Alternative asset manager Permal Group has made three new senior hires: Terrence Purcell, EVP, Portfolio Management; Robert Discolo as EVP, Investments; and Marc Blieden, EVP, Chief Risk Officer. Each of the positions is a new role and is central to
The Depository Trust & Clearing Corporation (DTCC) has appointed Stephen Scharf to the newly-created position of Chief Security Officer (CSO). The appointment will centralise and align the firm’s global information security, physical security, employee safety, and crisis/incident management functions, ensuring
Hedge fund firm Crescent Capital Group has appointed Peter Mitchell has Senior Vice President (SVP) of Investor Relations. He will be responsible for marketing Crescent’s strategies to institutional investors including public pension plans and multi-employer pension plans. Mitchell brings more
Intercontinental Exchange (ICE) has completed the transition of Liffe US futures and options contracts to the ICE futures exchanges, trading platform and clearing infrastructure. The Liffe US MSCI equity index and precious metal contracts were transitioned to ICE Futures US
Hedge funds posted gains in April as regional equity and currency markets across China, Russia, Brazil and the Middle East posted sharp gains. Volume surged on the Shanghai/Hong Kong Connect program to a daily record driving Chinese A-shares to a
BlueBay Asset Management, a manager of fixed income and alternative investment products, has chosen Confluence’s Unity NXT regulatory reporting solutions to automate its data reporting processes. BlueBay will use Unity NXT AIFMD Transparency Reporting, Unity NXT Form PF Reporting and
100 Women in Hedge Funds (100WHF) has partnered with the Institute of Banking for one Certified Investment Fund Director Programme scholarship as part of 100WHF’s Women on Boards initiative. The Institute of Banking and 100 Women in Hedge Funds are
Maples Fund Services has opened an office in San Francisco, the firm’s first on the west coast. The expansion further solidifies the firm’s North American presence and bolsters its service offering for clients in the region. Additionally, the office will
Man GLG's Henry Dixon reacts to the UK General Election result… It’s been an extraordinary election, and clearly the result is pro-growth. While utilities are rising today in reaction, I actually don’t think they will benefit much further. The real
Regulation will be the key driver in the next phase of the rapidly evolving hedge fund industry, according to Part II of Citi Investor Services’ fifth Annual Industry Evolution survey. Previous Citi surveys have discussed key drivers of the industry
