08 Oct 2009
UBP names Daniel Kelly chief risk officer of alternative investment
UBP Asset Management, a fund-of-funds management company of Union Bancaire Privée, has appointed Daniel Kelly in New York as chief risk…
More
Shoreline strengthens prime brokerage unit
Shoreline Trading Group, a provider of prime brokerage and agency execution services, has hired Fredrik Schilling to focus on prime…
Syz & Co adds four sub-funds to Oyster family
The Swiss banking group Syz & Co has added four sub-funds to its Oyster fund family and has established a second experimental Sicav to…
Hedge funds’ AUM to total USD1.5trn in 2010, says Tabb
Hedge funds’ assets under management will total USD1.5trn in 2010, according to a report by Tabb Group.The report says the prime brokerage…
KKR appoints Arun Sarin as senior adviser
Kohlberg Kravis Roberts has appointed Arun Sarin as a senior adviser. Sarin (pictured) is the former chief executive officer of mobile…
CFTC asks whether 17 contracts perform significant price discovery functions
The US Commodity Futures Trading Commission has issued a notice of intent to undertake a determination whether 17 contracts offered for…
Galena Asset Management soft closes flagship Galena Fund
Galena Asset Management has officially soft closed its flagship Galena Fund. Existing and prospective clients are no longer able to…
HedgeOp enters alliance with Strata to provide compliance solution
HedgeOp Compliance, a provider of compliance software and consulting services for alternative asset managers, has entered into an alliance…
07 Oct 2009
MFA reaffirms support for enhancing oversight of private pools of capital
The Managed Funds Association has reaffirmed its support for proposals that would enhance the transparency and regulatory oversight over…
SEC approves new exchange rules for breaking erroneous trades
The Securities and Exchange Commission has approved new exchange rules for breaking stock trades that deviate so substantially from current…
Sixth annual Hedge Fund Rocktoberfest to be held on 8 August
A Leg To Stand On, a New York based charity which helps disabled children in developing countries by providing corrective surgeries and…
Vale Inco is first minor metals brand listed on London Metal Exchange
The London Metal Exchange has listed its first minor metals brand – Vale Inco Electrolytic Cobalt Rounds from Canadian producer Vale Inco –…
Hedge funds gain ground in August as stock markets edge upward
After flying high in July as global markets traded in a consolidation mode, the Credit Suisse/Tremont Broad Hedge Fund Index eased in…
Equinoxe AIS expands Irish operation
Equinoxe Alternative Investment Services, a provider of administration services to the hedge fund industry, is to expand its Irish…
06 Oct 2009
Recovery beckons for Jersey’s private equity sector
The past 12 months have represented a difficult period for the private equity sector in Jersey as everywhere, but industry professionals…