Fund industry executives Glenn Henderson (pictured) and Tim Calveley have completed the acquisition of fund administrator, Butterfield Fulcrum, in partnership with BV Investment Partners, a leading middle market private equity firm, following regulatory and government approvals. The acquisition includes FORS
Laffitte Capital Management has launched an arbitrage equity fund using a Ucits III format, called Laffitte Equity Arbitrage. The fund’s strategy is to detect the best arbitrage opportunities in Europe and in North America by using a double thematic approach.
Butterfield Fulcrum, an independent alternative fund administration company, has partnered with MindTree, a global IT solutions company, to deliver technology solutions for the alternative fund administration industry. Butterfield Fulcrum has deployed technology to provide greater flexibility, transparency and control to
Hennessee Group, an adviser to hedge fund investors, believes the equity markets are likely to continue their momentum heading into the end of the year and lead to additional gains for investors during the month of December. Charles Gradante, co-founder
Alternative Asset Management has launched the A2M Lion Fund, a multi-strategy fund that combines the non-correlated strengths of both the foreign exchange and equity futures markets. Underlying managed accounts have combined assets of over USD170m. The fund will invest in
Nexar Capital Group SCA, a global alternative investment manager, has acquired Ermitage Limited, one of Europe’s pioneering alternative asset management organisations, from Caledonia Investments plc. Founded in 1975, Ermitage has successfully served its long-standing client base with a diverse offering
Deutsche Börse now has 100 Eurex and Xetra participants, vendors and service providers using its two Proximity data centres in Frankfurt. The centres provide the low latency and the high bandwidth of the Enhanced Broadcast Solution and Enhanced Transaction Solution
Managed futures struggled in October as stock market trend reversals and a surge of non-directional volatility compromised many trading models, according to a report by Lipper Tass. Nevertheless, some discretionary managers, fundamental-driven mean reverting strategies, and carry-trade models were profitable
Evolved Alpha’s flagship Multistrategy is opening to new investors following their first year of operations. Performance has been strong with the Multistrategy share class up 5% year-to-date, while showing little correlation to beta benchmarks or other hedge funds. Evolved
The National Futures Association has accepted a settlement offer from Blue Sky Capital Management Corp and its principal, Gregory M. Schneider, to permanently withdraw from NFA membership. Blue Sky Capital Management Corp is a commodity trading adviser and commodity pool
