The Securities and Exchange Commission has announced fraud charges against Detroit-based EIA All Weather Alpha Fund I Partners LLC (EIA) and its sole owner, Andrew M Middlebrooks, for allegedly engaging in a multi-year scheme that included the misappropriation and misuse
Another member of Blackstone’s hedge fund solutions group is leaving the firm in the wake of a change in leadership, according to a report by Bloomberg. The latest MD to depart is Michael Pierog, head of Blackstone Alternative Asset Management’s
Enfusion, a provider of cloud-native SaaS solutions for investment managers, released more than 100 enhancements and new features for its Order and Execution Management System (OEMS) in Q1 2022. Asset managers globally are faced with fee compression, market volatility, and
Bitfrost, a fintech ecosystem that supports financial institutions in their adoption and management of digital assets, has secured registration as a Virtual Assets Service Provider (VASP) with the Gibraltar Financial Services Commission (GFSC). Bitfrost can now provide clients with access
A new report by Citco says hedge funds are set to be hit by $20 billion of redemptions during the remainder of the year, according to a report by Bloomberg. While the sector saw net inflows during the first quarter
India’s alternative investment fund (AIF) industry doubled from $36 billion at the end of 2016 to $72 billion by September 2021 – an increase of more than 100% in assets under management (AUM) for Securities and Exchange Board of India
To better help asset managers of European funds be prepared for the upcoming compliance requirements and regulatory disclosure obligations under the Sustainable Finance Disclosure Regulation (SFDR), global Fintech leader.
Net inflows to hedge funds more than doubled from the previous quarter to come in at $13.6 billion in the first quarter of 2022, according to data from the Citco group of companies (Citco), an asset servicer with $1.8 trillion
Two years of working mostly remotely has added significant strain to the hedge fund industry’s cybersecurity defences and resiliency, according to a new report by cybersecurity and managed IT provider Agio. The added surface area required to support remote investment
Part 1 – Choosing the right structure: For any Alternative Investment Fund Manager (AIFM), the main factors that define the success of their business will be the amount of capital they are able to raise and the performance of the funds that
