Search results
Results From The WOW.Com Content Network
A closed-end fund, also known as a closed-end mutual fund, [1][2][3][4] is an investment vehicle fund that raises capital by issuing a fixed number of shares at its inception, and then invests that capital in financial assets such as stocks and bonds. After inception it is closed to new capital, although fund managers sometimes employ leverage.
Co-founder and partner, bulldog investors. Phillip "Phil" Goldstein is an American investor, former civil engineer, and manager of the hedge fund Bulldog Investors, known for its value-driven investment strategy, its activist investment campaigns and its focus on closed-end mutual funds. [1]
AUM. $168.9 billion (March 31, 2021) Number of employees. 581 (December 31, 2020) Website. virtus.com. Virtus Investment Partners, Inc. operates a multi-manager asset management business, comprising a number of individual affiliated managers, each having its own investment process and brand, and the services of unaffiliated sub advisers.
Adams Funds, formerly Adams Express Company, is an investment company made up of Adams Diversified Equity Fund, Inc. ( NYSE : ADX ), a publicly traded diversified equity fund , and Adams Natural Resources Fund Inc. ( NYSE : PEO ), formerly Petroleum & Resources Corp., a publicly traded closed-end fund focused on energy and natural resources stocks.
Saba is a Hebrew word meaning "grandfather" and is a tribute to Weinstein's grandfather, a survivor of the Warsaw Ghetto during World War II. [2][3] In early 2009, Weinstein had left the bank along with 15 members of his team to spin-off the group as a new entity named Saba Capital Management based out of the Chrysler Building in Manhattan.
Private equity funds, structured opportunities funds. AUM. USD $13.7 billion [1] Number of employees. 102 [1] Website. www.towerbrook.com. TowerBrook Capital Partners, L.P. is an investment management firm [2][3] headquartered in London and New York City. TowerBrook spun out of Soros Fund Management in 2005 [4] and became known for acquiring ...
As a closed-end fund valued at $6.7 billion, PSH was designed as a permanent capital vehicle from which investors would not be able to directly withdraw funds. [21] PSH reported 17.1% in returns since inception (December 2012–November 2017) under Ackman's management, 80% below the S&P 500. [22]
Business Development Company. A Business Development Company (" BDC ") is a form of unregistered closed-end investment company in the United States that invests in small and mid-sized businesses. This form of company was created by the US Congress in 1980 in the amendments to the Investment Company Act of 1940.