Middle- and back-office hedge fund administrator OpHedge Investment Services has hired Jack Li as director of P&L and valuations.
The Securities and Exchange Commission has charged a Miami-based hedge fund adviser for deceiving investors about whether its executives had personally invested in a Latin America-focused hedge fund. The SEC’s investigation found that Quantek Asset Management LLC made various misrepresentations
The Financial Services Authority (FSA) has published a decision notice indicating that it has decided to fine Alberto Micalizzi GBP3 million and ban him from performing any role in regulated financial services for not being fit and proper. This is
By Olivier Sciales of Chevalier & Sciales – The Alternative Investment Management Association has published an analysis of the divergences it has identified between the European Commission’s draft Level 2 regulation implementing the Alternative Investment Fund Managers Directive and the
Switzerland-based alternative asset manager Partners Group has reported that its estimated net assets under management grew by CHF1bn to CHF25.4bn over the first half of the year, while di
Four of the six hedge fund strategies covered by Dow Jones Hedge Fund Indexes posted net of fees losses in June, although only one – convertible arbitrage – lost ground overall in the seco
Paladyne Systems has extended its global capabilities in Paladyne Portfolio Master, its combined order management and portfolio management solution, to help clients meet the Hong Kong Securities and Futures Commission’s (SFC) requirements for fund managers to disclose net short positions
Alternative asset manager GLG Partners has confirmed reports that Goldman Sachs partner Driss Ben-Brahim will be joining the firm to develop a special situations platform that will include
The Securities and Exchange Commission has charged Jorge Gomez, an investment adviser formerly located in Dallas, Texas and Mexico, with perpetrating a fraudulent scheme to misappropriate millions from an investment advisory client (“Client”). The SEC also has agreed to settle
European alternative fund of funds manager Ermitage Group has announced the launch of a niche fund of hedge funds, the Ermitage Directional Fund, with an initial investment of USD45m.
