Private equity firm GTCR has completed the previously announced acquisitions of Ultimus Fund Solutions and The Gemini Companies in a strategic combination. The combined company, which will operate as Ultimus Fund Solutions, is a provider of full service fund administration,
The Cayman Islands Court of Appeal has sent a clear message that winding up petitions should not be used to place undue and improper pressure on companies to accede to investor demands, according to a briefing by law firm Walkers.
Charlemagne Capital has launched a Sterling share class for its Magna Global Emerging Markets Fund (MGEM). The Sterling denominated B Shares will seek to obtain dis
Law firm Maples and Calder, which advises on the laws of the British Virgin Islands, the Cayman Islands, Ireland and Jersey, has appointed seven new partners and three of counsel across its global offices. The new partners in the firm’s
After a first investment in the credit strategy offered by Eiffel Investment Group in last May, Emergence has made its second seeding partnership with Bernheim, Dreyfus & Co. Emergence invested approximately USD40 million in the fund Diva Synergy Ucits, bringing
LiquidityBook, a Software-as-a-Service (SaaS)-based provider of buy- and sell-side trading solutions, has reported record results for 2019 across all sales and client growth metrics tracked by the firm. This rapid growth was fuelled by a continued rise in demand for its
Man has launched a Ucits III long/short equity fund called Man Long/Short Europe. The fund will be managed by Man’s long/short equity team led by Robin Lowe. It offers investors access to a number of offshore European long/short equity managers
Montréal Exchange (MX), Canada’s derivatives exchange, now opens for trading at 2:00 am EDT, or 7:00 am London time. The move to extend its trading hours is in response to an increase in activity and demand from MX’s global clients,
Digital asset exchange Kraken has acquired Crypto Facilities, a regulated cryptocurrency trading platform and index provider. The combination creates a specialist in cryptocurrency spot and futures trading. London-based Crypto Facilities offers individuals and institutions transparent, secure, 24/7 trading on a
The Alternative Investment Management Association (AIMA) and the Center for International Securities and Derivatives Markets (CISDM have joined forces to sponsor the creatio
