Fund administration

Iridium selects LaCrosse to provide fund administration services

Iridium Asset Management has selected LaCrosse Global Fund Services to provide fund administration and operational support for its Iridium Alpha Fund, an Asian equity long/short strategy that invests in commodity-related sectors. »


Index

Dow Jones Credit Suisse Hedge Fund Index down 0.88 per cent in June

Early estimates indicate the Dow Jones Credit Suisse Hedge Fund Index will experience negative performance in June, with a 0.88 per cent decrease for the month. »


Ponzi scheme

CFTC charges Florida and Virginia residents over USD28m Ponzi scheme

The US Commodity Futures Trading Commission has filed an enforcement action charging Phillip Milton of Palm Beach Gardens, Florida, Gregory Center of McLean, Virginia, William Center of Richmond, Virgina, and their Florida-based company Trade with operating a Ponzi scheme involving approximately USD28m in connection with the Trade commodity pool. »


Akshaya Bhargarva, Butterfield Fulcrum

Butterfield Fulcrum names Michael Clark chief executive

Butterfield Fulcrum, an alternative fund administrator, has appointed Michael K. Clark as chief executive officer. »


John G. Finley

John Finley to join Blackstone as chief legal officer

The Blackstone Group has appointed John G. Finley as a senior managing director and chief legal officer, effective 1 September 2010.  »


Computer

Prime Fund Solutions launches fund of hedge fund service platform

Prime Fund Solutions, the former Fortis division in the process of being acquired by Credit Suisse, has launched a front, middle and back office service for fund of hedge funds managers. »


Down arrow and numbers

Hedge funds down 1.35 per cent in June

The Hennessee Hedge Fund Index declined 1.35 per cent in June, bringing its year-to-date performance to +0.20 per cent. »


Shaking hands

Lloyds TSB Corporate Markets appoints leveraged credit sales director

Lloyds TSB Corporate Markets has appointed Paul Osment as director for leveraged credit sales reporting to Martin Bates, head of capital markets sales. »


Gan Seow Ann, president of SGX

SGX and CME mutual offset arrangement to cover Nifty futures

Singapore Exchange and the Chicago Mercantile Exchange are extending their mutual offset arrangement to include the S&P CNX Nifty Index futures contract. »


Oakley launches opportunities fund of funds

Oakley launches opportunities fund of funds

Alternative asset manager Oakley Alternative Investment Management is broadening its range of strategies with the launch of Oakley Opportunities Fund. »


Upcoming events

4 weeks 5 days from now - Hong Kong
4 weeks 5 days from now - Ulaanbaatar
4 weeks 6 days from now - Dublin
5 weeks 4 days from now - California
5 weeks 4 days from now - California

Upcoming training

Sun, 24/08/2014 (All day) - Dubai
Wed, 10/09/2014 (All day) - London
Mon, 29/09/2014 (All day) - London