Sciens Alternative Investments and PVE Capital have launched the PVE European Distressed Fund I, a closed ended fund that has invested in a portfolio of Italian Non-Performing Loans (NPLs) with a gross book value of EUR408m. The portfolio of NPLs
Aquis Exchange is introducing a new order type – Market at Close (MaC) – that allows its Members to enter orders for matching on the Aquis Exchange platform at the closing price of the market-of-listing end-of-day auction. This initiative is
SEI has launched SEI Firm Compliance, a new global regulatory management framework that equips investment organisations to oversee and orchestrate compliance functions firm-wide, across investment products and regulatory jurisdictions. SEI’s Investment Manager Services (IMS) division developed the compliance framework as
Technology investor Mark Pearson is launching Fuel.Ventures EIS Fund 1, an open-ended venture capital fund investing in the e-commerce sector. The fund will target super-early seed, seed and A-stage investments in the rapidly growing European e-commerce sector. European mobile commerce
Winton has launched two new alternative investment funds (AIFs) that have been structured to comply with the EU Directive on Alternative Investment Fund Managers (AIFMD). The funds are domiciled in Luxembourg and regulated by the Commission de Surveillance du Secteur Financier
LCH.Clearnet is now offering inflation swap clearing through its SwapClear service allowing market participants trading UK, European, and US inflation-linked products to benefit from the efficiencies and enhanced risk management associated with central clearing. Trading in inflation-linked swaps is
Man GLG, the discretionary investment management business of Man Group has launched a new UCITS compliant fund, Man GLG European Mid-Cap Equity Alternative fund. The Fund will be domiciled in Ireland and managed by GLG Partners LP. The portfolio manager
JP Morgan Asset Management Global Real Assets (GRA) has launched Tactical Direct Investments (TDI), a dedicated cross-real assets group. Under the leadership of Avik Mukhopadhyay, Head of Global Real Assets Tactical Direct Investments, the TDI team will help clients access
ACE Limited and BlackRock have launched ABR Reinsurance, an innovative, independent reinsurance company. Through unique long-term arrangements, ACE Group will be the sole source of reinsurance risks ceded to ABR Re, and BlackRock will be ABR Re’s exclusive investment management
RiverPark Advisors has launched the RiverPark Focused Value Fund (Institutional: RFVIX; retail: RFVFX), a high conviction strategy to be managed by former hedge fund manager David Berkowitz. Berkowitz is also joining RiverPark as the firm’s new co-chief investment officer. He
