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Baillie Gifford US Growth trust boasts positive results ahead of imminent Saba vote. Baillie Gifford US Growth trust (USA) has backed its recent performance in the face of an upcoming general vote that would see its board ousted and replaced by representatives from the New York activist hedge fund Saba Capital Management, L.P.. Will Crighton, CFA. Check out Linus Uhlig's latest article 👇  https://incm.pub/3WnDGna #investing #assetmanagement #wealthmanagement #finance

Saba shows no signs of stopping despite Herald defeat as ‘the battle is still far from over’. Manhattan-based activist hedge fund Saba Capital said it “remains committed to putting shareholders’ interests first” and “ultimately rehabilitating” a “broken” UK investment trust sector, despite two thirds of Herald investment trust (HRI) shareholders' votes cast against all eight of its resolutions. Will Crighton, CFA. Check out Linus Uhlig's latest article 👇 https://incm.pub/3PQ0kRn #investing #assetmanagement #wealthmanagement #finance

John A. Willding II and Donta Dismuke authored an article for The Texas Lawbook that explores if the #SEC exceeded its authority in regulating private funds through its recently proposed joint rulemaking with #FinCEN and details how the rulemaking will change the landscape for private and venture capital fund work. John and Donta also provide insight into a recent Fifth Circuit decision that could curtail the joint rulemaking as well as other existing and pending regulation. They say until the regulatory framework is fully settled, private fund advisers should continue to be mindful of the rapidly evolving legal landscape. Learn more: https://lnkd.in/g7yvP6V6 #AML #CFT #TexasLawyers #StinsonInDallas

Record numbers of Hargreaves Lansdown clients vote in Saba investment trust saga. Hargreaves Lansdown has seen record shareholder voting activity in meetings requisitioned by US activist hedge fund Saba Capital in the battle against seven UK investment trusts. Emma Wall. Check out Linus Uhlig's latest article 👇 https://incm.pub/42AhmdX #investing #assetmanagement #wealthmanagement #finance

Pleased to share our latest insights on the updated Jersey Private Fund Guide, which includes some key changes that could have a real impact on fund managers and investors. The updated guide brings clarity to governance, outsourcing and investor counting criteria, to name a few changes. If you’re involved in Jersey’s private fund sector or considering setting up a fund, this is definitely worth a read. You can check out the full article here: https://lnkd.in/eZ46E9uR If you'd like to chat about how these updates might affect your fund strategy just get in touch. #Jersey #InvestmentFunds #PrivateFunds Tatiana Collins (nee Brissova) Dilmun Leach Kirsten Faichnie Adam Diamond

The investment trust sector continues to face an existential threat from the US hedge fund Saba which is led by Boaz Weinstein. Although Saba has failed to seize control of the Herald trust, others remain under siege. Is this intervention a wake-up moment for savers - and also for the boards and managers of trusts? Absolutely. This week's Daily Mail Business Investment Extra. #investing #investmenttrusts #takeovers

I had several people reach out with interest in the Triangle Tweener Fund asking for details on the accreditation requirement. It's a SEC requirement and here's a quick guide on what an accredited investor is and how our partner AngelList verifies-> https://lnkd.in/gidDDWP3

How is Fidelis Private Fund Structured as an Entity and how is it Licensed

Fortress Investment Group is seeking to raise about $1 billion for its latest fund in litigation finance, a sector in which it’s becoming a powerhouse, according to people familiar with the matter. The new fund, dubbed Fortress Legal Assets Fund II, would be more than double the size of the prior version that closed in 2021, the people said. With Esteban Duarte https://lnkd.in/dqpj797Z

Janus Henderson ESCT slams Saba for continued ‘misleading statements’ as it defends its record. Janus Henderson’s European Smaller Companies trust (ESCT) has criticised Saba Capital for continuing to “make misleading statements” about the trust’s performance, as the battle between the US activist hedge fund and seven UK investment trusts rumbles on. Janus Henderson Investors Check out Linus Uhlig's latest article 👇 https://incm.pub/4h2YvMI #investing #assetmanagement #wealthmanagement #finance