Cairn Capital has structured and placed GBP263.2m in commercial mortgage backed securities (CMBS) notes for Debussy DTC. The deal is the first CMBS transaction in Europe not arranged by a bank. The notes, issued in exchange for Debussy warehouse
Man Group has completed the acquisition of Numeric Holdings, a privately-owned, Boston-based quantitative equity manager with USD14.7 billion of funds under management. Manny Roman, chief executive officer of Man, says: “We are delighted to announce the completion of the acquisition
The Depository Trust & Clearing Corporation (DTCC) has appointed James E Odell has as First Deputy General Counsel (Deputy GC). Odell brings more than 25 years of legal expertise in the financial services industry to this role, most recently
Stenham Asset Management has appointed Pablo Balan as Head of Risk Management and Quantitative Research. Balan, who joined the firm in the last quarter of 2011 is based in Stenham’s London office. He is a member of the firm’s Investment
Next year will see the strong return of value investing, a shake-out in the hedge funds industry that will also see a welcome influx of new talent, changes to prime brokerage relationships
Toronto-based Acuity Investment Management has launched a new pooled fund that combines long and short strategies, the Acuity Pooled 130/30 Fund, to help investors maximise return potentia
Options has expanded its suite of market data feeds to include 10G connectivity to the new Eurex Enhanced Order Book Interface (EOBI) feed. The new service, designed for latency sensitive market participants, will be available to customers collocated in Equinix FR2 and Europe.
Technology spend, historically speaking, has never been top of a hedge fund manager’s wish list. There has been a touch of haughtiness, a feeling that technology providers are useful but not vital. But it’s fair to say that regulation is
Much has been made of the poor performance of Asian hedge funds in 2011, particularly equity long/short strategies (which still dominate the regional industry) which ended th
Elliott Management Corporation has sent a letter to the board of directors of Riverbed Technology offering to acquire all of the firm’s outstanding shares of common stock at USD19.00 per share in cash. Elliott, affiliates of which collectively own or
