Credit and alternatives investment manager Palmer Square Capital Management has launched its sixth mutual fund, the Palmer Square Long/Short Credit Fund (PCHIX, PCHAX). Christopher D Long, president of Palmer Square Capital Management, sayss “We believe this is an ideal environment
Hedge fund strategies were hurt last week by their long exposures on US risk assets, especially credit positions, according to Lyxor Asset Management. High yield has been negatively impacted by the deterioration in risk sentiment and by oil prices, in
BATS Chi-X Europe is introducing a new pricing model on its CXE Lit Order Book, the largest of the exchange’s four European order books. The changes are in response to higher market volumes and are designed to bring more competitive
BlueBay Asset Management, a manager of fixed income and alternative investments, has appointed Jana Velebova as a Portfolio Manager in the firm’s Emerging Markets Sovereign Team. Jana has spent the past nine years managing active long-only and absolute return emerging
Hedge Connection, a platform for connecting alternative investment managers and accredited investors, has launched The Capital Club, a virtual introduction system. The Capital Club allows fund managers to request introductions to allocators based on matching investment profiles. The manager is
Northern Trust has appointed David Lester as head of the institutional sales effort for asset management at NT Global Advisors, Canada. Lester comes to Northern Trust from SEI Investments and his primary focus will be on manager-of-managers investment products, including
Civitas Capital Group has appointed David Perel to the newly created position of President and Chief Investment Officer (CIO). Perel, who was previously a Managing Director of Civitas Alternative Investments and President of Juno Development (both Civitas affiliates), will oversee
KKR has appointed Jonathan R. Levin to the newly created position of treasurer and head of investor relations. As treasurer, he will be involved in the oversight of the firm’s balance sheet, including the USD3bn in net assets it is
Societe Generale Corporate & Investment Banking (SG CIB) has appointed Nick Gionfriddo as Head of OTC Clearing Sales, North America within its Newedge prime services business. Gionfriddo will be based in New York and will work closely with Jamie
Linedata Services, a provider of investment and credit software, services and support, has launched version six of its Beauchamp FundManager product, a portfolio management solution for alternative investments. New features in Beauchamp FundManager include counterparty risk reporting; increased throughput; enhanced
