SWFI facilitates sovereign fund, pension, endowment, superannuation fund and central bank events around the world. Sovereign Wealth Fund Institute (SWFI) is a global organization designed to study sovereign wealth funds, pensions, endowments, superannuation funds, family offices, central banks and other long-term institutional investors in the areas of investing, asset allocation, risk, governance, economics, policy, trade and other relevant issues. Registration on or use of this site constitutes acceptance of our terms of use agreement which includes our privacy policy. All material subject to strictly enforced copyright laws. Its portfolio includes opioid treatment provider. Two Sigma Impact has invested roughly 370 million in six companies. No affiliation or endorsement, express or implied, is provided by their use. ImpactAlpha, April 17 Two Sigma Impact, the impact investing arm of the 58 billion hedge fund Two Sigma, has raised 677 million to invest in creating quality jobs in healthcare, education and training and other businesses. Other third-party content, logos and trademarks are owned by their perspective entities and used for informational purposes only. Sovereign Wealth Fund Institute® and SWFI® are registered trademarks of the Sovereign Wealth Fund Institute. © 2008-2023 Sovereign Wealth Fund Institute. Founded in 2000 and headquartered in Boston, MA, CFGI serves the Office of the CFO as an independent advisor to assist with complex accounting and process improvement needs. All existing shareholders are reinvesting in the transaction in partnership with CVC, including funds managed by global investment firm Carlyle (NASDAQ: CG), co-founders and co-CEOs Nick Nardone and Shane Caiazzo, and the partners of CFGI. In November 2021, Antares disclosed it was the acting as administrative agent on senior secured credit facilities to support CVC Capital Partners Fund VIII’s investment in CFGI. ![]() The company was an early adopter of telemedicine and currently delivers about half of its services via the medium. Community Medical Services is credited with opening the nation’s first 24-hour opioid treatment-on-demand center in Phoenix in 2017. The company aims to provide high-efficacy treatment for opioid use disorder (OUD) while reducing the stigma associated with it. Two Sigma Impact is the impact investment unit of hedge fund giant Two Sigma Investments.įounded in 1983 and headquartered in Scottsdale, AZ, Community Medical Services operates more than 45 clinics in 9 states. Antares Capital is a subsidiary of Antares Holdings LP. The tensions were already affecting the ability of employees to fully implement key research, engineering or business initiatives, according to the filing.Antares Capital Backs Acquisition of Community Medical Services by FFL Partners and Two Sigma ImpactĪntares Capital served as sole lead arranger and is acting as administrative agent on senior secured credit facilities to support the acquisition of Community Medical Services (CMS) by FFL Partners and Two Sigma Impact. John Overdeck and David Siegel, who founded the firm in 2001, disagreed over Two Sigma’s organization and succession plans, according to a March 31 regulatory filing. Earlier this year, the firm said a falling-out between its billionaire co-founders had become so strained that it qualified as a material risk. The news marks the latest potential disruption for Two Sigma investors. “We take this matter extremely seriously and are reviewing this incident to determine what changes should be made to prevent similar misconduct,” the firm said in the letter. ![]() It also said the incident didn’t affect the accuracy of investor account statements, and that it’s not expected to interfere with the firm’s normal operations. “If we conclude that a fund experienced losses as a result of this misconduct, we are prepared to remediate appropriately,” the firm said in the letter. The firm said it’s still assessing the impact of the misconduct. Preliminary results from Two Sigma’s review suggest the actions led to “gains to some client portfolios and losses to others.”Ī representative for the New York-based firm declined to comment. “One of our researchers engaged in intentional misconduct by circumventing our modeling practices,” the firm wrote in a letter to investors Friday. Israelis Taken Hostage Were Ripped From Everyday Activities Israel Latest: Scores of Civilians, Soldiers Kidnapped by Hamas Hamas Attack Prompts Blame Around Israeli Intelligence Israel Latest: Israel Death Toll Rises to 700 US Sends CarrierĪs Israel-Hamas War Rages, Oil Traders Focus on Iran (Bloomberg) - Quant hedge fund Two Sigma Investments said it put a researcher on leave after the employee tampered with the $60 billion firm’s models, which resulted in losses for some clients.
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