Event-driven investment firm Pinyon Asset Management has partnered with alternative asset management firm GCM Grosvenor. Patrick Burke, former event-driven equity portfolio manager at Sandell Asset Management from 2004-2010, is the chief investment officer and managing partner of Pinyon. Burke
Platinum Capital Management Ltd has launched Platinum Dynasty Fund Limited, a new hedge fund focused on long/short investment in publicly listed companies that will prof
Morgan Stanley is to become a clearing member of the Eurex Clearing’s Securities Lending CCP. Both partners aim to have finalised the process by the end of October. “Morgan Stanley is supportive of CCP solutions for securities lending such
J O Hambro Investment Management has appointed James Du Boulay as manager of funds distribution. Du Boulay will be based in London, reporting to Stephen Browne, head of marketing for the firm’s recently consolidated sales and marketing function. Du Boulay
Federated Investors Inc., one of the largest US mutual fund firms with USD 202 billion in assets, has named two hedge fund firms which engaged in marketing timing practi
Shaking off the frustrating association of blame for the global financial crisis, equity derivatives in Europe are now attracting buy-side traders who have been struggling with laggard volumes, fragmentation in the cash markets and the need for new avenues of
Covariance Capital Management, a provider of outsourced endowment management services to educational, healthcare and other non-profits, has appointed Kevin Nee as chief executive officer. Nee will be responsible for the strategic leadership of the business, including new business development and
The Bank of New York has launched a new compliance and investor validation module on its proprietary web-based platform which provides comprehensive accounting, administ
The UK’s Financial Services Authority (FSA) has charged Anjam Ahmad, an ex-hedge fund trader who worked with AKO Capital until last September, with one count of conspiracy to commit insider dealing. The offence relates to trading in 22 different shares
eFront, a software provider of financial solutions for managing alternative investments, has extended its partnership with international technology consulting firm Methys, naming it the integrator for all eFront solutions in Africa. The two companies will build on the partnership’s successes
