Alameda Research is leading a USD40 million investment round in Oxygen, a decentralised prime brokerage protocol that will offer prime brokerage services that have traditionally been limited to investment banks and hedge funds to everyone, free of centralised control. The
Enfusion, a global cloud-native software-as-a-service (SaaS) has signed a record number of new fund manager clients so far in 2020, and onboarded new hires to support the increasing demand from institutional asset managers and hedge funds.Read the full story at
KB Associates (KBA), a professional services firm advising investment funds and asset managers, is to acquire EFG Fund Management SA, a Luxembourg-based management company and subsidiary of EFG International AG, the Swiss Private Banking Group.
Hedge funds could be set for a rush of new capital pouring into the industry this year – potentially reaching up to USD30 billion – as investor appetite grows following strong 2020 performances, Barclays said on Wednesday. The bank’s ‘2021
In a consistent effort to improve its value proposition to investment managers and service providers, the Bahamas has continued to fine-tune its legislative framework, pandemic notwithstanding. The changes expected will support the growing trends witnessed within the financial services industry,
Substantive Research, a research discovery and research spend analytics provider for the buy-side, has appointed Michael Malpiede as Senior Sales Associate Americas, and Alex Mackinnon as Sales Associate in Europe, to lead the company’s US expansion. Read the full story
The strong market moves sparked off by the recent coronavirus vaccine breakthrough brought gains and losses across the hedge fund spectrum over the past week, as investors fled momentum-based stocks and piled into value-based companies.
AK Jensen Group (AKJ), a provider of turnkey trading and infrastructure solutions for fund managers, has acquired FMG Malta Ltd (FMG), a full scope Alternative Investment Fund Manager (AIFM) for both traditional and crypto hedge funds. The acquisition, which is
Three former Highland Capital Management partners have launched Sycamore Tree Capital Partners, a new alpha-focused private and alternative credit investment manager which aims to tap into value-oriented opportunities arising from credit market upheaval. The Dallas-headquartered firm is co-founded by alt-credit
Ledgermatic, which recently announced it is developing treasury tools to allow enterprise and financial institutions to operate with digital assets and associated payments and workflows, has chosen Algorand as its blockchain protocol partner. Read the full story at Institutional Asset
