Private equity investors are coping with the challenges of valuation and audit of alternative assets, but a majority say their documentation process may not meet new accounting standards for hard-to-price and hard-to-value assets, according to an informal survey by Northern

Luxembourg Financial Group and Ganymede Partners have launched the Luxembourg Alternatives Ucits Platform. LAUP is a one-stop independent and open-architecture platform for hedge fund managers to set up a Ucits III hedge fund or fund of hedge funds. More than

Trinity Fund Administration, a fund service provider to a wide range of alternative investment funds, has opened an office in the Cayman Islands. At a reception last week, the Premier of the Cayman Islands Hon. McKeeva Bush (pictured, centre, with

FBR Capital Markets, an investment bank serving the middle market, has launched a listed options platform which will be led from New York by Rich Winter, who has joined the firm as managing director. Joining him in sales are Josh

By Simon Gray – Switzerland is better known as a source of capital for the hedge funds, with its world-class private banking and wealth management industry, than as a hotbed of alternative fund managers. However, this largely low-profile sector has

By Lorcan Murphy – The hedge fund industry has been marked by fundamental changes in the attitudes and preferences of investors over the past three years. High new worth clients whose hedge fund investments experienced drawdowns in 2008 have become

David Cooke (pictured), a partner in the corporate department of Conyers Dill & Pearman in Bermuda, says that limited partners could find themselves exposed to unlimited liability in jurisdictions other than that in which the limited partnership is established –