Private funds, including hedge funds, could be made to report their spending on litigation finance under new rules proposed by the US Securities & Exchange Commission (SEC), according to a report by Bloomberg. The proposed rule is reported to be
GoldenTree Loan Management II (GLM II) and its affiliated investment manager GoldenTree Asset Management LP, has closed a $390 million collateralised loan obligation GoldenTree Loan Management US CLO 15 (GLM US CLO 15) to be managed by GLM II. With
Cigrek Capital has launched a fully-regulated, EU-based solution for managers of digital assets strategies seeking distribution to institutional investors. Cigrek’s solution has been designed specifically for managers of established digital funds who are seeking alternative distribution venues. The new umbrella is
Baton Systems (Baton), a global fintech specialising in post-trade processing using distributed ledger technology (DLT), is now providing connectivity to the Options Clearing Corporation (OCC) through the Baton Core-Collateral ecosystem. By expanding connectivity, clearing firms will be able to automate
Steve Cohen, the billionaire behind hedge fund boss of Point72 Asset Management, is planning to set up a crypto-specific asset manager, according to a report by Blockworks. The report cites unnamed sources as revealing that planning for the new entity
Venn, Two Sigma’s portfolio analytics platform, is partnering with Coinbase Institutional to help educate institutional investors on the digital asset space.
Daniel Small, a former portfolio manager at Platinum Partners has been found guilty of securities fraud and conspiracy by a federal jury in Brooklyn – the fourth conviction of a former executive at the one-time $1.7 billion hedge fund, according
SEI has appointed executive Vice President Sandy Ewing to lead the company’s Family Office and Regulatory Services, where she will work with SEI’s business segment leaders to advance business opportunities and execute growth strategies for these offerings in existing and
Saxo Bank, a fintech specialist focused on multi-asset trading and investment, has appointed Christine Kiener as its new head of sales for the institutional business at its UK subsidiary, Saxo Markets UK. Kiener brings with her a wealth of experience
Apex Group (Apex) has appointed Aneeqa Zamal as compliance executive in its Global Compliance Solutions business. Apex Group’s expanding Global Compliance Solutions team offers a global network of compliance experts, supporting clients to meet their operational and regulatory obligations across
