RAB Capital has announced that investors in the Cayman-domiciled RAB Special Situations Fund Limited and the Delaware-based Special Sits LP have voted by a ‘considerable margin’ to approve
Alleghany has invested USD250m for a 6.25 per cent equity ownership interest in Ares Management, which is privately held, and also committed to invest up to USD1bn of capital in various existing and new Ares investment strategies. Through
Range-bound volatility creates challenging market conditions for US options traders, forcing them into a more aggressive stance in a search for returns, says TABB Group in its seventh annual benchmark options trading study. This is driving traders to refine
The Alternative Investment Management Association (AIMA), the global hedge fund industry association, has updated its Guide to Sound Practices for Hedge Fund Valuation. The new edition of the guide takes account of recent regulatory reforms, including a summary of
Vahan Zerounian has joined WTAS as a Director in the Alternative Investment Funds Practice in the firm’s Los Angeles office. Prior to joining WTAS, Vahan was a Tax Director at Marcum LLP. Vahan has more than 14 years of experience
SecFinex, an electronic marketplace for securities lending in all major European, US and Japanese equity markets established by the NYSE Euronext group, has announced that JPMorgan has bec
The Securities and Exchange Commission announced that on 14 September 2011, the Honourable Lawrence E Kahn, United States District Court Judge for the Northern District of New York, entered a default judgment against Defendants Christopher W. Bass, Swiss Capital Harbor-USA,
The European Securities and Markets Authority (ESMA) has launched a consultation on the calculation of counterparty risk by UCITS which enter into OTC derivative transactions that need to be centrally cleared under the European Markets Infrastructure Regulation (EMIR). The UCITS
The first phase of CBOE Futures Exchange’s plans to expand CBOE Volatility Index (VIX index) futures trading hours will begin in late September, with the second phase to begin in the weeks that follow. The first phase of the
Zombie funds continue to plague the hedge fund world and are gradually extending their reach into the private equity market notes Jonathan Sablone (pictured), founder and chairperson, Nixon Peabody’s Private Funds Dispute Group. As Reuters alluded to recently, data provided
