Art collectors may have a “once-in-a-generation opportunity” to invest capital gains in economically depressed areas around the country, according to Cresset Partners.
Aberdeen Standard Investments and Hedge Fund Research Inc. are charting new territory by creating a fund that tracks HFR’s broad index of 500 hedge funds.
In a memo sent to owners, the league says it’s exploring the potential formation of “a new capital vehicle that could purchase passive, minority ownership interests across multiple NBA teams.”