Franklin Square Capital Partners, a manager of business development companies (BDCs), has originated a unitranche term loan for PSKW, LLC (PSKW), a developer and marketer of co-pay assistance (CPA) programs for pharmaceutical drugs. The financing supported the acquisition of PSKW
Omni Partners has held the final close of its second secured lending fund, Omni Secured Lending Fund II (OSL II), with additional commitments of USD34 million, leaving total vintage II commitments at USD240 million. OSL II provides its underlying investors
A number of technology-focused hedge funds are generating strong returns so far this year, with technology being the biggest standout of Wall Street this 2017 and generating at nearly 50 per cent of the market’s overall rise. According to alternative
The Swiss Futures & Options Association (SFOA) is changing its name to the International Commodities and Derivatives Association (ICDA). The change has been made to support the latest requirements of the Association’s members, who include global brokers, bankers, investment fund
CIBC Asset Management has launched the CIBC Active Global Currency Pool for institutional investors seeking an uncorrelated source of alpha in a liquid, absolute-return solution for their alternatives portfolios. “We are excited to launch the CIBC Active Global Currency Pool,
Lightkeeper a provider of portfolio intelligence tools to the hedge fund community, has made three key appointments – Stephen Scherock, Kate Martz, and John Connors. Scherock joins Lightkeeper as Product Manager. He has spent the last 20 years at Morgan
Managed futures traders gained 0.06 per cent in May according to the Barclay CTA Index compiled by BarclayHedge. Year to date, the Index has lost 0.67 per cent. Four of Barclay’s CTA indices had gains in May, and four had
Barclays Capital and Credit Suisse Securities (USA) have agreed to settle separate SEC cases finding that they violated federal securities laws while operating alternative trading systems known as dark pools and Credit Suisse’s Light Pool. The New York Attorney General’s office
McVean Trading & Investments, LLC (MTI), a Memphis-based Futures Commission Merchant (FCM), its Chairman and CEO, Charles Dow McVean, Sr, President, Michael J Wharton, and long-time MTI consultant Samuel C Gilmore (Gilmore) are to pay USD5 million to settle CFTC
Elementum Advisors has promoted Paul Barker to Principal & Portfolio Manager and Chris Cebula to Portfolio Manager, effective 1 February, 2016. Barker joined the firm as a Catastrophe Modeling Analyst in 2011. He subsequently moved to Elementum’s Bermuda office in 2014
