A group of investors led by Värde Partners and Guber Banca, working with Barclays as their financial institution partner, have acquired a non-performing loan portfolio originated by 22 mutual, rural, and cooperative banks spread throughout Italy. The gross book value
The Australian Securities and Investments Commission has released for consultation draft regulatory guidance with new disclosure benchmarks and principles for hedge funds to improve investor awareness of the risks associated with these products. The guidance, contained in Consultation Paper 174 Hedge funds: Improving
Unigestion, an independent specialist asset manager, has underlined its commitment to German investors by opening an office in Düsseldorf. The opening of the Düsseldorf office forms part of Unigestion’s growth strategy and focus on building its distribution capabilities in the
A new Memorandum of Understanding (MoU) signed between Jersey’s financial regulator the Jersey Financial Services Commission (JFSC) and the UK’s Financial Conduct Authority (FCA) should give fund managers added certainty around accessing UK investor capital through Jersey in the lead
Derivatives marketplace CME Group’s new legal entity CME Amsterdam BV has received approval from the Dutch Minister of Finance. The establishment of the new Amsterdam-based entity will ensure that CME Group’s BrokerTec and EBS venues and CME Regulatory Reporting services
Gulf Capital, an active alternative asset management firms in the Middle East, is expanding and strengthening its executive team with the appointment of Sharaf F Sharaf as a Managing Director in Gulf Credit Partners, the Firm’s private debt business. Based
Sidley Austin has added Joshua S Cohen as a partner in its Investment Funds practice in Chicago. Cohen joins the firm from Kirkland & Ellis LLP, where he was a partner. Previously he was a managing director and general
PEF Services, a fund administrator for alternative investment managers, has promoted Emily Chen and Delphine Jones, CPA to Managing Directors within the firm’s Client Services group, reporting to PEF Chief Operating Officer Beth Manzi. Chen and Jones each lead PEF Client Services
Refinitiv has appointed Leon Saunders Calvert as Head of Sustainable Investing & Fund Ratings, a newly created role that brings together Refinitiv’s ESG Sustainable Investing and Lipper Fund Ratings businesses to increase focus on unearthing links between sustainable business strategies
Spring Valley Asset Management (SVAM) has launched the SVAM Diversified Alpha Portfolio, a multi-dimensional, systematic trading system which applies creative modelling techniques to a rich set of fundamental and technical features across short, medium, and long-term horizons (from one day
