As potential investors demand higher operational standards, startup managers become more selective and discerning when choosing their fund administration partner and technology platforms.
By A Paris — Following a year which has been positive for hedge funds in terms of performance, startup and emerging managers face an uphill battle as they continue focusing on generating return while strengthening their communication with clients and prospects.
Voya Prime Rate Trust has selected Saba Capital Management, LP (Saba) to serve as the new investment adviser to the Fund. The Fund’s current investment adviser, Voya Investments (VIL), and the Fund’s current sub-adviser, Voya Investment Management Co (Voya IM),
Now that the considerable cloud of dust has settled following the collapse of Bill Hwang’s family office, Archegos Capital Management, one is able to assess the damage inflicted. The most significant loss was that felt by Archegos, which allegedly had
Private funds specialist, Dale Gabbert has joined European law firm Fieldfisher as Head of Funds. He joins from Simmons & Simmons where he was a funds partner since 2014, specialising in private equity, infrastructure, credit and hedge funds. Read the
Dark Forest Capital Management, a systematic hedge fund, is to use the LeverData platform to centralise the onboarding and daily ingestion of data to facilitate the firm’s investment process. While many quantitative and fundamental hedge funds wrestle with the process
Cowen Outsourced Trading has selected TORA’s Order and Execution Management System (OEMS) for Fixed Income across USA, Europe and Asia. Read the full story at Institutional Asset Manager…
Redhedge Asset Management LLP (Redhedge), an FCA regulated hedge fund manager based in London, will be investing in a world class crew at Henley Royal Regatta. The drive behind the investment is to enable athletes, who have left the professional
JMP Group, an investment banking and alternative asset management firm, has additionally appointed Mark Lehmann, chief executive officer of JMP Securities, the company’s primary operating subsidiary, as president of JMP Group. Lehmann continues to serve as a member of the
LedgerEdge, an ecosystem for corporate bond trading, has selected Exactpro to deliver functional testing and ensure the resilience of its global corporate bond trading platform powered by distributed ledger technology. Read the full story at Institutional Asset Manager…
