IKONIC Fund Services has chosen Nedelma Portfolio Amalfi to provide enhanced, dynamic reporting to its hedge fund clients. Now, IKONIC’s daily servicing clients will receive their fully reconciled and priced portfolio data on a T+1 basis via Nedelma’s dynamic and
David Shine, Partner – Corporate Department at international law firm Paul Hastings, comments on the news that US bound M&A deal activity in May surpassed the previous monthly record set in 2007… The aggregate dollar amounts are huge and are
Poplar Forest Capital, an investment management firm specialising in large and mid-cap value equities, has been selected by Progress Investment Management Company to manage a USD121 million large cap account. Progress is a manager of emerging investment managers. “We are
Irish accountancy firm MKO is joining with US accountancy firm, EisnerAmper, to form a new global network called EisnerAmper Global. MKO will now trade under the brand of EisnerAmper Ireland. Alistair MacDonald, managing partner of EisnerAmper Ireland, believes the firm
An affiliate of Fortress Investment Group is to become co-manager with Mount Kellett Capital Management of the Mount Kellett investment funds and related accounts (the funds). Mount Kellett affiliates will continue to serve as general partner of the Funds. Additionally, affiliates of Fortress will
Stephen Yates examines Preqin’s latest data on wind power deals, including aggregate deal value, average deal size and the most prominent regions for wind power deal activity. Preqin’s Infrastructure Deals module on Infrastructure Online includes extensive information on over 11,200
The European Securities and Markets Authority (ESMA) is calling for a modification of the UCITS Directive to take into account the clearing obligations for certain types of over-the-counter (OTC) financial derivative transactions under EMIR. Under EMIR, certain OTC financial derivative
Elliptic, a full-service bitcoin custodian for the capital markets, has partnered with developer API provider Gem to enhance Gem’s multi-signature bitcoin wallets. The most important part of holding bitcoin is safeguarding the private keys (or passwords) to the account. A
CME Group and FTSE Russell have entered into a licensing agreement establishing CME Group as a global partner for futures, options on futures and OTC cleared products on FTSE Russell. "We're pleased to partner with FTSE Russell to help investors
Algomi, the network company providing information-matching solutions for the optimisation of fixed income liquidity, has signed the 100th buy-side firm to its Honeycomb network globally. Algomi’s Honeycomb Network allows investment firms to see which dealer is best placed to facilitate
