Kinetic Partners, the global financial services advisory firm, has promoted Jess Shakespeare to member in the Cayman Islands. Shakespeare becomes a member within the corporate recovery and forensic & dispute advisory team. Kinetic Partners has strengthened its team in
The Securities and Exchange Commission has filed fraud charges against a Portland, Oregon-based investment adviser who perpetrated a long-running Ponzi scheme that raised over USD37 million from more than 100 investors in the Pacific Northwest and across the country. The
US Bancorp Fund Services has named Michael Milmoe senior vice president and alternative investment business development officer. Based in San Francisco, Milmoe specializes in alternative asset structures, administration, custody services and fund technology. “Mike is an exceptional addition to our
Ares Management, a multi-billion dollar asset manager, has completed its initial filing of Form PF in line with the August deadline, using SS&C GlobeOp’s Form PF reporting solution. “The filing was a culmination of months of planning, data extraction and
The Securities and Exchange Commission has announced charges against a private fund manager and his Atlanta-based investment advisory firm for defrauding investors in a purported fund of funds and then trying to hide trading losses by creating new private funds
A new report by KPMG has found that European asset managers are strongly opposed to plans by the European Commission to categorise some UCITS funds as “complex” reported the Financial Times this week. The report surveyed 23 fund houses accounting
The aim of this document is to show the real life application of the ‘Style Analysis’ feature applied to a hedge fund claiming to deliver alpha.
Gabelli Securities, a subsidiary of Gamco Investors, has appointed Joel S Torrance to assist in the firm’s alternative investment fund business. Gabelli Securities which began managing its first fund, the Gabelli Associates Fund, in February 1985, is approaching USD1bn in
Irving H Picard, SIPA trustee for the liquidation of Bernard L Madoff Investment Securities, has announced that cheques for the second pro rata interim distribution of recovered monies from the BLMIS Customer Fund to eligible customers were mailed on 19
Goldman Sachs Asset Management (GSAM) has entered into an agreement to acquire smart beta business Westpeak Global Advisors. In addition to customisable solutions for smart beta investing, Westpeak also brings strategic alliances with global index providers and asset owners.
