In United States tax law, a section 475(f) fund is a hedge fund that elects to mark to market all its unrealized gains and losses, as allowed by the provisions of section 475(f) of the Internal Revenue Code. This can lead to a much faster recognition of gain, but also lessens the tax fees due to the high cost of performing the appropriate analysis for a non-475 fund.
A 130–30 fund or a ratio up to 150/50 is a type of collective investment vehicle, often a type of specialty mutual fund, but which allows the fund manager simultaneously to hold both long and short positions on different equities in the fund. Traditionally, mutual funds were long-only investments. 130–30 funds are a fast-growing segment of the financial industry; they should be available both as traditional mutual funds, and as exchange-traded funds (ETFs). While this type of investment has existed for a while in the hedge fund industry, its availability for retail investors is relatively new.
A 130–30 fund is considered a long-short equity fund, meaning it goes both long and short at the same time. The "130" portion stands for 130% exposure to its long portfolio and the "30" portion stands for 30% exposure to its short portfolio. The structure usually ranges from 120–20 up to 150–50 with 130–30 being the most popular and is limited to 150/50 because of Reg T limiting the short side to 50%.
To strengthen its international acquisition strategy, EDGE has fully acquired the Strategic Development Fund (SDF), which will manage the group’s global portfolio through direct venture partnerships and venture capital investments.
The BRPs said the Vision Consortium had not provided acquisition funds by the time the BRPs were required by the lender group to provide a business plan that could be voted upon by the lenders on December 8...RGS Bidco intended to convert 100% of those funds into equity in THL.
30, 2023 /PRNewswire/ -- Santé Ventures (Santé), an early-stage healthcare and life sciences investment firm, has announced the acquisition of its Fund III portfolio company, Laminar, Inc., by Johnson & Johnson Medtech ... time of its acquisition by Johnson & Johnson MedTech.
City ManagerTerry McGean said discussion topics will include funding and legislative options, as well as property acquisition. “It will be open to the public for the first two items, funding/financing options and legislation options, then it will move to closed session to discuss property acquisition,” he said.
is facing financial difficulties following the acquisition of the U.S.-based silicone company Momentive Performance Materials, with deteriorating performance of the subsidy amid increased debt from the merger and acquisition, potentially leading to severe capital pressure next year, according to industry officials, Thursday.
The acquisition, which comes just months after NomuPay’s Series A funding announcement, will enable the company to accelerate its business expansion efforts throughout South East Asia, Europe, Turkey as well as enter the Middle East... Since announcing its funding round earlier this year, NomuPay has continued to grow and expand its product offering.
This acquisition enables My Code to pursue future expansion through alignment with an investor that shares its mission ... This transaction is the third of Ariel Alternatives’ inaugural $1.45 billion fund, ProjectBlack, which closed in February 2023 ... “Today marks our Fund’s first acquisition in the marketing and advertising sector.
To strengthen its international acquisition strategy, Edge has fully acquired the Strategic Development Fund (SDF), which will manage the group’s global portfolio through direct venture partnerships and venture capital investments.
Exxaro's chief growth officer Richard Lilleike, who is leading the miner's mergers and acquisitions drive, told analysts that while the company was ... Exxaro said it had a net cash balance of R13.5bn at the end of October, as it builds a war chest of up to R15bn to fund acquisitions.
... with cash on hand and borrowings under the Company's existing term loan credit facilities and bridge facility to fund the cash portion of the consideration for the Company's previously announced acquisition of the climate solutions business of Viessmann Group GmbH & Co.
Rob Cosslett, fund manager at Schroders Capital, said. “Since its acquisition by the Fund in 2013, HartleburyTrading Estate has become Worcestershire’s premier trading destination – with industrial tenants recognising the site’s best-in-class facilities, and its strong transport connectivity.
Continues to execute external growth strategy with acquisition of Bridge Street Town Centre, a market-dominant open-air center ... The company funded the recent Huntsville and Asheville acquisitions totaling $263.5 million through cash on hand and draws on the company's credit facility.
Fund managers reduced exposure to China and swerved to Japan as the Tokyo stock market (.N225) surprised with a 28% rally this year ... In comparison, Japan-focused event-driven hedge funds - taking in special situations like mergers and acquisitions and activist investor campaigns - jumped 10% in the first 10 months.