Monroe Capital (Monroe) has closed a USD455.75 million term debt securitisation known as Monroe Capital MML CLO VII, LTD. The term financing was Monroe’s third CLO completed in the last 13 months and is secured by a portfolio of middle
Xena Exchange, a professional-level crypto-asset trading platform, has completed a USD3 million Series A round of financing led by Klever Internet Investments. The newly raised funds will bolster the company’s focus on team expansion, marketing efforts, and accelerate product development.
OFI Asset Management and Gottex Solutions Services intend to enter into a joint venture called Luma Solutions Services, a Luxembourg based platform providing onshore managed account services to Ucits and other European onshore funds with an initial asset base of
Carey Olsen has experienced the largest growth of any Jersey law firm in the number of investment funds it advises, according to Monterey Insight’s 2018 Jersey Fund Report. The 24th edition of the annual report, which provides a comprehensive analysis
Hedge funds were down 2.15 per cent for the year, their weakest performance on record since 2008 when they declined 9.55 per cent in the 10 months through to October, according to figures released by Eurekahedge. Almost 47 per cent
Kevin McConnell, fund manager of Bloxham’s Midas Global Absolute Return Ucits III Fund, has revealed strategies designed to fight liquidity difficulties in the market going forward into 2011. “Our portfolio can go up to 100 per cent in cash when
ADM Capital, a Hong Kong and London-based private credit investment manager, has held the final close for its Asia Secured Lending Facility II, (ASLF II) with proceeds raised of USD178 million. ASLF II received USD50 million and USD10 million in
London-based derivatives analytics company, OpenGamma is expanding its business into North America. The firm’s expansion plans come as regulatory and macroeconomic pressures continue to hit hedge funds and asset managers with offices all over the world. Specific rules on clearing
The Kenmar Group and the Royal Bank of Scotland have launched what they believe to be the first ever commodity fund of funds in a Ucits III format. The Market Access III Kenmar Liquid Commodity Index Fund seeks to
Merchant Capital, the independent Ucits umbrella provider to the hedge fund industry, has formed a partnership with Altarius Group to provide lines of distribution across Austria and Germany for its stable of Ucits funds. Merchant already has distribution agreements in
