27 +0000 https://www.convergenceinc.com/?p=25846 In the wake of the BREXIT, we looked into the growth of UK Alternative Investment Advisors registered in the United States to determine patterns that may have signaled their views on BREXIT. Our time series data points to a significant slowdown in the growth of their SEC Registered Advisors in 2016 compared to the first […]

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]]> In the wake of the BREXIT, we looked into the growth of UK Alternative Investment Advisors registered in the United States to determine patterns that may have signaled their views on BREXIT. Our time series data points to a significant slowdown in the growth of their SEC Registered Advisors in 2016 compared to the first half of 2015 as measured by the number of funds launched and private fund assets they raised. Considering that popular opinion deemed BREXIT less likely, did UK Managers get it right?
Convergence data shows that in first half of 2015, UK-based SEC Registered Alternative Investment Advisors launched 282 private funds and increased PFRAUM by $190bn compared to the first half of 2016, where they launched 109 new funds and only increased PFRAUM by $2bn. In fact, only 56 of 342 Advisors added new funds this year while 34 closed funds.
Convergence will track and report the behavior of UK Advisors operating in the US in future insights.

Convergence Insight #3 - BREXIT

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]]> Convergence Insight #2 – June 27th Alternative Asset Management Industry Independent Valuation of Assets https://www.convergenceinc.com/insight-june-27th-filing-frequency/ Mon, 27 Jun 2016 21:23:45 +0000 https://www.convergenceinc.com/?p=25827 Hedge Funds report that 70% of their reported gross assets are valued by independent 3rd parties whereas Venture Capital Funds report 4% and Private Equity Funds report 12%. Why do PE Funds use independent valuation 3 times more often than Venture Capital?

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]]> Convergence Insight #2 - June 27th Alternative Asset Management Industry Independent Valuation of Assets
Hedge Funds report that 70% of their reported gross assets are valued by independent 3rd parties whereas Venture Capital Funds report 4% and Private Equity Funds report 12%. Why do PE Funds use independent valuation 3 times more often than Venture Capital?

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