International law firm Simmons & Simmons has opened a new office in Luxembourg, headed by Partner Stéphane Ober, who joined the firm in November 2014. The Luxembourg team includes four additional new partners and a team of eight associates.
Over 20 per cent of hedge funds frequently misrepresent important information about funds and their performance to investors, according to a study by NYU Stern Finance Professor Stephen Brown. With co-authors William Goetzmann from the Yale School of Management, Bing
Keith Dingwall, a veteran of the fund industry, has joined KNEIP as Head of New Business, leading a team of sales managers to acquire new business and identify growth opportunities within existing portfolios. Dingwall will report directly to Renaud Oury,
International law firm Brown Rudnick has hired Moris Mashali as a Partner in its Corporate & Capital Markets practices in London. The Founding Chairman of risk management advisory firm RIMA Consulting Limited, Moris focuses on general corporate transactions, acting for
Hedge funds acted as shock absorbers during the wide market gyrations recorded at the beginning of 2015. This year started with a large risk-off move and high volatility on all asset classes. Along with oil prices and rates, equities went
The total value of exits from private equity-backed portfolio companies throughout 2014 hit USD428bn, higher than any year previously and up from the USD330bn of exits in 2013. Christopher Elvin, Preqin’s Head of Private Equity Products, comments on the current
Electronic market maker Virtu Financial (Virtu) is to join as a participant of GMEX Exchange to offer liquidity in GMEX’s pioneering Interest Rate Swap Constant Maturity Future (CMF) contracts. Orders will be matched on the GMEX exchange platform, with trade
CloudMargin and AcadiaSoft have completed the integration of their respective solutions to provide real-time collateral management communication to their clients. Using the new link to AcadiaSoft MarginSphere, CloudMargin’s clients are able to issue and respond to margin calls, manage disputes
Candriam Investors Group has appointed Guillaume Abel as Global Head of Marketing and Renato Guerriero as Global Head of European Client Relations. Abel, who joins from Amundi Group, will begin his role to lead the Marketing department within the pan-European
The Caritas Royalty Fund has successfully navigated through the turbulent oil & natural gas markets, generating a +30% net return for investors in 2014. Managed by Cornerstone Acquisition & Management Company LLC, the Caritas Royalty Fund invests in private oil
