Societe Generalehas been appointed as clearing broker and certificate issuer to a range of funds managed by Progressive Capital Partners, a Swiss based alternative investment management group. Societe Generale Securities Services has also been appointed Custodian to the funds.
Ares Management has appointed Michael R McFerran as Executive Vice President, Chief Financial Officer and Treasurer, effective 23 March, 2015. McFerran will assume firm-wide responsibilities. McFerran was previously a Managing Director at Kohlberg Kravis Roberts & Co (KKR) where he
Clarient Entity Hub, a new service designed to simplify client data and document management, is now live and operational with five of the world’s leading banks and asset managers inc
The US Commodity Futures Trading Commission has filed and settled charges against MF Global, a registered futures commission merchant, and its predecessor corporation Man Financial, relating to risk supervision failures in four separate instances between 2003 and 2008. The CFTC
The Market Vectors Hedge Fund Beta Indices experienced mixed results in April with two of the six indices seeing positive returns, one remaining flat and the other three ending the month in negative territory. The MV Western Europe L/S Equity
TMF Group has agreed with the management team of its fund services division, TMF Custom House, the creation of an independent, stand-alone Custom House Fund Services. The heads of terms was signed at the end of 2014 with Mark Hedderman
NorthPoint Solutions, a business solutions provider focused on the alternative investments sector, has appointed Paul Jessup as head of business development and strategic relations for its US operations. Jessup will be joining NorthPoint from Bank of America Merrill Lynch’s
Sandy Broderick has been appointed as Non-Executive Director (NED) to the Boards of GMEX Technologies Limited (GMEX TECH); Global Markets Exchange Group Limited (GMEX) which operates GMEX Exchange; and Global Derivatives Indices Limited (GDI). Broderick, most recently CEO of DTCC
MUGC Lux Management, the management company of Mitsubishi UFJ Global Custody, has implemented Linedata AIFMD Regulatory Reporting. Currently, MUGC Lux management manages around 185 alternative investment funds (Cayman trusts and Luxemburgish structures). Therefore, it is the second largest Alternative Investment
The Association of Investment Companies has appointed Ian Sayers as director general of the association effective from 1 January 2010. Sayers has been acting director general of the AIC since Daniel Godfrey left the association at the end of July
