Adam Levinson, chief investment officer of Fortress Investment Group Inc. (FIG)’s Asia Macro funds, is in talks with the USD58 billion alternative-asset manager about starting his own hedge-fund firm, according to one person familiar with the matter, as reported by Bloomberg.
Lazard Asset Management (LAM) has expanded its US equity capabilities with the addition of Frank Sustersic as director and portfolio manager. Based in LAM’s new Radnor, Pennsylvania office, Sustersic will manage two new small cap equity strategies: the Lazard US
Diversified alternative asset manager Sciens Capital Management has concluded a definitive agreement to acquire the institutional investment management business of Atlas Capital Associates
Market volatility that has reached unimaginable levels and shows no sign of settling back down to pre-crisis levels is changing the way US equity traders behave, including the way they use
The Alternative Investment Management Association, the London-based hedge fund industry association, says it fully supports the desire of governments and financial regulators in the US and
The second phase of required clearing for certain iTraxx credit default swap (CDS) indices for Category 2 entities has begun, according to a statement issued by the division of clearing and risk of the Commodity Futures Trading Commission.
Andrew Shrimpton (pictured), global head of regulatory compliance at Kinetic Partners, on what the next focus for UK AIFMs should be following the end of the AIFMD transitional period… With today marking the end of the AIFMD transitional period, firms
A consortium of banks that loaned GBP300m to New Star Asset Management just before the credit crunch erupted is to take control of the company in a debt-for-equity swap that will see the a
The implementation of the Alternative Investment Fund Managers Directive (AIFMD) is incomplete and significant uncertainty remains, according to the the Alternative Investment Management Association (AIMA). A number of European countries have not implemented the AIFMD to date or not implemented
Bitcoin, gold and sterling exchange Netagio has partnered with Isle of Man payment services provider WalPay, allowing customers to deposit funds and receive international payments in GBP, EUR and USD. Further currencies are to follow. The new banking facilities,
