Funds
TMX Group subsidiary Trayport Limited (Trayport) is to acquire Tradesignal, a provider of rules-based energy trading and analysis solutions.
“The acquisition of Tradesignal is another milestone in our growth strategy, as we continue to focus on meeting the increasing market demand for data and analytics, to support quantitative and automated approaches to trading,” says Peter Conroy, President, Trayport. “Tradesignal complements Joule, and combined with Trayport’s Data Analytics and autoTRADER solutions, will further enhance decision making and the trading experience. A large number of major European energy market participants are already existing Tradesignal clients, and we look forward to working with
Long-short equity hedge fund Argonaut Capital is eyeing a potential “treasure trove” of short opportunities in previously well-regarded stocks, as the changing inflationary environment and opening up of economies impacts markets.
Validus Risk Management (Validus), an independent financial risk management and advisory firm, has acquired La Financière Constance (LFC), an investment company with a strong focus on quantitative and derivatives-based strategies, with offices in Montreal and Toronto.
The acquisition will form the basis of Validus’ new Global Macro Strategies (GMS) business, which will enable Validus to provide additional products and services to its institutional client base including pension funds and family offices. GMS is led by former LFC Partner, Kambiz Kazemi, who has joined Validus as its Chief Investment Officer.
Kevin Lester, CEO of Validus, says: “LFC’s expertise in overlay and
Scottish Equity Partners (SEP) has completed a significant growth equity investment in regulatory technology (regtech) company FundApps.
Read the full story at Private Equity Wire…
CTAs and trend-following hedge funds have begun May positively. Société Générale’s main broad-based CTA Index has advanced 1.37 per cent so far this month, which has brought its year-to-date return to more than 7 per cent.
Digital investment specialist firm Osprey Funds has seen interest from hedge fund managers in its bitcoin trust, OBTC, which was launched last year, and now has assets of USD160 million.
Hedge funds are on a roll this year, with the industry recording its best January-to-April performance in more than 20 years, as managers profited from tech gains, commodities moves, strong earnings, and renewed optimism over the reopening US economy.
Profound shifts in board governance, demographics and technology are transforming the way Japanese companies do business, and Singapore-based fund manager Four Seasons Asia Investment is capitalising on this theme with its change-based investment approach which seeks out catalysts in neglected stocks across small-to-mid-cap equities.
Established in 2006, Four Seasons Asia Investment runs both long/short and long-only equity funds, trading less-crowded Japanese stocks in range of industries and sectors using elements taken from fundamental, event driven, special situations and catalyst investing. Both strategies look to generate call option-type payoffs while curbing downside risk and avoiding correlation with its peers and broader
The Power Intraday Markets, operated by EPEX Spot, increased by 28 per cent in April 2021, reaching a volume of 10.7 TWh (April 2020: 8.4 TWh).
The German and Danish Intraday markets reached new monthly records with 6.1 and 0.2 TWh traded (previous records: 5.9 TWh in October 2020 and 0.2 TWh in January 2021), while on the Day-Ahead segments, the Swedish (1.7 TWh) and Polish (0.2 TWh) market areas reached record volumes as well.
Volumes across the European Power Derivatives Markets declined in comparison to a very strong April 2020 volume. Against the overall trend, EEX recorded volume increases
VAST Data, the storage software company breaking decades-old tradeoffs, has secured USD83 million in a Series D funding, led by Tiger Global Management, at a post-money valuation of USD3.7 billion – a tripling of the company’s valuation since April 2020.
The round features strong participation from NVIDIA and several other existing investors, and is driven by VAST’s unique combination of rapid customer adoption and positive cash flow. The funds add to VAST’s Series B and Series C investments to create a balance sheet that is USD230 million strong, positioning VAST as the next great independent infrastructure company that is poised
