Independent fund and corporate services provider the Aztec Group has established two Jersey Private Funds (JPFs), the first funds to be formed since the regime’s inception on 18 April 2017. Introduced last month by the Jersey Financial Services Commission, the
FundRock Management Company has been selected by CRUX Asset Management to provide management company services to its new UCITS fund, the CRUX Global Fund. Services include the supervision of the delegated functions (portfolio management, central administration, distribution) and risk monitoring.
Michael Platt is the wealthiest hedge fund manager in the UK, according to the new edition of The Sunday Times Rich List, to be published on 7 May. Platt (pictured), the co-founder and managing director of London-based hedge fund BlueCrest
Wellfleet Credit Partners, the credit business of private investment firm Littlejohn & Co, has closed a USD457.8 million collateralised loan obligation (CLO), Wellfleet CLO 2017-1, the fourth CLO issuance for the firm. Benefitting from supportive market conditions and investor receptivity,
HSBC Securities Services (HSS) has been mandated as custodian and fund services provider by US-based asset manager DoubleLine Capital for its new Luxembourg UCITS umbrella. The new umbrella has initially launched with two sub funds, with potential further sub funds
The European Energy Exchange (EEX), part of Deutsche Börse Group, has closed on its acquisition of Nodal Exchange. Through this acquisition, EEX Group enters the North American energy trading markets, thereby expanding its global presence and membership base in line
Cohen & Steers is to launch the Cohen & Steers SICAV Global Preferred Securities Fund as part of its Luxembourg UCITS platform on 15 May 2017. Cohen & Steers has been investing in the preferreds market for more than a
The global hedge fund industry returned an average of +0.86 per cent in June and finished up the second quarter at +2.09 per cent, according to the June/2Q 2016 eVestment Hedge Fund Performance Report. The overall positive returns for hedge
Total assets managed by the top 100 alternative investment managers globally reached USD3.6 trillion in 2015, up 3 per cent on the prior year, according to research produced by Willis Towers Watson. The Global Alternatives Survey, which covers ten asset
Farallon Capital Management has completed fundraising for Farallon Asia Special Situations III and Farallon Asia Special Situations Master III, an Asia and Latin America focused private investment pool, with aggregate commitments of USD1.12 billion. "We are very excited to begin
