CDC Group, the UK-based private equity fund-of-funds operator, is to invest $250m (£126m) in to three Indian infrastructure and real estate funds, joining a growing list of foreign groups targeting the sectors.
Hedge funds post their best performance in their first two years, producing lower returns as they get older and larger, according to a study published today.
Drake Management has pulled the plug on its $2.5bn flagship 'Global Oportunities' hedge fund after failing to secure enough support from investors to keep it operating.