Castle Hall Alternatives, the hedge fund industry’s leading specialist provider of operational due diligence, and Orchard Harbour, an expert provider of due diligence in Australasia and Asia, today announced that they had formed a strategic partnership. Castle Hall will utilise
Fortigent, a provider of outsourced wealth management solutions for financial advisors and institutions targeting high net worth clients, has selected IndexIQ’s IQ Hedge Multi-Strategy SMA Portfolio as an Alternative Investment solution for the firm’s Access Overlay customisable UMA program. Fortigent’s
RBC Dexia Investor Services has won a mandate from Tages Capital SGR, a newly-launched independent investment management company based in London, Luxembourg and Milan. RBC Dexia will provide depository bank, fund administration and shareholder services to Tages Capital’s domestic
Institutional alternative investment manager Crestline Investors has partnered with Denali Capital, a syndicated commercial loan asset management firm, to further expand a collateralised loan obligation (CLO) platform. The business will operate under the name Crestline Denali Capital. Denali Capital
Exhilway has exited “risky" hedge fund business by reassigning the operational rights to a large private investor group in Australia in lieu of market linked variable royalty, payable every year by the investor group. The deal will not result in
Euronext has signed a memorandum of understanding (MOU) with the Dalian Commodity Exchange (DCE) to carry out joint research into the promotion, distribution and trading of commodity products. The exchanges will also look to develop new strategies for improving the
Insurance provider Apsley Specialty has joined forces with Lloyd’s Pembroke Syndicate 4000 to provide capacity for its insurance offering to the alternative asset management sector. Pembroke, a wholly owned subsidiary of Ironshore Inc, operates as a syndicate within the Lloyd’s
Man Group's deal to acquire Pine Grove is part of a selective acquisition strategy that may boost the firm's diversification and scale, according to Fitch Ratings. Business diversification could mitigate the risk of outflows driven by market volatility and investors'
The Reserve Bank of India’s (RBI) guidelines on securitisation transactions could promote the long-term growth of the Indian securitisation market, pending clarity on the tax treatment of Pass-Through-Certificates (PTCs), Fitch Ratings says. Fitch believes that the requirement for a minimum
Northern Lights Capital Group and WHV Investment Management have invested in EAM Investors, a California-based manager which focuses on small and micro-cap equities. Northern Lights and WHV will be teaming up with EAM to grow its international business, consisting of
