BNY Mellon has been appointed trustee and portfolio administrator on Avoca Capital CLO X, a EUR311m collateralised loan obligation (CLO). The facility is managed by Avoca Capital and arranged by Credit Suisse. Avoca Capital and BNY Mellon have worked together
A study commissioned by NYSE Euronext, operator of the New York Stock Exchange, has found support for tighter restrictions on short selling of stocks, going as far as an outright ban in ce
Fixed income investing firm Brownstone Investment Group has further expanded its trading platform with the addition of emerging markets (EM) debt. Brownstone will focus initially on Latin American corporate bonds and quasi-sovereign credits domiciled in Brazil, Mexico, Colombia, Chile and
The hedge fund industry faces challenges in 2012, but also a year of significant opportunity, according to a Barclays Capital report, The Money Trail, released today. The report contains analysis based on a survey of 165 investors conducted at the
PineBridge Investments has closed a EUR335m collateralised loan obligation (CLO) fund. Euro-Galaxy III CLO BV will invest primarily in European senior secured loans. Barclays Bank PLC arranged the transaction. The transaction features a variable funding note (VFN) that provides
The shareholders of three Standard Chartered funds of hedge funds within the Alternative Investment Fund (AIF) platform have been invited to join the umbrella fund LCF Edmond de Rothschild Prifund
Hedge fund manager Absolute Capital Management, which has struggled to recover from the abrupt exit of chief investment officer Florian Homm last S
Montreal-based Castle Hall Alternatives, a provider of hedge fund operational due diligence, has appointed Gillian Scott as a managing director to
Interview with Tim Clipstone, Partner, Walkers BVI – The recent ruling in September 2011 by Justice Edward Bannister QC not to allow the liquidators of Fairfield Sentry – the largest hedge fund invested in Bernard L Madoff Investment Securities LLC
The Washington-based hedge fund industry organisation Managed Funds Association has called on the Bank of England to intervene to expedite the release of billions of dollars in hedge fund
