Napoleon AM has launched the Napoleon Bitcoin Fund, a Specialized Professional Fund under the French law, with daily liquidity, and one of the first regulated vehicles in the world offering exposure to the performance of Bitcoin, the main digital asset.
Pacific Alternative Asset Management Company Europe LLP (PAAMCO), the fund of hedge funds investment manager, has received FSA registration in the UK and has established a L
Irving H Picard, SIPA trustee for the liquidation of Bernard L Madoff Investment Securities, is currently distributing approximately USD506.2m on a pro rata basis to BLMIS account holders with allowed claims. This third interim distribution brings the amount distributed
Estlander & Partners has launched the Ucits III compliant Estlander & Partners Freedom Fund UI. The German domiciled fund is a Ucits III compliant version of the non-Ucits Estlander & Partners Freedom fund. The fund realises a combination of the
Alexandre Voitenok has joined Acadian Asset Management as Senior Vice President and Portfolio Manager. Reporting to David Kane, Director, Long/Short Equity Strategies, Voitenok will be responsible both for researching long/short strategies and managing long/short portfolios. He was previously a portfolio
The Securities and Exchange Commission has charged Michael Steinberg, a portfolio manager at New York-based hedge fund advisory firm Sigma Capital Management, with trading on inside information ahead of quarterly earnings announcements by Dell and Nvidia Corporation. The SEC
The Swiss Blockchain Federation has published guidelines for issuers of digital equity and related tokens aimed particularly at helping smaller and mid-sized companies to fully leverage the issuance and trading of equity on the blockchain. The issuance of equity and
Sumitomo Mitsui Trust Bank (USA) Limited (SuMi TRUST USA) has become the first Japanese global custodian to go live on the Depository Trust & Clearing Corporation’s (DTCC) ALERT Global Custodian Direct (GC Direct) workflow. With GC Direct, SuMi TRUST USA
National Union Fire Insurance Company has introduced a new policy to protect hedge fund managers and directors against liability exposur
