Hedgemedia's AltInvestment global news round-up: Bear suspends redemptions in third fund

Bear Stearns, stalling in its attempt to staunch panic among investors, this week suspended redemptions in a third fund that is exposed to US mortgages. »


Advent software recruits 20 in response to EMEA growth

Advent Software, a provider of software and solutions for the global investment management industry, has recruited 20 new employees to service and support its growing EMEA (Europe, the Mid »


Bank of Ireland to launch alternative investment administration in Northern Ireland

Bank of Ireland Group has announced plans to establish a specialist business in Belfast to service the rapidly growing offshore alternative investment funds market and specifically the hed »


St Peter Port completes 9 pre-IPO investments totaling GBP10m

St Peter Port Capital Ltd it has completed nine pre-IPO investments totaling about GBP10m, taking its total investment in pre-IPO deals to about GBP23m since its launch three months ago. »


LODH on top in EuroPerformance-Edhec Alpha League Table for Switzerland

Edhec and EuroPerformance have released their annual rankings of the top Swiss asset management companies: the Alpha League Table. »


ISE shareholders approve merger with Eurex

Shareholders of the International Securities Exchange have voted to approve the merger agreement of ISE and Eurex which, upon completion, will create the leading transatlantic derivatives »


Change of investment adviser for Royal Bank of Canada ARC Fund Limited

Royal Bank of Canada ARC Fund has appointed Saguenay Capital as Investment Adviser to the fund. »


Caceis to acquire alternative fund administrator Olympia Capital International

Caceis, a leading European institutional securities services provider, has signed an agreement to acquire fund administrator Olympia Capital International and its affiliates, which special »


P-Solve Alternative Investments reappoints quantitative risk manager

P-Solve Alternative Investments, a USD375m fund of hedge funds manager, has announced the return of Dr Lee McCulloch-James as quantitative risk manager, reporting to chief investment offic »


LRG forms strategic partnership with Tokyo-based Arque Orion Group

LRG Capital Group, a global merchant bank that manages the BayStar Capital Investment Funds, has entered into a strategic partnership with the Arque Orion Group, which operates a growing w »


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