Litigation funding firm Burford Group has hired Melissa Sobel as corporate counsel in New York. Sobel (pictured) was most recently associate general counsel at Time Inc, where over the last eight-and-a-half years she advised multiple divisions of the media giant.
Kinetix Trading Solutions, a technology solutions provider to capital markets firms, has hired Tim Mund as its global head of sales and marketing. The Princeton, New Jersey based firm is expanding with focused efforts on revenue growth and branding in
SS&C Technologies has acquired Texas-based Hedgemetrix, a boutique full-service fund administrator providing accounting, tax, and consulting services to domestic and offshore hedge funds, private equity funds, funds of funds and their investment managers. Upon completion of the acquisition Hedgemetrix will
Boyer Allan Investment Management has decided to call time on two of its he
Vietnam’s Dragon Capital will look to consider converting its Viet Fund Management unit’s five funds, totalling USD120million in AUM, into UCITS-compliant open-ended vehicles whe
The Depository Trust & Clearing Corporation (DTCC) has appointed James Lee as managing director and head of enterprise computing, bringing more than two decades of leadership experience in information technology operations and software configuration to the company. In this new
A total of 1,504 advisers to hedge funds and other private funds have registered with the agency since the Dodd-Frank Wall Street Reform and Consumer Protection Act mandated such registration. While some private fund advisers previously registered with the SEC
The Securities and Exchange Commission has amended its rules to exclude the value of a person’s home from net worth calculations used to determine whether an individual may invest in certain unregistered securities offerings. The changes were made to conform
The Alternative Investment Management Association (AIMA), the global hedge fund association, has called for the establishment of a Ucits depositary “passport” regime in its position paper on the proposal for a Ucits V directive. AIMA says institutions authorised by one
Equity brokerage and technology firm Olivetree Financial Group has appointed David Bell as chief executive of its US subsidiary, Olivetree USA. Bell will report into Daryn Kutner, chairman and chief executive of Olivetree Financial Group. Bell will be responsible
