GCM Grosvenor has completed the final close of its Secondary Opportunities Fund II (GSF II) with USD700 million in committed capital. GSF II, which held its first close in May of 2017, reached its hard cap. Fund investors include public
Schiff Hardin has appointed Mauricio Beugelmans as a partner in the firm’s Commercial Litigation and Financial Markets and Products Practice Groups in San Francisco. Beugelmans (pictured), advises financial institutions including brokerage firms, investment banks, private equity firms, hedge funds, and
FlexTrade has partnered with ACA Technology Solutions to help mutual clients manage their trade surveillance and compliance needs using ACA’s Decryptex surveillance technology and FlexNOW. “FlexNOW and Decryptex are stand-out products supported by highly-responsive and knowledgeable teams. Integrating Decryptex with
PhaseCapital, the new York-based quantitative investment firm backed by Jim Pallotta, has launched its first mutual fund offering, PhaseCapital Dynamic Multi-Asset Growth Fund (PHDIX). The new fund follows the firm’s existing strategy, and primarily seeks to create long-term capital growth
Carey Olsen has advised entities managed by The Carlyle Group and affiliates of Värde Partners on the AUD1.2 billion restructure and recapitalisation of the Bis Industries group, an Australian resources logistics and materials handling provider.
The European Power Exchange EPEX SPOT and the clearing house European Commodity Clearing (ECC) have reduced the lead-time to five minutes before delivery for local Austrian and French contracts, and to 30 minutes before delivery for local Swiss contracts. The
Blackstone has appointed Limin Wang as a Managing Director on the Quantitative Research team in Blackstone Alternative Asset Management (BAAM). Limin joins from Laurion Capital Management, where he spent four years as a Portfolio Manager. Prior to that, he spent
Quantitative Brokers (QB), an independent provider of algorithms and data-driven analytics for futures and US cash treasury markets, has launched a new trade simulation tool on the Bloomberg App Portal. The two complementary apps enable traders to use QB’s electronic trading
The Lyxor HFI receded this week, mainly due to CTAs and Global Macro funds, according to the latest Weekly Brief from Lyxor’s Cross Asset Research team. They were dragged by their long in equities and energy, though their losses were
INDOS Financial Limited (INDOS), a UK independent depositary, has passed the milestone of undertaking depositary services for 100 alternative investment funds with assets over USD20 billion. These figures represent a substantial growth in the business of 37 per cent in the
