Apex Fund Services, a fund administration business with over USD10bn in assets under management, is opening of an office in Abu Dhabi during the second half of 2010. Approval has been received from the Department of Economic Development in Abu
Financial services firm Matrix has launched its first Ucits III fund. The Matrix Asia Ucits Fund will be one of the very few pan-Asian long/short equity funds and will be managed by Rupert Foster who has 16 years experience in
Brencourt Advisors has assumed portfolio management responsibility for Central Park Group Multi-Event Fund, a multi-strategy event-driven fund. The Fund invests in credit opportunities, merger arbitrage and equity special situations. It invests in a portfolio of "events" allocated across companies, sectors
Ernst & Young has appointed Stuart Phillips, who has extensive experience of emerging markets and the real estate sector following a number of years in Russia and Kazakhstan, as an aud
Sabre Fund Management is to launch a Ucits III fund, with daily liquidity, to allow access to the returns of its equity market neutral strategy, the Sabre Style Arbitrage Fund. The market neutral fund will invest in stocks chosen from
As the name of the conference implies, the Institutional Investor Education Benefit Forum, to be held in early May in San Antonio, Texas, seeks to build a foundation of new talent by getti
British hedge fund firm Man Group is to acquire rival GLG Partners in a deal worth GBP1.1bn (USD1.6bn). Following the conclusion of the acquisition, which has been structured as a merger and will see GLG’s ordinary shareholders receive USD4.55 per
Mohican Financial Management LLC, based in Cooperstown, New York and Wilton, Connecticut, was established by two brothers, Eric and Dan Hage in October 2002. Between them, the brothers have over 35 years of experience trading convertible securities. The Mohican VCA
Hedge fund management group SilverStreet Capital has appointed Edwin Doeg, who previously worked for Gartmore Investment Management for 17 years between 1984 and 2002, as a director.
US hedge fund equity commission revenue is expected to grow by nine per cent in 2010, rising to USD4 billion, according to the latest estimates released by TABB Group. According to Matt Simon (pictured), research analyst and author of TABB’s
