The City of New Haven’s Employee Retirement Fund has invested USD8m in IndexIQ’s multi-strategy hedge fund replication separately managed account vehicle. This allocation represents the first time the City of New Haven’s Employee Retirement Fund has invested in a hedge
Interview with Matt Mulry – Last year’s Weavering case, in which Justice Jones QC examined in detail the role of independent directors and the operation of a Cayman fund, proved to be a watershed moment for the Cayman Islands. Neither
Multiplicity Partners has broadened its service offering to include valuation services and advisory on alternative investment strategy implementation and product selection. Roger Rüegg, partner at Multiplicity, says: “Our typical mandate on illiquid assets covers many aspects of the alternative investment
NewAlpha has launched NewAlpha Genesis 4, a contractual fund currently being established with a view to invest in French and foreign hedge funds run by early-stage fund managers. NewAlpha aims to raise EUR200m from European institutional investors, family offices, private
Managed futures lost 0.77 per cent in May, according to the Barclay CTA Index compiled by BarclayHedge. “The slowing of growth in China, fears of a double-dip recession in the US, and a European liquidity crisis precipitated a sharp decline
Gottex Fund Management’s core hedge fund strategies and solutions business is to focus on offering bespoke and specialised hedge fund products and solutions to institutional clients around the world in 2013. The firm intends to expand its product offerings and
By James Williams – Last week GLG Partners – now part of Man Group – hosted a “Bulls and Bears” breakfast roundtable. Ben Funnell, Chief Equity Strategist and portfolio manager for long only and UCITS-III global equity mixed asset funds,
Akira Yaku and Kentaro Ishizaki, former proprietary traders at Mizuho Securities Co., have announced plans to start a Japan-focused hedge fund. Due to launch on 1 July, the Alithion Japan Fund, backed with USD22 million (2 billion yen) from Marubeni
The International Securities Lending Association is to partner with FinTuition to provide an introduction to securities lending course. The introductory course is a one-day module designed to give attendees a broad overview of the securities lending industry. Isla expects to
It takes at least USD250m in assets for a hedge fund to be self-sustaining on its management fees alone, while the largest hedge fund firms incur significant additional costs due to complexity and size, according to the first global survey
