Despite ending the second quarter on a positive note, hedge fund strategies’ performance retreated in June as global markets moved sideways, according to a report by Lipper.
GlobeOp Financial Services saw record net income of USD33.7 million in 2010, according to the company’s preliminary results for the year ended 31 December, 2010. Assets under administration (AuA) increased 37% to USD149 billion as at 31 December 2010 versus
Victory Park Capital (VPC), an alternative asset management firm that provides direct financing solutions to small cap and middle-market companies, has completed fundraising for VPC Fund II, its distressed private equity and debt vehicle, with capital commitments of approximately USD480
Newedge is to develop its clearing facilities for interest rate swaps (IRS), thus extending its leading position in central clearing. Newedge’s entrance into this space significantly expands its existing activities and complements its leadership in global exchange-traded and cleared derivatives
Osmosis Capital, a specialist asset manager focused on the development of low carbon investment solutions for institutional investors, has appointed Augentius Fund Administration as the
EBF & Associates has announced the closing of Merced Partners III, a USD567 million value and real asset opportunities fund. The fund is a six-year lock-up vehicle and is the successor to Merced Partners II, a similar USD474 million fund
CQS and 100 Women in Hedge Funds (100WHF) are funding a garden created to highlight the work of the national children’s charity WellChild. The WellChild Garden at Chelsea aims to raise awareness of the important role gardens and outside spaces
The Depository Trust & Clearing Corporation says more than 1,300 investment funds participating in the syndicated loan market and administered by more than 80 fund managers are now
And now, for once some good news on the regulatory front.
Jersey Finance says it is encouraged by the contents of the European Securities and Markets Authority (ESMA) report on the Alternative Investment Fund Managers Directive (AIFMD), which was published last week and contains its final recommendations to the European Commission.
