Laxfield Capital, the debt origination, execution and loan management business, has appointed Daniel Smith as head of origination. Smith joins from Eurohypo, where he was a managing director, originating and structuring a number of high profile transactions and more recently
R Peter Sanchez (pictured) is to serve as Chief Executive Officer of Northern Trust Hedge Fund Services LLC following the closing of Northern Trust’s acquisition of hedge fund administrator Omnium LLC. Sanchez currently is Global Head of Business Development and
Quantitative asset manager, Aquantum AG, which specializes in developing scientific methods to build managed futures strategies and is also a spe
The Michael Lewis PR machine hit London last week, leaving a trail of obfuscation in its wake. According to TABB Group Europe’s senior research analyst Rebecca Healey, Lewis describes a buy side unaware of what’s happening in the market. However,
By Jeremy Walton, Partner and Jayson Wood, Counsel, Appleby Global – After being a hot topic in the Cayman Islands for a number of years, the Grand Court has handed down two decisions in quick succession relating to side letters
The US Commodity Futures Trading Commission has obtained a consent order imposing a USD700,000 civil monetary penalty against defendants Charles Steven Goodie of San Diego, California, and his California-based business CSG Commodity Service Group. The consent order imposes a permanent
The US Commodity Futures Trading Commission has obtained a federal court order of default judgment and permanent injunction requiring defendant Christopher B Cornett of Buda, Texas, to pay USD10.16m in restitution and a USD6.78m civil monetary penalty in connection with
The Securities and Exchange Commission has told a federal court that USD230 million held in an offshore account by a hedge fund has been returned to the US and will remain frozen pending completion of the SEC’s Ponzi scheme lawsuit
AllianceBernstein has taken a big step forward by launching a UCITS fund that invests in RMB bonds issued outside of China, and other Asian bonds excluding Japan.
HSBC Private Bank is maintaining its highest conviction overweight in hedge funds in the belief that the active and flexible investment approach employed by hedge funds is well suited to the current volatile market conditions. In the latest HSBC Private
