By Simon Gray – The Isle of Man has suffered its fair share of the alternative fund industry’s woes during the past three years of financial crisis and economic downturn, especially with the loss of one of its largest fund
BlueCrest Capital Management has acquired the 25.5% partnership interests held by Man Group plc for a total consideration of USD633m. In addition, BlueCrest has also acquired the remaining partnership interests of retired co-founder Bill Reeves on proportionately similar terms. Man’s
By James Williams – On Monday 10 June 2013, phase two of OTC clearing for interest rate swaps and credit default swaps began under the Dodd-Frank Act. For the buy-side community, collateral management is set to become a more complex,
Intertrust Group Holding SA has acquired Close Brothers (Cayman) Limited and Close Bank (Cayman) Limited (together Close Brothers Cayman). The acquisition is subject to regulatory approval and is expected to complete in the coming months. Close Brothers Cayman is a
Emerging markets distressed debt fund manager Commercial Intelligence Funds Group (CI), aims to raise USD100 million for its Global Distressed Alpha Fund III (GDAF III) to invest in emerging market commercial and sovereign-backed debt and other claims. CI recently
By Mush Ali, One Ten Associates – COOs are playing an increasingly important role within start-ups, as investors want to have in place an individual with the background to handle the complexity of regulation and governance. Mush Ali of One
By Simon Gray – After more than 18 months of often-heated debate and a succession of drafts, frequently in contradiction with each other, in a process that sought to reconcile strongly-held opposing positions, European Union economic affairs and finance ministers
By Caroline Chan, Ogier – With 40 years’ experience, Guernsey has developed into a leading jurisdiction for the establishment of investment funds. For example, Guernsey remains the leader in non-UK listings on the London Stock Exchange, in terms of the
European investors have continued as active participants in US-listed equity options markets with directional and volatility strategies seeing significant growth in 2013. According to research from TABB Group – “European Trading of US Listed Options 2014: Shifting Demand in a
By Volaw Trust & Corporate Services Limited – The island of Jersey has been a key player in the international investment funds market for over forty years and has continually adapted its regulatory regime to facilitate the establishment and administration
