Directed Capital, a distressed asset workout specialist firm that acquires, manages and resolves distressed commercial mortgage loans, has closed its seventh fund at USD77 million, its highest-grossing fund to date. Additionally, the firm has announced a USD40 million increase in
By George Ralph, RFA – Why is Blockchain the latest buzz word? What is it, and do you need it in your alternative investment firm? Essentially blockchain technology is a distributed ledger tech for real-world applications. It is a peer to peer
The third quarter of 2016 saw an estimated USD28 billion of hedge fund net outflows – the highest since 2009. This brought year-to-date redemptions to USD51.5 billion. Those suffering significant outflows included high-profile stalwarts of the industry such as Brevan
After a strong first quarter of the year, most alternative UCITS funds continued to edge higher in April with the LuxHedge Global Alternative UCITS Index posting a gain of 0.58 per cent bringing year-to-date results for the average fund up
By Leon den Exter (pictured) & Vumi Dube, DMS Governance – A professional director for a hedge fund might take an instinctive view that board observer rights are not desirable given the traditional view of separation of capital ownership and those
By Chris Humphries, Stuarts Walker Hersant Humphries – The Cayman Islands is a transparent International Financial Centre which complies with all global standards on tax transparency and information exchange and whose financial services industry seeks to achieve the highest levels of professional conduct in order to service
Sanlam’s Strategic Bond Fund is moving to its boutique investment manager Sanlam FOUR. Craig Veysey (pictured), the manager of the Sanlam Strategic Bond Fund and current head of fixed income at Sanlam Private Wealth, will move over to Sanlam FOUR,
Charles River Development has formalised a partnership with OpenDoor Securities to provide asset managers with access to OpenDoor’s all-to-all market-based solution for off-the-run US Treasuries and TIPS, directly from the Charles River Investment Management Solution (Charles River IMS). Under the
Frankfurt-based asset manager First Private Investment Management has established a new multi-boutique network, FP Investment Partners which offers access to quant investing, infrastructure and alternatives/hedge fund investments.Read the full story at Institutional Asset Manager…
Such is the level of scrutiny facing alternative fund managers that the general trend towards increased usage of independent directors has risen in recent times. Maree Martin (pictured), Counsel at Conyers Dill & Pearman, confirms that fund boards are not
