River and Mercantile Derivatives, part of River and Mercantile Group, has been awarded a GBP1.2 billion structured equity options mandate for Worcestershire County Council Pension Fund (the Fund). The Fund was seeking downside protection for its passive UK, US and
Blue Sky Alternative Investments’ hedge fund team has secured a new mandate for its flagship systematic global macro strategy, Dynamic Macro, via the Deutsche Bank platform, dbSelect. Blue Sky, Australia’s only listed diversified alternative asset manager has AUD3.4 billion assets
G10 Capital, an affiliate of Lawson Conner, is to be appointed as an alternative investment fund manager (AIFM) by Gresham House Asset Management in order to provide alternative fund management services to LMS Capital. The LMS portfolio, valued at just
FundRock Management Company has been selected by CRUX Asset Management to provide management company services to its new UCITS fund, the CRUX Global Fund. Services include the supervision of the delegated functions (portfolio management, central administration, distribution) and risk monitoring.
HSBC Securities Services (HSS) has been mandated as custodian and fund services provider by US-based asset manager DoubleLine Capital for its new Luxembourg UCITS umbrella. The new umbrella has initially launched with two sub funds, with potential further sub funds
Hatteras Funds, a provider of alternative investment solutions for financial advisors and their clients, has formed a partnership with private capital firm Portfolio Advisors to serve as sub-adviser for the Hatteras Core Alternatives Fund. In 2003, Hatteras Funds created the
The board of trustees of the Blackstone/GSO Long-Short Credit Income Fund (BGX) has approved a change in the fund’s investment guidelines. The change will increase the fund’s ability to invest in long investments while maintaining the limit of the fund’s
Ultimus Fund Solutions has been selected to launch and service the Peachtree Alternative Strategies Fund, a non-exchange traded closed-end fund. The fund, which originally started as a private fund of hedge funds, converted to a registered 1940 Act investment company,
Tikehau Capital is to manage the investments of Lyxor’s European senior debt funds in a deal which expands Tikehau’s leveraged loans and CLO business from EUR1.9 billion in assets under management to EUR2.6 billion, raising its total AUM to EUR9.8
TFG Financial Systems, a provider of real time risk monitoring solutions to investment managers, secured five new mandates in the third quarter from a Tier 1 bank, a mini-prime broker and three hedge funds globally. TFG believes the demand for
