Man Group has completed the previously announced acquisition of Silvermine Capital Management, a Connecticut-based leveraged loan manager. Silvermine had USD3.8 billion of funds under management across nine active collateralised loan obligation (CLO) structures as of 30 November 2014. Mark
Financial services advisory firm Kinetic Partners has made promotions across its global teams. There are four promotions to member: AnnMarie Croswell in Hong Kong, Jess Shakespeare in the Cayman Islands and Ian Manson and Richard Crannis in London. Claire
Hedge funds lost 0.18% in December, according to the Barclay Hedge Fund Index compiled by BarclayHedge The Index was up 3.16% in 2014. “Renewed concerns of a Greek exit from the European Union, plummeting oil prices, and swooning Russian financial
Deutsche Börse Group announced today that it has received ‘in-principle’ regulatory clearance from the Monetary Authority of Singapore (MAS) to set up Eurex Clearing Asia, a clearing house based in Singapore. The new clearing house of Deutsche Börse Group is
Stonegate Global Fund Services has tapped attorneys Hays Ellisen and Michael Blackburn to lead its business expansion efforts in hedge fund formation and fund administration in New York. "Stonegate's rapid growth is evidence that fund managers prefer to have fund
Derivatives marketplace CME Group has appointed Derek Sammann, an executive with 20 years of global derivatives industry experience, to its management team as managing director, financial products and services. Sammann (pictured) will report to Rick Redding, managing director, products and
Unigestion has launched Uni-Global Cross Asset Navigator, a daily-liquidity, UCITS IV-compliant fund that allocates based on an assessment of the risks associated with the prevailing macroeconomic backdrop. Targeting a return of three-month Libor + 4% per year over a full
HedgeCoVest continues to attract some of the largest managers in the industry to its real time hedge fund replication platform, with USD21bn fund manager Fred Alger Management the newest firm to join the roster. HedgeCoVest’s revolutionary allocation tool, the Replicazor,
London-based SW Mitchell, which manages USD2billion of European equity assets in both long-only and long/short strategies, is scheduled to launch an alternati
977 private equity funds held a final close throughout the year raising a total of USD486bn, higher than any annual amount between 2009 and 2012, and on track to match the 2013 total. Preqin’s Christopher Elvin (pictured) reviews a year of
