Cairn Capital has structured and placed GBP263.2m in commercial mortgage backed securities (CMBS) notes for Debussy DTC. The deal is the first CMBS transaction in Europe not arranged by a bank. The notes, issued in exchange for Debussy warehouse
Man Group has completed the acquisition of Numeric Holdings, a privately-owned, Boston-based quantitative equity manager with USD14.7 billion of funds under management. Manny Roman, chief executive officer of Man, says: “We are delighted to announce the completion of the acquisition
Toronto-based Acuity Investment Management has launched a new pooled fund that combines long and short strategies, the Acuity Pooled 130/30 Fund, to help investors maximise return potentia
Elliott Management Corporation has sent a letter to the board of directors of Riverbed Technology offering to acquire all of the firm’s outstanding shares of common stock at USD19.00 per share in cash. Elliott, affiliates of which collectively own or
Bitcoin, gold and sterling exchange Netagio has partnered with Isle of Man payment services provider WalPay, allowing customers to deposit funds and receive international payments in GBP, EUR and USD. Further currencies are to follow. The new banking facilities,
Alceda Fund Management SA has teamed up with APN Property Group (“APN”), a specialist Asia Pacific real estate investment manager to redomicile a former Cayman fund to a Luxembourg SICAV Specialised Investment Fund (SIF). The fund strategy invests in a
Spring Valley Asset Management (SVAM), a newly formed alternative investment manager specialising in the development of quantitative futures-based trading strategies, has launched the SVAM Tactical Trend Portfolio. The Tactical Trend Portfolio seeks to generate superior absolute and risk-adjusted returns across
Highland Capital Management has launched its first European regulated fund and will act as the sub-advisor of the BB Highland Floating Rate Fund. The fund has been launched as an Irish Qualified Investor Fund (QIF) in partnership with BB DTVM,
The performance of traded life settlement vehicle Assured Fund at a time of unprecedented volatility is attracting major institutional interest, according to fund manager Policy Selection,
CBOE Futures Exchange plans to launch futures trading on the CBOE/CBOT 10-year US Treasury Note Volatility Index (VXTYN) beginning on 13 November, pending regulatory review. CBOE chief executive Edward Tilly made the announcement during his address to attendees at the
