Mark Proctor has joined Vinson & Elkins’ (V&E) Private Investment Funds practice as a partner in New York. His practice will focus on structuring, forming, and operating private investment funds, as well as advising private funds in connection with their
The Securities and Exchange Commission charged a New York-based investment adviser with defrauding investors in five offshore funds and using some of their money to buy himself a multi-million dollar beach resort property on Long Island. The SEC alleges that
ITG, a leading agency research broker and financial technology firm, has released the new ITG Dynamic Open Algorithm, designed to allow traders to tap the liquidity available in the NYSE and NASDAQ opening auctions while minimising price impact from over-participation.
Merchant Capital, the independent corporate finance and investment management firm, has migrated its UCITS umbrella to Point Nine’s Circle.2 platform of live middle and back office services. The firm chose Point Nine’s Circle platform for the launch of its
Newedge has made three senior appointments in the Alternative Investment Solutions (AIS) division of its Prime Clearing Services (PCS) team. James Shekerdemian has been named Head of Origination and Structuring for the AIS division in the Europe, Middle East and
Hedge funds posted their strongest start to a calendar year since 2000, with significant contributions from strategy areas which underperformed in 2011, according to data released today by HFR. The HFRI Fund Weighted Composite Index gained 2.14 per cent in
A former managing director at Standard Chartered and derivatives trader Yiming Liang, and the former chief investment officer of China&r
Asian hedge funds continue to surge ahead as they attempt to eradicate last year’s losses.
The US Commodity Futures Trading Commission (CFTC) has filed an enforcement action in the US District Court for the Middle District of Alabama charging John David Stroud and his companies, Stroud Capital Management, LLC, TS Capital Partners, LLC, and TS Capital Management, LLC, all
The Hennessee Hedge Fund Index advanced 1.72% in February (+4.07% YTD), while the S&P 500 advanced 4.06% (+8.60% YTD), the Dow Jones Industrial Average increased 2.53% (+6.02% YTD), and the NASDAQ Composite Index climbed 5.44% (+13.89%). Bonds also advanced, as the Barclays Aggregate Bond Index declined 0.02% (+0.86%
