Vivaris Capital has created what it says is the first private equity hedge fund, which is designed to deliver superior alternative asset returns while mitigating downside risk. The structure deployed by Vivaris uses a portfolio of investment grade securities to
Fried, Frank, Harris, Shriver & Jacobson has named Jeremy Berry as a partner in the firm’s asset management practice. Berry (pictured) will be based in New York. Berry has experience in advising large private equity and hedge fund managers on matters
Man Group has completed its previously announced acquisition of Aalto Invest Holding (Aalto). Luke Ellis (pictured), CEO of Man Group, says: “We are delighted to have completed the acquisition of Aalto, which is a key step in the development of
Poor hedge fund performance over the past 18 months means that managers face continued fee pressure from investors. As a result, smaller and emerging hedge funds are becoming increasingly attracted to non-conventional prime brokers that are able to offer automated
The Shenzhen-Hong Kong Stock Connect provides international investors with another direct link to access China’s domestic A-shares market and especially the stocks on the tech-heavy Shenzhen market. It also provides Luxembourg investment funds with access to a new asset class. Shenzhen
Chicago trader Igor B Oystacher and his trading company 3Red Trading are to pay USD2.5 million to settle CFTC charges over spoofing and using a “manipulative and deceptive device” while trading futures contracts on multiple exchanges. The US District Court
AlphaCentric has launched the AlphaCentric Hedged Market Opportunity Fund (HMXIX), a mutual fund converted from a hedge fund previously available only to accredited investors. HMXIX provides an options-rooted strategy, making long and short investments in call and put options on
The US CFTC has issued time-limited no-action relief to entities submitting swaps for clearing by derivatives clearing organisations (DCOs) operating under CFTC exemptive orders or no-action relief that CFTC staff provided (relief DCOs). The action relieves entities submitting such swaps
The Cyprus Investment Funds Association (CIFA), a representative industry body of over 230 members based in Cyprus, has become an associate member of the International Capital Markets Association (ICMA). ICMA, the association for the global sell-side and buy-side industry, will
Triad Securities is expanding into the Boston area with the hiring of Tom Landsbergen as director, prime brokerage sales. Landsbergen (pictured) has over 22 years' experience in the prime brokerage industry. Before joining Triad, he was responsible for prime
