Digital Assets Report

Latest News

THL Credit Advisors has closed on a total of USD511 million in commitments to its third direct lending fund. Strong institutional investor demand from both existing and new investors enabled THL Credit Direct Lending Fund III and affiliated vehicles to exceed its target, driven primarily by the firm’s differentiated platform, and its origination and structuring capabilities in the lower middle market.   Founded in 2007, and with approximately USD10 billion of assets under management, THL Credit takes a proactive, disciplined, and creative approach to investment sourcing, underwriting and portfolio management. The firm’s lower middle market direct origination platform offers multiple
The shareholders of the European Energy Exchange (EEX) have elected a new Supervisory Board. The new EEX Supervisory Board is composed as follows: Dr Dirk Biermann, Managing Director, 50Hertz Transmission GmbH; Heike Eckert, Member of the Management Board, Eurex Clearing AG; Dr Nigel Hawkins, Head of Power & Fuel Portfolio Management, Enel Trade SpA; Peter Heydecker, Executive Director Trading, EnBW Energie Baden-Württemberg AG; Burkhard Jung, Mayor of the City of Leipzig; Dr Jürgen Kroneberg, Lawyer; Xavier Lafontaine, Head of Strategic Partnerships, Electricité de France SA; Michael Lockett, Director of Power Dispatch & Real-Time Trading, Uniper Global Commodities SE; Dr Hartmut
Hedgeweek Q&A with Mark Coriaty, Chief Strategy Officer, Eze Castle Integration HW: Talk about the advancement and evolution of cloud services in recent years and how we’ve ended up where we are.  MC: If you step back and look at the landscape over the last four or five years, we have seen a lot of changes both on the technology front, as well as within the financial markets. Whether the result of fund raising challenges or increasing regulatory demands, the landscape for alternative fund managers has changed significantly.  We’ve therefore had to adapt to the market and this includes three
Rates of funds processing automation by transfer agents (TAs) in the cross-border fund centres of Luxembourg and Ireland reached new highs in 2016, according to a new report published by The European Fund and Asset Management Association (EFAMA) in cooperation with SWIFT. The report is an on-going campaign by EFAMA and SWIFT to highlight the advancement of automation and standardisation rates of orders of cross-border funds. Twenty nine TAs from Ireland and Luxembourg participated in this survey.   The report reveals that the total volume processed by the 29 survey participants reached 34 million orders last year, while the total
FundRock Management Company has appointed Enda Fahy (pictured), to head up the Illiquid Alternatives function at its Luxembourg Headquarters.  FundRock, one of the largest independent UCITS and AIFM investment management companies in Europe, has recently opened its Irish branch and has announced its intention to acquire a UK-based ACD. FundRock, as part of its five-year strategy, is also developing its current AIFM business to cover illiquid assets.   Over the 15 year course of his career to date, Fahy has acquired extensive experience in the Real Estate and Private Equity industries. Prior to relocating to Luxembourg, he was based in
Increasingly, the search for alpha is pushing asset managers into the furthest corners of financial markets. New asset classes, new instruments and new geographies are conspiring to place huge pressure on pre-existing operating models as managers struggle to cope with the volume of investment data. Whereas previously the front office operated independently from the middle and back office, all three are converging to handle the data management task.  This, in short, is leading to a new investment management operating model; one that is more integrated, front to back. And is, in turn, being supported by service providers. Fund administrators, who
Since its first live deal in January 2017, the number of banks eligible to publish deals via Ipreo’s  Investor Access has doubled from eleven to twenty two. Investor participation in this industry-led initiative continues to grow, with an active community of one hundred investors able to view published deals and over thirty of those institutions enabled to enter orders electronically.   May marks a record month, with 69 deals run over Investor Access where investors have submitted orders and received allocations electronically. The number of deals published year to date is approaching 400, and more than 100 of these have
Calastone, the global funds transaction network, has successfully completion the first phase of its distributed market infrastructure proof-of-concept (PoC) to test the feasibility of using blockchain to develop a common global marketplace for the trading and settlement of mutual funds. The tested distributed infrastructure model proved capable of processing transactions equivalent to a full day’s trading sourced from across Calastone’s global transaction network, which spans over 1,200 fund distribution and fund manager clients across 34 markets.   Campbell Brierley, Chief Information Officer of Calastone, says: “Successful initial testing, involving a large volume of trades across a fully representative global market
Systematic alternative investment manager Devet Capital Investments has announced that assets under management have reached USD100 million, having risen from USD29 million in April 2016. “This is an important milestone for us, particularly as our asset growth has been fully organic without any involvement of seeders or accelerators,” says Irene Perdomo, co-founder, Devet Capital Investments.  The flagship program, Devet Capital Absolute Return Strategy, utilises systematic, market-neutral strategies on commodities’ futures. The strategy searches for statistically-defined anomalies in the shape of commodity curves that recur over time, seeking to produce consistent returns across different market regimes.   “We attribute our rapid asset
Broadridge Financial Solutions has formed a strategic alliance agreement with Spence Johnson, a provider of global institutional data and intelligence, to bring together retail and institutional data, benchmarking and analytics. The combined capabilities will generate a unique global view of the global asset management market.   This strategic alliance leverages Broadridge’s Global Market Intelligence, a platform for retail cross-border fund data and analytics that delivers detailed information on 80,000 retail mutual funds and ETFs globally, and Spence Johnson’s market leading institutional Money in Motion dataset that provides detailed analytics on institutional assets, flows and sales, tracking over USD7 trillion in

Special Reports

FeatureD

Events

16 May, 2024 – 8:30 am

Directory Listings