In 2015, 42 hedge fund deals were either closed or were announced globally. This is much more than the 32 transactions which had closed in 2014. This was reported in the 4th edition of M&A review of the hedge fund industry by Madison Street Capital.
Even the transaction volume was nearly 27% higher in 2015 than in 2014 as reported by AUM. There was a wave of transactions that took place during the fourth quarter of 2015 which helped to create this momentum. Hence 2016 is being considered as a record year with regard to the hedge fund M&A transactions.
The reports suggest that the assets of the hedge fund industry are high even though 2015 had seen a mediocre performance in the hedge fund strategies. This is why institutional investors are now increasingly focusing towards allocating in alternative asset management as they hope to achieve much higher returns that can match the rising liabilities. This is why the smaller hedge fund managers are trying hard to attract new capital. This has forced them to operate much below their optimal capacity levels. The managers have to incur high operational costs this way. Meanwhile, they have to face downward pressure on their fees too. All these factors have resulted in the hedge fund managers seeking strategic alternatives in order to enhance returns.
This is why the Madison Street Capital reputation is at stake when they forecast about the deal environment for this industry. Madison Street Capital feels that the hedge fund industry was strong in 2015. It is going to become even stronger in 2016.
A huge variety of deal mechanisms is going to be used for accommodating the buyers as well as sellers. This is where Madison Street Capital talks about traditional M&A, as well as transactions being structured in the form of seed or incubator deals. Next are the revenue-share stakes, besides the PE stakes. There will be PE bolt-ons too besides others.
The hedge fund industry is highly fragmented. But Madison Street Capital forecasts that it will continue with its consolidation. This will be in the form of opportunistic partnerships. These would be able to bridge distribution and the product offering.
This way Madison Street Capital is forecasting a lot of growth in the hedge fund sector. This will be bringing forth a lot of high-value returns. Hence this sector is open to a lot of speculation in 2016.
Visit http://madisonstreetcapital.org/ for more information.
Recruiting medical practitioners can be an overwhelming task. Important questions arise when deciding on whom to employ. Where do you get the best personnel? Can your advertisement platform reach the cream of the society in the medical or legal field?
Besides getting the best employees, recruitment requires that you hire the most experienced persons who can move your business forward with minimum supervision. Bearing these facts in mind, it becomes almost impossible to hire employees on your own. Learn more about Brian Torchin: https://www.behance.net/briantorchin and https://vimeo.com/briantorchin
Luckily, Health Care Recruitment Counselors (HCRC) performs outstanding hiring services that are guaranteed to give you the best medical and legal professionals worldwide. Led by Brian Torchin, HCRC is the largest and most respected recruitment agency in the US, Europe, and Asia.
According to Glassdoor, Brian Torchin has excelled in both medical and staffing field. Being a medical professional and a licensed chiropractic has boosted his integration with potential health practitioners. His long experience in dealing with staff hiring has given him an upper hand in selecting the most suitable candidates in health matters and the legal profession.
Having created a platform in which health professionals search for a job placement is one of his biggest achievements. Torchin’s Facebook and twitter accounts are flooded with employment opportunities for qualified persons to apply. HCRC ensures that the individuals invited for interviews are highly competent and can work in their particular area of expertise comfortably.
HCRC contributions towards candidates looking for placement do not end with interviews. The organization trains the interviewees to ensure that they are well rounded in their field. An employee who passed through these talented hands is assured of the best employment opportunity and satisfaction to the employee.
With a minimum fee, employees are guaranteed of the best hands that will propel their establishments to the highest level.
The New York State Bar Association has, in partnership with Legal.io, launched an online Lawyer Referral and Information Service (LRIS) portal for New York residents in need of lawyers. The new service comes as a huge relief to New York residents because it aims at offering convenience as well as an easier way of acquiring legal help. The system is expected to build confidence among users because they will link with attorneys whose credentials are in line with the New York State Bar Association.
In brief, the new online service is expected to operate as follows:
- The client will visit the portal through (https://nysbalris.legal.io) where they will fill out a questionnaire explaining the nature of their legal issue and location.
- After the questionnaire is reviewed, a State Bar staff will match the client with an attorney within the same location.
- Once the client has met with the attorney who they had been referred to, there is a $30 consultation fee for the first 30 minutes except for matters of social security, medical malpractice, and personal injury. The fee does not also apply to issues of veterans and military law, and unemployment or worker’s compensation.
- The client may choose to retain the attorney; therefore, incur additional charges to be agreed by both parties.
In 2016, the New York State Bar Association’s trained workers were able to handle over 10, 000 phone calls from the public. The addition of the online system will drastically increase the number of clients. Therefore, it will enable attorneys to reach more individuals in need of legal advice. The New York State Bar Association is the largest state bar association in the United States, and it has been matching clients and attorneys for 35 years.
Jeremy L. Goldstein
Jeremy L. Goldstein is a partner at Jeremy L. Goldstein & Associates LLC, a law firm in New York. Before establishing his firm, Jeremy Goldstein was a partner at the company Wachtell, Lipton, Rosen & Katz. Jeremy Goldstein has been a part of numerous corporate transactions in the past not to mention the acquisition of Goodrich by United Technologies.
Jeremy Goldstein has also overseen the acquisition of Duke Energy/Progress Energy; Sanofi-Aventis/Genzyme and Merck/Schering-Plough Corporation among many others. Jeremy Goldstein is presently the chair of the Mergers & Acquisition Subcommittee of the Executive Compensation Committee of the American Bar Association Business Section. He is also listed as prominent executive compensation lawyer in Chambers USA Guide to America’s Leading Lawyers for Business and The Legal 500.
Follow Jeremy Goldstein on twitter.
End Citizens United (ECU) continues to be the voice of reason in the American political arena. Top of its agenda currently, is the question of whether Russia conspired with President Donald Trump to rig the last presidential election in his favor. This was fueled by the firing of James Comey, the former FBI Director. The organization is planning to seek answers to this pressing question through the Senate by pressurizing it to lobby for an independent investigation into the matter. If everything goes according to plan, the Senate will be pressurized from all angles, from media ads to grassroots mobilization, leaving it no other option but to act. This energized push has put several Republican senators in the spotlight, with plans of compelling them to support the investigations underway. Some of these senators include, among others, Pat Toomey of Pennsylvania, Rob Portman of Ohio, Ronald Johnson of Wisconsin, Steve Daines of Montana, Susan Collins of Maine, and Dean Heller of Nevada.
The Progress this Far
According to Tiffany Muller, the End Citizen United’s principal, the American democracy is anchored on secure and transparent elections. He, therefore, pointed out that the concerns raised by the people regarding the last elections are genuine and ought to be addressed sufficiently. To do that, the Congress must select a nonpartisan investigations committee to dig deeper into the issue. If this doesn’t happen, Tiffany argued that the Americans would lose faith in the country’s electoral system. Tiffany’s sentiments are shared by more than 220 members of Congress from both sides of the political divide as well as Independents. Some are in support of an investigative committee while others see a special prosecutor as the best bet for the job. An extra 50 members raised concerns on how President Trump sacked James Comey, with majority suspecting something fishy in the whole saga.
End Citizen’s Support of Jon Ossoff
This new campaign is in line with End Citizens United’s continued push for sobriety in American politics. Formed with a motive of mobilizing liberal citizens to reject the Supreme Court’s Citizen United decision, ECU has since become a major player in the country’s politics. The organization successfully mobilized funds in support of liberal Democratic aspirants’ bid for Congress and Senate in last year’s election. Post-elections, End Citizen United continued to mobilize political funding for Democrats. In the run-up to next year’s special congressional election in Atlanta, the organization has put measures in place to ensure that Jon Ossoff, the Democrat candidate, scoops the seat. To this end, it has managed to raise half a billion dollars for his campaign, and more funding is in the pipeline. Ossoff has shaken the American political arena by managing to put up a serious campaign at only thirty years. End Citizen United views Ossoff as the hope that can deliver the seat from Republicans, bearing in mind that it was previously occupied by Tom Price, the Secretary in charge of Health and Human Services.