Last Atlantis Capital Management, LLC has launched the LACM Long/Short Statistical Arbitrage Program within The Last Atlantis Master Fun

The French asset manager Latitude Capital Management has launched two onshore single strategy hedge funds specialized in Japanese equities.

Financial services consultancy Capco has acquired FundClear Solutions, a provider of managed services to hedge funds.

Veritas Asset Management has added Miki Sugimoto to its Asian team, headed up by Ezra Sun.  Sugimoto, who is currently Director of Japanese Equity at Newton Investment Management, will move to Veritas in April, where her focus will primarily be

Asset management group Forsyth Partners has appointed Toshimi Suzuki, who will be based in the firm’s new Tokyo office, as Regional Dire

Swiss-based Insch Capital Management AG is to launch a proprietary in-house systematic trend-following currency program, called Kintillo, i

Scandium Asset Management A/S, the firm behind Scandinavia’s top performing fund of hedge funds, is to launch new absolute return produc

New York-based Glocap Partners LLC has appointed Sonny Jose as sales and marketing consultant. Jose has extensive experience in the offshore hedge fund and FoHF markets, having held senior positions with Trimark and Canadian and International Hedge Funds since 1993. 

London-based investment management consultancy Laven Partners has advised Redtower Asset Management on the launch of its new currency fund, the Redtower Global Macro Fund.

HSBC Holdings plc and The Bank of Bermuda Limited have entered into an agreement under which HSBC will acquire Bank of Bermuda in a transaction valued at USD 1.3 billion.