Linedata, a solutions provider to the investment management and credit industries, is to acquire Gravitas Technology Services, a provider of middle office and technology services to the hedge fund industry. Gravitas is based mainly in New York and Mumbai.
Asset managers today are faced with having to deal with a plethora of liquidity regulations. Most of the liquidity-related concerns in respect of Comprehensive Capital Analysis Review (CCAR) prescribed by the Federal Reserve Board, Solvency II, MiFID II – due
Operational Due Diligence Solutions Provider Shadmoor Advisors has appointed Brad Stehle as Managing Director. An alternative investment industry veteran with almost 20 years’ experience, most recently serving as Director at Unigestion, SA, and formerly with Citigroup, Bank of New York,
Cowen Group has added Eric M Rose to the firm’s options and event driven strategies sales and trading team. Rose is a managing director and senior derivatives trader with a focus on risk arbitrage and event driven situations. He
Systematic asset manager RAM Active Investments has chosen EFA to support the launch and administration of the new RAM Stable Climate Global Equities Fund.The AI-driven sustainable fund’s objective is to tackle climate emergency and to provide RAM’s investors an active
Neuberger Berman has broadened its fixed income UCITS offering with the launch of the Neuberger Berman Global Opportunistic Bond Fund. The new, flexible, UCITS fund seeks attractive risk-adjusted returns by opportunistically investing in a diversified mix of fixed rate and
NEX Regulatory Reporting is to apply to become a trade repository for the Securities Financing Transactions Regulation (SFTR) and launch a dedicated reporting solution, pending the issuance of the final technical standards from ESMA. NEX Regulatory Reporting will in time
Investment management platform provider TORA has appointed David Tattan as head of European business development, based in the company’s new regional headquarters in Jersey. Tattan will work with Chris Jenkins, who is overseeing the company’s European expansion. From its
Avelacom, a provider of connectivity and IT infrastructure solutions, has launched a new point of presence (PoP) in the Australian Security Exchange’s (ASX) Australian Liquidity Centre (ALC), Australia’s only data centre dedicated to the financial markets community. The initiative is
Alger Associates has agreed to acquire Boston-based Weatherbie Capital, a growth equity manager with over USD800 million in assets under management. Weatherbie Capital was founded in 1995 by Matthew Weatherbie and, similar to Alger, takes a fundamental, bottom-up research approach
