Miravast Asset Management, an investment adviser specialising in life contingent assets, has advised on the USD60m purchase of a life insurance portfolio by a substantial institutional investor. Miravast developed and structured the transaction, including selecting the life insurance
Launched in May 2013, the International Financial Litigation Network (IFLN) was founded by more than 20 law firms, including Tannenbaum Helpern. The mission of the network, which presently spans 16 countries, is to improve cross-border solutions for financial institutions, funds
Sean Ballard has joined Torrey Associates, LLC, an SEC-registered FoHF investment adviser, as Vice President of Sales.
European Commissioner Michel Barnier (pictured) and United States Commodity Futures Trading Commission (CFTC) Chairman Gary Gensler have announced a ‘path forward’ regarding their joint understandings on a package of measures for how to approach cross-border derivatives. Commissioner Barnier said that:
Addepar, a provider of smart technology platforms for wealth and investment management, has appointed Eric Poirier as chief executive officer and Karen White as president and chief operating officer. Addepar co-founder Joe Lonsdale continues to serve in his current
Depleted wallets, order allocation, CSA and algo trends, regulations and top brokers point to similarities between the US and European markets, but wallets and regulation will cause divergence, says Miranda Mizen, TABB’s director of equities research. Lower volumes have hit
Kinetic Partners, an adviser to the financial services industry, has appointed Gary Ashford as a member within the firm’s global tax team. This new appointment further enhances Kinetic Partners’ capabilities across the alternative investment tax spectrum, while also creating
BNY Mellon has been recognised as the world’s largest fund of hedge fund (FoHF) administrator in a bi-annual administrator survey. BNY Mellon saw its FoHF assets under administration rise by USD20bn to USD130.6bn in the six months to October 2012,
FRM Capital Advisors (FCA), the seeding division of Man Group’s fund of hedge funds operation FRM, is to make a significant investment in a new Japan-focused hedge fund launched by Hong Kong-based investment adviser Arena Capital Management. Arena, which was
The Securities and Exchange Commission (SEC) has now adopted final rules in connection with the Jumpstart Our Business Startups (JOBS) Act, lifting an 80 year old ban on general solicitation and allowing hedge fund managers to advertise. The Hedge
