Culross appoints Hitesh Bharkhda as chief operating officer

London-based fund of hedge funds group Culross Global Management, which has some USD450m in assets under management, has announced the appointment of Hitesh Bharkhda as chief operating off »


Island set to benefit from funds expansion

PricewaterhouseCoopers has had an office in the Isle of Man since the firm's days as Coopers & Lybrand, and as a key provider of advisory and audit services to the financial sector has monitore »


Charlemagne Capital launches first Middle East and North Africa fund

Specialist emerging markets hedge fund manager Charlemagne Capital has announced the launch this month of its first Middle East and North Africa fund, the Magna MENA Fund, which will inves »


Former Eaton Vance chief James B. Hawkes joins Central Park board

Alternative investment advisory firm Central Park Group, which provides private clients and smaller institutional investors with access to hedge funds, private equity, real estate and fund »


Triple A Partners to seed Korea-focused long/short fund

Asia Alternative Asset Partners (Caymans), an Asian alternative fund seeding and distribution business that has as a strategic investor CLSA Asia-Pacific Markets Group, an institutional re »


Smith review gives hedge funds sector fresh impetus

The Isle of Man may trail some of its competitors as a domicile and servicing centre for hedge funds and other alternative vehicles, but the island's financial sector practitioners and regulators a »


GAM Star Absolute EuroSystematic offers Ucits III long/short European equity strategy

GAM has launched GAM Star Absolute EuroSystematic, an absolute return fund that uses the Ucits III framework to offer retail clients access to a strategy involving long and short investmen »


Russia-focused fund becomes first listing on London's Specialist Fund Market

A hedge fund focusing on Russia and the former Soviet Union, Da Vinci CIS Private Sector Growth Fund, has become the first listing on the Specialist Fund Market, the London Stock Exchange's new market »


Alternative investment industry favours external regulation, says PricewaterhouseCoopers

Nearly three-quarters of senior alternative investment professionals taking part in a survey by PricewaterhouseCoopers believe that the industry should be regulated more formally, while on »


HFN administration survey finds USD 2.76trn in hedge fund assets

More than 60 administrators serviced USD2.76trn in assets managed by 13,804 hedge funds at the end of the first quarter, according to the third survey of hedge fund administrators by indus »


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