Cheyne Capital Management (UK) (Cheyne Capital) is launching two UCITS IV compliant funds – the Cheyne Global Credit Fund and the Cheyne European Real Estate Bond Fund. Cheyne is the investment manager to the funds with Citibank International plc, Ireland
The Securities and Exchange Commission has charged Scottish fund management group Martin Currie for fraudulently using one of its US fund clients to rescue another client, a China-focused hedge fund struggling in the midst of the global financial crisis. Martin
PrimeOne Solutions, a division of CoreOne Technologies, offering a full-service, global prime brokerage platform, has hired five senior executives to its management team. The new additions include Brad Klaas, named Global Head of Business Development and Alistair Martin, Deputy Head
The US Commodity Futures Trading Commission (CFTC) has filed a civil enforcement action in the US District Court for the Eastern District of New York charging Madison Dean, Inc of Wantagh, NY, and its principals, George Athanasatos, also of Wantagh, and Laurence
State Street Corporation is to provide custody, transfer agency and Luxemburg fund administration services to Danish investment firm Maj Invest’s newly launched sinAl fund, a long-short equity fund. The “stock market investing Artificial Intelligence” Fund (sinAI Fund), was launched in
Scott Licamele, former vice president of equity research sales at Renaissance Capital, has joined hedge fund Red Star Asset Management, where his responsibilities include emerging markets equity research and business development. He is based in Greenwich, Connecticut. Prior to working
Asia ex-Japan hedge funds ended April down an estimated -0.58 per cent according to figures in the Eurekahedge index, leaving them up 4.84 per cent for the year.
In response to increased demand for outsourced compliance services in the marketplace, Avalon Lake Partners has recruited Harris Bogner, an attorney and compliance expert, to head its compliance services group. Bogner’s role at Avalon Lake Partners will be to work
The Boston Company Asset Management, a Boston-based equities investment specialist for BNY Mellon Asset Management, has named Adam B Joffe director of alternatives. Joffe is responsible for developing The Boston Company’s capabilities across the alternative investment space, including hedge funds,
Liquidnet, the global institutional trading network, has appointed Bob Garrett as head of technology and a member of the leadership team. In this role, Garrett will be responsible for establishing the technical direction of the company and coordinating with business
