London-headquartered Omni Partners has launched its third secured lending fund, Omni Secured Lending Fund III LP, with initial commitments of approximately USD60 million, and a target of USD400 million of assets. The firm writes that OSL III provides its underlying
Catalyst Funds, an alternative-focused mutual fund company, is converting a fifth hedge fund product – the Catalyst/Millburn Hedge Strategy Fund (MBXIX) – to a mutual fund. It is the latest alternative offering from Catalyst that brings an investment strategy once
Ellipsis Asset Management (Ellipsis AM) has retained Societe Generale Securities Services (SGSS) to provide master-feeder solutions to support the distribution of its French flagship funds in Europe. Since January 2016, Ellipsis AM has launched two new sub-funds within its UCITS
BlackRock and Bank of America’s asset management business, BofA Global Capital Management, have completed a transaction transferring investment management responsibilities of approximately USD80 billion of AUM currently managed by BofA Global Capital Management to BlackRock. The assets of five taxable
Angel Oak Capital Advisors is acquiring the Rainier High Yield Fund as part of the Angel Oak Trust. Shareholders voted to approve the reorganisation of the Fund and its investment team into the Angel Oak High Yield Opportunities Fund. The
CNO Financial Group has invested in a non-controlling minority stake in Tennenbaum Capital Partners (TCP), a Los Angeles-based investment management firm with over USD6 billion in committed capital under management. TCP will continue to operate on a stand-alone basis
The Chartered Alternative Investment Analyst (CAIA) Association, a global leader in alternative investment education, has embarked on its first international branding campaign. Titled “Mind the Gap,” CAIA’s new campaign incorporates creative advertising in the London Underground system, social media outreach
The US Commodity Futures Trading Commission’s (CFTC) has added 23 companies to its Registration Deficient or RED list. The RED list is made up of unregistered foreign entities that the CFTC believes are soliciting and accepting funds from US residents
Hedge funds gained 2.53 per cent in March, its best month since January 2012 when it rose 3.10 per cent, according to the Barclay Hedge Fund Index. The Index is down 0.88 per cent after three months in 2016. “Rebounding
The Depository Trust & Clearing Corporation’s (DTCC) Global Transaction Services, a full-service straight-through-processing (STP) offering automating trade lifecycle events between firms, processed 817 million trades in 2015, up 16 per cent since the end of 2014. Over 3,800 investment managers,
