Hedge fund manager BlueMountain Capital Management has held the final close of the BlueMountain Summit Opportunities Fund II, the firm’s most recent multi-asset class opportunity fund, at USD1.3 billion in committed capital. Summit Fund II has already begun deploying capital into
The Countess of Wessex (pictured) is to serve as Global Ambassador of 100 Women in Hedge Funds (100WHF) Next Generation initiatives. Launched in January 2015, the goal of 100WHF’s most recent initiative is to inspire, mentor and provide access and
As Europe’s private debt market continues to evolve, those managers well placed to offer direct lending strategies could benefit substantially as insurance companies, in particular, seek alternative yield-enhancing funds within their credit portfolios. Not only do direct lending strategies provide
The Quaker Event Arbitrage Fund has joined Provasi Capital Partners’ investment platform. The Fund – a multi-strategy event-driven mutual fund – is focused on long-term growth of capital that invests in securities of issuers that are experiencing corporate events. "We
AlphaClone has launched of the AlphaClone International Downside Hedged Index, which is designed to give investors access to the investment ideas of the world’s most established hedge funds, while simultaneously hedging against protracted market downturns. The index follows the same
Risk solutions provider NetOTC has launched NetOTC Bilateral, an end-to-end bilateral market infrastructure for the margining of non-cleared OTC derivatives. NetOTC Bilateral is connecting to Euroclear’s Collateral Highway in an effort to answer the market demand for greater transparency, resilience
Average daily volume (ADV) at the CBOE Futures Exchange (CFE) was down 28 per cent from September 2015 and 44 per cent from October 2014's record-setting volume totals. However, on a year-to-date basis through October, volume was up 2 per
Digital Realty Trust is partnering with Aqua Comms Limited to deploy its new transatlantic fibre optic system, America Europe Connect (AEConnect). Spanning more than 5,400 kilometres across the Atlantic Ocean, between Long Island and the west coast of Ireland, with
KPMG has acquired from G2 FinTech (G2), a boutique tax technology firm that specialises in tax analysis and compliance software for the investment management community, all of its United States tax software and intellectual property, including G2’s flagship product, TaxGopher.
Cordium, a provider of compliance consulting and software solutions to the financial services industry, has launched a new electronic communications review service. As technology advances and communication channels become the new standard, electronic communication oversight and document retention has become
