03 Apr 2023
DTCC makes exec leadership team appointments
The Depository Trust & Clearing Corporation, the post-trade market infrastructure for the global financial services industry, has made…
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31 Mar 2023
Investor vigilance driving more independent director appointments
A shift in economic conditions which are more conducive to new fund formations will also help support growth in the industry. Butler notes…
Technological innovation powering the Cayman Islands
Technology has fundamentally shifted the landscape of the investment industry and, as players in the Cayman Islands embrace this progress,…
Hedge fund launches on the up heading into 2023
New hedge fund launches were on the rise in Q4 2022 as the industry headed into 2023, with 96 funds making their debut, rising from 71, the…
Brevan Howard appoints CTO in New York and IR exec in Singapore
Brevan Howard, the Jersey-headquartered global macro hedge fund firm, has continued its recent hiring spree with the appointment of Subhek…
Hedge funds reverse course in Jan with $3.94bn net inflows
After eleven straight months of redemptions, hedge fund industry flows reversed course in January as the industry posted $3.94 billion…
Bed Bath & Beyond terminates hedge fund deal
Struggling US home furnishings retailer Bed bath & Beyond has terminated its fundraising deal with hedge fund Hudson Bay Capital, and…
Schuss Capital launches small-cap merger arbitrage fund
Schuss Capital, a New York-based hedge fund that specialising in arbitrage strategies, has launched a new fund, with a target of $300…
LTX completes AWS migration
LTX, a subsidiary of Broadridge Financial Solutions Inc, has completed a successful migration of its AI-powered corporate bond e-trading…
Powers of the founder of Cayman Islands foundation companies
In 2017 the Cayman Islands’ Foundation Companies Act came into force. The act permits a new type of The Act introduced what was then a new…
Outbound investment screening: Where national security and corporate finance intersect
The year 2022 saw unprecedented level of sanctions imposed on Russia, as well as new and expanded sanctions controls targeting old foes…
From New York to the Caribbean: Why a European-focused fund manager relocated to the Cayman Islands
James Rasteh, founding partner of Coast Capital, had a compelling choice of jurisdictions when he made the decision to relocate from the…
Heralding Cayman Finance 2.0
If you’re a regular HedgeWeek reader, you probably already know that the Cayman Islands is the world’s number one domicile for alternative…
30 Mar 2023
Envestnet names three new directors following Impactive pressure
Envestnet Inc has added three new directors to its board following pressure from activist investment firm Impactive Capital, which has been…
Citadel's Tokyo office to reopen this year
Citadel, the hedge fund firm founded by Ken Griffin, is to make a 'comeback' in Japan with plans to reopen its Tokyo office later this…
