Sign up for free newsletter

 

Deals and Transactions

deals and transactions
Manny Roman, chief executive officer of Man

Man Group to acquire Numeric

Thu, 19/06/2014 - 11:02

British hedge fund manager Man Group is to acquire Numeric Holdings, a privately-owned, Boston-based quantitative equity manager with USD14.7 billion of funds under management as at 31 May 2014. »

Exit sign

Exhilway exits hedge fund business

Fri, 13/06/2014 - 09:32

Exhilway has exited “risky" hedge fund business by reassigning the operational rights to a large private investor group in Australia in lieu of market linked variable royalty, payable every year by the investor group. »

Commodities

Euronext and Dalian Commodity Exchange sign MOU

Thu, 12/06/2014 - 16:01

Euronext has signed a memorandum of understanding (MOU) with the Dalian Commodity Exchange (DCE) to carry out joint research into the promotion, distribution and trading of commodity products. »

Joined hands

Apsley forms alliance with major insurer to distribute AIFMD insurance product

Wed, 11/06/2014 - 17:10

Insurance provider Apsley Specialty has joined forces with Lloyd’s Pembroke Syndicate 4000 to provide capacity for its insurance offering to the alternative asset management sector. »

Acquisition

Man Group's M&A strategy may boost scale and diversification, says Fitch

Wed, 11/06/2014 - 12:40

Man Group's deal to acquire Pine Grove is part of a selective acquisition strategy that may boost the firm's diversification and scale, according to Fitch Ratings. »

Handshake

361 Capital enters into partnership with Lovell Minnick Partners

Wed, 11/06/2014 - 09:05

361 Capital, an asset management firm specialising in liquid alternative investments, has entered into a strategic partnership with private equity firm Lovell Minnick Partners. »

Acquisition

Man Group to acquire Pine Grove Asset Management

Mon, 09/06/2014 - 11:03

Man Group is to acquire Pine Grove Asset Management, a USD1bn US-based fund of hedge fund manager specialising in the management of credit-focused hedge fund portfolios. »

Acquisition

North Street Global acquires LA-based hedge fund administrator

Fri, 30/05/2014 - 13:00

North Street Global Fund Services, an alternative asset administrator, has closed on its acquisition of Los Angeles-based hedge fund administrator Hedge Solutions. »

Announcement

Man Group confirms Numeric Investors acquisition talks

Fri, 30/05/2014 - 11:52

UK-based hedge fund manager Man Group has confirmed that it is in talks to acquire Boston-based fund management group Numeric Investors. »

Document signing

EEX and Kazakh commodity exchange Caspi sign cooperation agreement

Wed, 28/05/2014 - 10:07

The European Energy Exchange (EEX) and the Kazakh commodity exchange Caspi JSC have concluded a cooperation agreement. »

Document signing

Liquid Holdings and ConvergEx Prime Services sign joint marketing agreement

Thu, 22/05/2014 - 16:00

Liquid Holdings Group has signed a joint marketing agreement with ConvergEx Prime Services, the prime services division of ConvergEx Group.  »

Handshake and money

Northern Lights and WHV invest in EAM Investors

Thu, 22/05/2014 - 13:07

Northern Lights Capital Group and WHV Investment Management have invested in EAM Investors, a California-based manager which focuses on small and micro-cap equities. »

Handshake and money

Northern Lights acquires Buick Capital stake

Thu, 15/05/2014 - 06:01

Private equity firm Northern Lights Capital Group, a provider of strategic capital and resources to boutique asset management firms, has made an investment in Buick Capital Partners. »

Completed stamp

BNY Mellon completes acquisition of HedgeMark International

Tue, 06/05/2014 - 06:00

BNY Mellon has completed its acquisition of HedgeMark International, a provider of hedge fund managed account and risk analytic services. »

merger

LGT Capital Partners completes merger with LGT Capital Management

Tue, 06/05/2014 - 06:00

LGT Capital Partners has completed its merger with LGT Capital Management as of 25 April 2014. LGT Capital Management will be fully integrated as of 1 June 2014.  »

Joined hands

Global Derivatives Indices forms partnership with Tullett Prebon Information

Wed, 30/04/2014 - 12:02

Global Derivatives Indices (GDI), a wholly owned subsidiary of Global Markets Exchange Group International (GMEX Group), is forming a strategic collaboration with Tullett Prebon Information (TPI). »

Wheat

Euronext strengthens delivery process for flagship milling wheat contract

Tue, 29/04/2014 - 10:04

Euronext has signed a tripartite agreement with grain storage specialist Sénalia and LCH.Clearnet SA. »

Acquisition

Goldman Sachs Asset Management to acquire Westpeak Global Advisors

Thu, 24/04/2014 - 11:33

Goldman Sachs Asset Management (GSAM) has entered into an agreement to acquire smart beta business Westpeak Global Advisors. »

Euros

Clearstream acquires Citco’s hedge fund custody processing business

Wed, 23/04/2014 - 10:51

Clearstream is acquiring Citco’s Cork-based financial institution hedge fund custody processing business for a sum in the mid double digit million euro range. »

Bermuda

FRMO Corp invests in Bermuda Stock Exchange

Mon, 21/04/2014 - 18:11

FRMO Corp has purchased a 37.57 per cent stake in the Bermuda Stock Exchange (BSX) and is now the exchange’s largest shareholder. »

Handshake and money

BTIG secures CLSA investment

Mon, 14/04/2014 - 16:00

BTIG, a financial services firm specialising in institutional trading and related brokerage services, has secured a strategic investment from CLSA. »

Acquisition

GEMS Group acquires Kenmar-Olympia

Mon, 14/04/2014 - 06:01

Absolute return manager GEMS Groups has received legal and regulatory approval for its acquisition of Kenmar-Olympia. »

Index

FTSE TMX Global Debt Capital Markets acquires MTS’ indices business

Wed, 09/04/2014 - 06:01

FTSE TMX Global Debt Capital Markets has acquired the indices business of MTS, whose indices track the performance of the largest and most widely traded government issued securities in European bonds. »

Investments

Napier Park Global Capital receives allocation from Topwater Capital

Fri, 04/04/2014 - 14:05

Napier Park has received a managed account allocation from an investment fund managed by Topwater Capital, a division of Leucadia Asset Management. »

Bitcoins

GoldMoney spins off Bitcoin-focused Netagio

Fri, 04/04/2014 - 12:20

GoldMoney has separated its digital currency-focused arm, Netagio Limited, which it launched in December 2013, from the GoldMoney group. »

Partnership

Investcorp and Eyck Capital Management form relationship

Fri, 04/04/2014 - 10:06

Investcorp's US-based hedge fund business and Eyck Capital Management, a London-based investment manager led by Khing Oei, have formed a strategic relationship. »

Handshake

IA Englander transfers MA&PS to Concept Capital

Mon, 31/03/2014 - 12:26

IA Englander & Co has agreed to transfer its managed account and prime services platform (MA&PS) to Concept Capital Markets. »

Up arrow

European non-core loan sales up 40 per cent, says PwC

Tue, 25/03/2014 - 14:11

2013 was a record year from a transaction perspective with EUR64bn of Europe’s non-core loans sold as part of portfolio transactions last year, a 40 per cent increase on the previous year, according to PwC.   »

Acquisition

Mitsubishi UFJ Fund Services acquires Meridian Fund Services Group

Thu, 20/03/2014 - 06:01

Mitsubishi UFJ Fund Services, a global asset administrator, has acquired Meridian Fund Services Group, a fund administrator with USD14bn of assets under administration (AuA). »

Trading screens

Liquidnet expands into fixed income market with acquisition of bond trading platform

Wed, 19/03/2014 - 06:01

Global institutional trading network Liquidnet is planning to enter the fixed income market with its acquisition of bond trading platform Vega-Chi. »

features
Article
Ken MacCuish, Intralinks

A couple of years ago, the title Chief Information Security Officer, or CISO for short, was a foreign concept within the hedge fund community. The winds have changed, however, as hedge funds become increasingly targeted by cyber hackers, causing many to hire a CISO to uphold the network integrity of the firm.  ... »

Article
Sovereign Wealth Funds

Sovereign wealth funds, though small in number and secretive in nature, wield considerable influence as investors as a result of their sizeable assets under management. This extract is taken from Preqin’s latest report which features exclusive content from the 2015 Preqin Sovereign Wealth Fund Review.  ... »

Special report
Hedgeweek Special Report: Hedge Fund Administration

Hedge Fund Administration 2015

Tue, 16/06/2015 - 09:57

Mergers and acquisitions in recent years have changed the face of hedge fund administration. Big custodial banks are likely to dominate the HFA space in years to come, forming one part of a barbell with a number of well-run, well-capitalised independent HFAs on the other end. This report examines the implications for both hedge funds and their administrators... »

Article
North America

Private debt in North America

Fri, 05/06/2015 - 12:06

The North American private debt industry has seen substantial growth in assets over the last decade. This extract from the Preqin Special Report: Private Debt in North America looks at the current state of private debt fundraising and funds currently in market. ... »

Special report
State Street Global Advisors – Volatility and the benefits of downside protection strategies

State Street Global Advisors has unveiled the results of an in-depth survey of 420 senior executives within global private and public pension plans, endowments, foundations and sovereign wealth funds, summarised in this keynote Hedgeweek Special Report... »

latestjobs
Compliance Officer, Vice President, Private Banking

Fri, 03 Jul 2015 00:00:00 GMT

Senior C++ Developer | Prop Trading | Chicago

Fri, 03 Jul 2015 00:00:00 GMT

Credit Risk AVP/VP | Singapore

Fri, 03 Jul 2015 00:00:00 GMT

events
3 days 21 hours from now - Hong Kong
2 weeks 1 day from now - Rhode Island
specialreports