by Michael Panzner | Dec 28, 2015 | Angel Investing, VC and P2P
The pre-IPO market is under pressure; demand for initial public offerings appears to have hit its peak; and the mergers & acquisitions boom is looking tired, to say the least. Under the circumstances, few would be surprised to hear that the venture capital... by Michael Panzner | Dec 21, 2015 | Hedge Funds, Managed Futures
There’s little doubt that the hedge fund sector has not been performing well. As of the end of November, the HFRI Fund Weighted Composite index was up 0.3% for the year, which trails the modest gain of just under 3% in 2014. Although aggregate returns are... by Michael Panzner | Dec 21, 2015 | Angel Investing, VC and P2P, Pre-IPO Shares
It’s been less than a month since “Pre-IPOs: Square Slips Through a Growing Hole” was published, but there is already plenty more evidence that the best days for the privately-held start-up market are behind it. As CNBC noted, “the unicorn club... by Michael Panzner | Dec 14, 2015 | Private Equity
The year isn’t over, but the volume of mergers and acquisitions activity in 2015 has already exceeded its 8-year old record. So far, $4.35 trillion worth of deals have been struck worldwide, with a little more than half in the U.S. Interestingly, while private... by Michael Panzner | Dec 14, 2015 | Portfolio Management
It’s long been said that portfolio diversification is the closest thing to a “free lunch” that an investor can get. However, the suggestion that more is better may be somewhat misleading. Even assuming that diversification provides the risk-reduction...
