Man Group has agreed to acquire GLG Partners for USD1.9bn in an all cash transaction. The deal is the largest acquisition by Man Group to date. Other acquisitions by the UK hedge fund firm include RMF Investment Group (USD832m), Refco
According to the results of a poll by SEI, the majority (63 perc ent) of alternative investment managers are optimistic about their firm’s prospects over the next three years, and of those, a full 50 per cent feel this way
The RBC Hedge 250 Index had an estimated net return of 0.90 per cent in April, bringing the year-to-date return of the index to 2.81 per cent. The return for March 2010 has been finalised at 1.68 per cent. The
According to a report released today by Oliver Wyman, the AIFMD will lead to some re-domiciliation of alternative investment funds to onshore locations in Europe, mainly from European based managers. However, the offshore centres – Caymans and Delaware – will
Keep up with regulatory obligations using Bowne ComplianceTrak, an integrated tracking, monitoring and reporting system specifically designed to meet the needs of hedge fund professionals. Bowne ComplianceTrak will help you build a solid foundation for your compliance program. To sign
Law firm Carey Olsen says restructuring work carried out by its corporate team in Jersey has revived the fortunes of Close Global Funds, Close Brothers’ flagship offshore investment vehicle, lifting the suspension of trading of the main fund on the
Reyl Asset Management, the asset management arm of Geneva-based wealth management firm Reyl, has launched an Irish fund of hedge funds that specialises in seed and early stage investments in hedge funds. The Reyl Accelerator Fund will be advised by
Advent Software has more than doubled the number of certified project management and consulting team members supporting clients in Europe, the Middle East and Africa during the past 12 months. The team now includes more than 65 qualified Advent consultants
Hedge fund strategies’ performance posted mixed results for April, with the Lipper Hedge Fund Composite Index ending the month almost flat at 0.02 per cent. Other hedge (+1.65 per cent) was the best performing strategy for the month, benefiting from
Starting a hedge fund is a major undertaking that requires a methodical approach and experienced partners. Eze Castle has identified several key criteria firms should consider when launching a fund – everything from real estate and operational infrastructure to marketing
