Centaur Fund Services and Circle Partners are the latest firms to join the North American Fund Administration Association (NAFAA), a representative group for the alternative investment fund administration industry. “We are delighted to have Centaur and Circle as the latest
Apollo Global Management has appointed Marc Spilker as president, effective 1 December 2010. Spilker will run the day to day operations of Apollo and sit on the company’s executive committee. In addition to Spilker, Apollo’s executive committee includes: Leon Black,
The asset-weighted Mizuho-Eurekahedge Index – USD gained 0.33 per cent in September, outperforming the equal-weighted Eurekahedge Hedge Fund Index which declined 0.11 per cent throughout the month. Approximately 49 per cent of the fund managers tracked by Eurekahedge posted positive
Hedge fund Tremblant Capital has selected Liquidity Book’s SaaS-based LBX Buy Side as its full POEMS (portfolio, order and execution management system), with the integrated LBX Connect as its FIX routing network. LBX Buy Side replaced an existing system which
Eurex Clearing has launched its Advanced Risk Protection solution, which enables clearing and non-clearing members to control their trading and operational risks by setting pre-trade limits on aggregate risk metrics such as the total margin requirement. All members can define
Former Goldman Sachs dealmaker Richard Ong is in the process of establishing his own USD2billion Asia fund – RRJ Capital – which will focus
BNP Paribas Capital Partners (BNPP CP), BNP Paribas Asset Management’s specialist in external alternative manager selection, has launched an investment programme to provide institutional investors with exposure to the European discounted private debt market. Fundraising is ongoing, with the final
MassMutual subsidiary Babson Capital Management, an investment management firm based in Springfield and Boston, Massachusetts and Charlotte, North Carolina, has added four team members
M&A opportunities and share buy-backs are believed to be ripe in Japan right now with companies trading at low valuations – making for ideal conditions for
Lazard Asset Management has launched the Lazard International Equity Value Portfolio. The new fund is managed by the Lazard International Equity Value team, who joined LAM earlier this year. “International equity continues to be a strategic focus for Lazard and
