ATA RiskStation has launched a web-based risk reporting solution for hedge funds and hedge fund services providers powered by PortfolioScience’s RiskAPI, an on demand, multi-asset risk analysis system. "Our proprietary risk system fills a clear market gap for cost-effective but
Oakley Alternative Investment Management is expanding its London operations with the appointment of Fabio Cortes as head of macro at the company’s flagship fund of hedge funds, Oakley Absolute Return. Cortes will work alongside Nick Hannan, chief investment officer, and
Centaur Fund Services provided consulting advice and assistance to Clearstream Banking over the development and launch of a new hedge fund investor services platform. Clearstream customers can now invest in hedge funds using a single point of entry for orders,
State Street Global Advisors (SSgA) has appointed Michael Ho to chief investment officer for its active emerging markets equities and global macro capabilities. Ho, who will be based in Boston, joins SSgA from Mellon Capital Management where he oversaw all
Financial services firm Perella Weinberg Partners has named Jeffrey Silverman a partner of the firm, effective immediately. Silverman will join the senior management team of the firm’s asset management business and will be based in New York. Silverman has more
Chi-X Australia, a wholly owned subsidiary of alternative trading venue operator Chi-X Global, has appointed Jamie Crank as head of market operations. Crank joins from the London Stock Exchange where he was most recently head of commercial management, equity and
In an effort to help establish a better framework for the hedge fund operational due diligence (ODD) process, professional services firm Rothstein Kass has launched a set of best practice ODD guidelines. Designed to improve the ODD process for both
Highland Capital Management, an investment management firm based in Dallas, Texas, has hired Steven M. Delarosa as a managing director. Delarosa will be responsible for managing the firm’s relationships with existing investors and developing and maintaining relationships with investment consultants
Timothy S Durham, former chief executive of Ohio-based Fair Finance, has been sentenced to 50 years in prison for orchestrating a USD200m scheme that defrauded more than 5,000 investors over almost five years. Judge Jane Magnus-Stinson of the US District
The partners of global law firm K&L Gates and Australian national firm Middletons have voted unanimously to combine firms effective 1 January 2013. The addition of Middletons’ 300 lawyers and four offices – in Melbourne, Sydney, Perth, and Brisbane –
