The US Bankruptcy Court for the District of Delaware has granted protection over the US assets of a Cayman Islands exempted company in liquidation. The company, SIFCO5, is subject to official liquidation proceedings in the Cayman Islands, which the Bankruptcy
The SS&C GlobeOp Forward Redemption Indicator for April 2015 measured 3.36 per cent, down from 3.91 per cent in March. “The forward Redemption Indicator for both April and Year to Date 2015 are consistent with seasonal trends and closely in
Gabelli Securities, a 94 per cent owned subsidiary of GAMCO Investors, has appointed David L Fitzgerald as General Counsel and Chief Compliance Officer of the firm’s alternative investment fund business, Gabelli & Partners. Gabelli Securities currently has approximately USD1 billion
Luxembourg Financial Group, a structured products boutique and asset manager, has appointed Gareth James as head of hedge fund solutions. James was global head of hedge fund derivatives at Deutsche Bank, where he also ran the firm’s hedge fund
Ada Investment Management, an investment manager offering alternative equities-based investment programs to institutional investors, has appointed Nikhil Sudan as a Principal and Chief Operating Officer (COO). In his new role, Sudan will be responsible for the firm's business operations and
The Depository Trust & Clearing (DTCC) is linking its front-end collateral management system Omgeo ProtoColl with GlobalCollateral’s Margin Transit Utility (MTU), a straight through processing solution for the settlement of margin obligations. With this integration, Omgeo ProtoColl clients will gain
Lord, Abbett & Co LLC ("Lord Abbett"), an independent investment management firm, this week announced that it had launched Passport Portfolios to provide non-US institutions and non-US resident investors with access to select Lord Abbett fixed income investment strategies through
The Securities and Exchange Commission has charged two California investment advisory firms for engaging in improper short selling of securities in advance of their participation in a company’s secondary offering. These mark the first cases filed under the SEC’s amended
Investors’ plans for future activity in the private debt space are revealed in this extract from the Preqin Quarterly Update: Private Debt, Q1 2015. Investors surveyed by Preqin in Q1 2015 conveyed a strong appetite for exposure to private debt
ML Capital and Ardsley Partners are repositioning the Ardsley Partners US Equity UCITS Fund to take advantage of increasing investor interest in the renewable energy sector. The aim is to capture the secular growth opportunities presented as global energy production growth
