Ada Investments, a research-driven investment manager offering alternative equities-based investment programs to institutional investors, is to be acquired by 55 Capital, a newly formed ETF-focused asset manager. The transaction is expected to be completed by mid-June 2016. Ada Alternatives, the
Offshore law firm Appleby has appointed Alex Brainis as a partner in the Investment Funds group, in the firms’ Cayman Islands office. Managing Partner, Bryan Hunter, says: “On behalf of the partners, it is my pleasure to extend a warm
The investment community voted to remain in the EU last night (Monday 16 May) following a passionate discussion at the ‘Brexit: Pursued by a Bear’ debate chaired and sponsored by law firm Howard Kennedy. In a close and surprising vote,
YieldStreet has launched the world’s first tech enabled specialty finance and alternative lending platform connecting accredited investors to asset based investments. YieldStreet is designed to offer opportunities that are backed by collateral, have low market correlation, and generate strong yield,
Nir Regev’s Regev Group, which is based in Missouri, has joined DFPG Investments, a national independent broker-dealer and RIA. "We are very pleased that Nir identified the fit with our firm," says DFPG's CEO, Mike Bendix. "Nir brings a lot
BNP Paribas Investment Partners, Odey Asset Management and Sumitomo Mitsui Trust Bank are the newest members of the International Accounting Standards Board’s (IASB) Investors in Financial Reporting programme. The programme was established in 2014 to increase the Board’s engagement
Five new investment platforms have joined the Millennium Trust Company’s Millennium Alternative Investment Network (MAIN), bringing the total number listed to nine. In addition to Lending Club (NYSE: LC), announced earlier this month, EquityZen, iCapital Network, Prodigy Network, and RJ
Liontrust Asset Management, a UK-based specialist investment management company, has gone live on Eze OMS and Eze Portfolio Accounting, implementing a front-to-back office workflow to replace its in-house systems. This represents a significant investment by Liontrust and is designed to
CNO Financial Group has invested in a non-controlling minority stake in Tennenbaum Capital Partners (TCP), a Los Angeles-based investment management firm with over USD6 billion in committed capital under management. TCP will continue to operate on a stand-alone basis
The Chartered Alternative Investment Analyst (CAIA) Association, a global leader in alternative investment education, has embarked on its first international branding campaign. Titled “Mind the Gap,” CAIA’s new campaign incorporates creative advertising in the London Underground system, social media outreach
