The Pittsburgh office of global law firm K&L Gates has appointed Brian Vargo and Michelle Repp as partners in the firm’s investment management, hedge funds and alternative investments and corporate/M&A practices, respectively. Vargo joins the firm from Dechert LLP, while Repp returns
Ipreo and Hamilton Lane have launched Private Market Connect, a joint venture developed to help solve the existing data challenges faced by Limited Partners and address the information inefficiencies that exist throughout the private markets globally. Private Market Connect will
Societe Generale Prime Services has created the new SG CTA Mutual Fund Index, a performance benchmark for 1940 Act US registered mutual funds that pursue managed futures strategies. The new CTA Mutual Fund Index is the fourth daily index designed
Exchange Data International (EDI), a provider of global security corporate actions, pricing and reference data, has released a new corporate action event, Further Public Offering (FPO). The addition of the FPO event enhances existing services by providing full details of
Markit is to acquire the position reconciliation technology assets of DTCC Loan/SERV (Loan/SERV), a subsidiary of The Depository Trust & Clearing Corporation (DTCC). Nearly 400 asset managers representing approximately 6,000 funds in the global syndicated loan market use the Loan/SERV
A survey of the alternatives sector conducted by Eurekahedge and AIMA Japan finds that fund managers in Japan now typically allocate up to 10 per cent of their total expenses on regulatory compliance. The survey of close to 90 firms
Athena Systems has launched Spark, a new cloud-based platform to help new hedge fund launches meet current and emerging DDQ requirements necessary to compete for assets with more established funds. The pricing model of the platform is tied to a
Neuberger Berman has acquired an investment team that manages collateralised index-based options portfolios that seek to capture global volatility premiums, from Horizon Kinetics. The team’s investment track records, proprietary research and client assets have also transferred to Neuberger Berman.
The Exchange Council of the European Energy Exchange (EEX) has held a meeting in Leipzig to determine how the Phelix Future for the market area Germany/Austria should be determined after the common German-Austrian price zone split. The meeting was chaired
We enter 2016 with the same slow and fragile conditions as experienced at the end of 2015. Contradictory macro policies, such as tighter regulations vs. accommodative monetary policies, competitive easing and devaluations, has resulted in conflicting impacts on the markets.
