Man Group's deal to acquire Pine Grove is part of a selective acquisition strategy that may boost the firm's diversification and scale, according to Fitch Ratings. Business diversification could mitigate the risk of outflows driven by market volatility and investors'
Simon Hopkins (pictured), founder of Fortune Asset Management, the UK-based hedge fund investor sold to Close Brothers in 2006, has re-emerged as the founder of Singapore-based Milltrust International Group, an emerging markets investment platform focused on Asia, Africa and Latin
Kevin Huby has been appointed a Member at Kinetic Partners to focus on building the firm’s risk management and remediation services. This new appointment will complement and significantly strengthen Kinetic Partners’ highly regarded regulation and compliance service offering. Huby joins
Oakley Alternative Investment Management has appointed hedge fund investor Teun Johnston as a portfolio manager. Johnston was previously co-head of investments at Amundi AI, formerly known as Credit Agricole Asset Management Alternative Investments. At Oakley, Johnston will work together with
Kinetic Partners, a global professional services firm to the asset management, investment banking and brokerage community, has recruited Christopher Stride as a member of the Firm’s New York office. Stride, 41, will focus on the Consulting division specialising in corporate
FirstPEX, Europe’s first, interactive auction platform to trade privately-owned shares and investments is being launched in the UK by Swiss-based technology firm LPO Ventures LPO Ventures expects trading volume to quickly increase from around EUR1-2 billion over the next 12
Wexford Capital has selected SS&C GlobeOp to provide an expanded suite of services including middle- and back-office, regulatory reporting and investor solutions for the firm’s private equity funds and hedge funds. Wexford, headquartered in Greenwich, Connecticut, manages over USD4 billion
Religare Global Asset Management (RGAM), a wholly owned subsidiary and the multi-boutique asset management arm of integrated financial services group, Religare Enterprises Limited, has appointed Alan Berkshire as President – North America.

 RGAM’s strategy is to acquire equity stakes in
Collas Crill has opened the doors to its new Singapore office – making it the first Channel Islands-based law firm to do so. Sean Cheong, formerly a partner in Collas Crill’s Guernsey office, has relocated to Singapore to head up
The Hedge Fund Association (HFA) has added three females to prominent leadership positions. FINalternatives publisher Deirdre Brennan has been appointed as UK regional chapter director; C&A Consulting director Amy Poster has been added to the Regulatory & Government Advisory Board
