Daryl Flint’s Double Haven Capital Management (Hong Kong) Limited this week announced the acquisition of hedge fund platform, DragonBack Capital Limited. The hedge fund had previously been using the platform to outsource its risk management and other back office functions. »

Amundi ETF has launched an exchange-traded fund designed for investors seeking to take positions on the Japanese equity market, while benefiting from daily currency hedging on NYSE Euronext in Paris. »

FLAG Capital Management, a private capital investment manager, is to acquire Squadron Capital, a Hong Kong-based private equity investment firm with USD1.5bn in assets under management. »

Guernsey’s new foundations legislation, which is currently awaiting Royal Assent from the Privy Council before it comes into effect later this year or in early 2013, has already caught the eye of practitioners in Asia. »

The Abu Dhabi Investment Authority (ADIA) has appointed Marc Keirstead as chief financial officer of its private equities department, effective immediately.  »

Ramius, the alternative investment management business of Cowen Group, is partnering in Japan with GreensLedge Capital Markets and its affiliate GreensLedge Asia. »

Asian contemporary art brokerage Art Futures Group has opened its first gallery designed to make art investment more accessible to a broader range of investors. »