This report for Quarter 1 2013 by Kevin Arenson, Chief Investment Officer at Stenham, includes a market and economic review for the first three months of the year, a review of the Stenham multi-strategy portfolios and an outlook for the next quarter.

In this issue of DealMarket's digest: a look at the buyout of China's Focus Media, location-based advertising, and all that latest industry news.

Preqin’s April edition of Hedge Fund Spotlight reveals that long/short hedge funds outperformed all other strategies in Q1 2013. Long/short equity is also the most commonly sought-after single strategy by institutional investors, with 43% of investors that are planning on making new allocations to hedge funds in the next 12 months favouring this strategy.

In this edition of the digest: a look at what happens when deals are leaked and clean energy investment trends, as well as US angel investment news and European M&A dealmaking in 2013.

This month’s edition of Preqin's Infrastructure Spotlight takes a look at the most active infrastructure investors, examines the lates infrastructure news and analyses recent fundraising data.