COO of Lehman’s hedge fund business sets up in Oz

LibertyView was acquired by Neuberger Berman, a subsidiary of Lehman, in 2003. Following the manager’s closure and the crushing demise of Lehman Brothers, Lane relocated to Sydney with his family.

 

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Canada establishes new SWF amidst global push for nation-building investment

Canada has established its first national-level sovereign wealth fund with a seed of C$25 billion to underwrite “nation-building” projects like ports, mines and energy infrastructure. In an unusual funding mechanism, the fund will issue a retail product that will allow individual investors to invest with the SWF and “participate in Canada’s growth”.

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