06 Jul 2007
Hedgemedia's AltInvestment Global News Round-Up: Och-Ziff aims to raise USD2bn through IPO
Och-Ziff Capital Management has joined the growing list of alternative asset managers jumping on the IPO bandwagon. The USD26.8bn outfit…
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Algorithmics offers most complete credit risk management solutions, says survey
Algorithmics Capital Analytics offers the world's most complete credit risk management solutions, according to Credit Risk Management…
Citi to acquire electronic market-making and proprietary trading firm ATD
Citi Markets & Banking has agreed to acquire Automated Trading Desk, a specialist in electronic market making and proprietary trading…
Hedgeweek people news round-up: Odey brings on board Newman Ragazzi team
Odey Asset Management has acquired Newman Ragazzi Partners, along with Michele Ragazzi, who becomes an Odey partner, his team of six, and…
Environment for commodities "best for 20 years", says Hexam's Payne
The commodities market is as strong as it has been for 20 years and will continue its cycle for far longer than expected, according to John…
Administrator GlobeOp pulls IPO following hedge fund's negligence lawsuit
Hedge fund administrator GlobeOp Financial Services has postponed its planned listing on the London Stock Exchange on Thursday after being…
05 Jul 2007
Fidessa European Trader Workstation expands connectivity with Madrid exchange
Fidessa group, a provider of multi-asset trading, market data and global connectivity solutions, has announced the addition of member…
Bramdean raises GBP131m for listed alternatives fund
Bramdean Asset Management has announced that its new alternatives fund, Bramdean Alternatives, has raised a total of GBP131m through a…
Paladyne offers Interactive Data pricing and reference data in hedge fund platform
Paladyne Systems, a provider of technology solutions for the hedge fund industry, has announced that it will use data from Interactive…
04 Jul 2007
Och-Ziff Capital Management unveils plans for IPO
Och-Ziff Capital Management Group has filed a registration statement with the Securities and Exchange Commission for a proposed initial…
B&G Holding raises EUR530m in secondary offering
Boussard & Gavaudan Holding, the Euronext Amsterdam-listed closed-ended investment company that acts as a feeder to a European…
MPC Investors strengthens Samsara team with analyst appointments
MPC Investors has appointed Steven Robertson and Eng Li Yap as equity analysts to support Ajay Gambhir, who joined the firm in May from…
03 Jul 2007
Bank of New York and Mellon complete USD50bn merger
Bank of New York and Mellon Financial Corporation have completed their merger to create the Bank of New York Mellon Corporation, which has…
One in three funds trading illiquid securities smoothes returns, says Riskdata
At least 30 per cent of hedge funds trading illiquid strategies are smoothing returns, according to research into the behaviour of more…
02 Jul 2007
Jupiter opens Asia Pacific hedge fund to external investors
The USD25m long/short Jupiter Asia Pacific Fund managed by Philip Ehrmann, which has been incubated since last December, initially as a…