Advent adds record number of Geneva clients in Q2

A record 15 new customers selected Advent Software's Geneva - an accounting platform for complex investment strategies and instruments, used by institutional asset managers, hedge funds, f »


International Asset Management promotes Morten Spenner to CEO

International Asset Management Limited "IAM", one of the oldest specialist fund of hedge funds managers in Europe, has promoted Morten Spenner to CEO. »


PSource IPO raises GBP30m despite tough conditions

Despite difficult conditions, Psource Capital has raised GBP30million for a London-listed hedge fund manager and has further cash-raising plans for the fund. »


Merrill Lynch settles with CFTC

Merrill Lynch is to pay USD500,000 to settle US Commodity Futures Trading Commission (CFTC) charges that it failed to distribute and file its commodity pools' annual reports in a timely ma »


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 »


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