London-based derivatives analytics company, OpenGamma is expanding its business into North America. The firm’s expansion plans come as regulatory and macroeconomic pressures continue to hit hedge funds and asset managers with offices all over the world. Specific rules on clearing
Tradex Global Advisors, a privately held hedge fund, has acquired JCL Capital Partners and launched Tradex Realty Partners, a real estate finance company that originates and/or acquires senior loans collateralised by institutional quality real estate in well-located, supply constrained markets. Tradex
EPIC Holdings is to acquire Integro Holdings, a specialty insurance brokerage and consulting business in the US with revenue in excess of USD150 million. Financial terms of the proposed transaction have not been disclosed. Integro USA brings to EPIC expertise that is
Stockholm-based systematic asset manager IPM has completed an extensive re-branding project aimed at clearly defining and representing the company’s brand values. IPM, which has USD8.7 billion in assets under management from institutional clients throughout Europe, North America, and Asia, conducted
Euronext, the leading pan-European exchange, has approached the Board of Directors of Oslo Børs VPS Holding ASA to seek its support for a EUR625 million cash tender offer for all the outstanding shares of the Norwegian Stock Exchange and national
BNY Mellon has been appointed as depositary for a significant proportion of the alternative investment holdings of Alceda Asset Management GmbH in Germany and Alceda Fund Management SA in Luxembourg. The mandate also covers assets held in alternative investment funds
Phoenix Fund Services has won the contract to provide the middle office, fund accounting and transfer agency services for the Coppertree Dynamic Fund. The Coppertree Dynamic Fund is a Bermuda domiciled fund with an absolute return investment objective through investing
Hedge funds posted their strongest start to a calendar year since 2000, with significant contributions from strategy areas which underperformed in 2011, according to data released today by HFR. The HFRI Fund Weighted Composite Index gained 2.14 per cent in
Kinetic Partners, the global professional services firm to the asset management, banking and broking industry, has acquired AB Fund Services, the Luxembourg-based fund advisory firm. AB Fund Services advises on regulatory and compliance requirements for investment funds domiciled in Luxembourg,
The Exchange Council of the European Energy Exchange (EEX) has welcomed the expansion of the product portfolio on the power derivatives market and agreed on the addition of new products in the rulebook. EEX plans to introduce a number of
