Sprott Asset Management, a USD10 billion Toronto-based alternative asset manager, has rolled out a second iteration of the firm’s private credit trust strategy, Sprott Private Credit Trust II, with hedge fund specialist Arif N Bhalwani. Bhalwani is the chief executive officer and managing director of Third Eye Capital Management, a sub-adviser to Sprott Asset Management.
FIX Trading Community has released Simple Binary Encoding (SBE) version 1.0 Draft Standard to support high performance demands in transactions and/or data feeds. Recent improvements in the speed of hardware, software and network connections have prompted the High Performance Working
RSRCHXchange, the online marketplace for institutional research, has formed a strategic partnership with Substantive Research, an independent curator of daily macroeconomic investment research for asset managers and asset owners. The partnership will close the gap between new research and point
Alternative investment manager CVC Credit Partners has held the final closing of its Global Special Situations Fund, which is focused on stressed and distressed corporate credit predominantly across Europe. The CVC Credit Partners Global Special Situations Fund received strong backing
CTA managers posted positive performance in the two full days of trading after the referendum results – Friday 24 June and Monday 27 June – according to Societe Generale Prime Services’ CTA Indices. In the immediate aftermath of the result
GAM has bought USD4 billion Cantab Capital Partners for a USD217 million upfront cash payment. GAM is also to launch the GAM Systematic investment platform, focused on quantitative investing across long only and alternative strategies. The firm writes that
Value Line Funds, a mutual fund company comprised of equity, fixed income and hybrid funds with assets exceeding USD2 billion, has completed the acquisition of the Alpha Defensive Alternatives Fund. The Fund has been renamed the Value Line Defensive Strategies
Apex Fund Services has seen its biggest growth month in the firm’s history by taking on USD2.7 billion worth of new business in June 2016, 60 per cent of which was converted from other fund administrators. The Apex Group added
Third Point Reinsurance has entered into new long term investment management agreements with Third Point (Third Point). At its inception in December 2011, Third Point Re retained Third Point as its exclusive investment manager under a five year investment management
Intercontinental Exchange (ICE), a leading operator of global exchanges, clearing houses and data services, has introduced the expanded ICE Data Services, bringing together proprietary exchange data, valuations, analytics, desktop tools and connectivity solutions from across ICE and the New York
