Funds
Leeds Equity Partners (Leeds Equity), a New York-based private equity firm, is investing in OptionMetrics, an options and futures database and analytics provider for institutional investors and academic researchers worldwide.
Read the full story at Private Equity Wire…
While investors pulled USD9.36 billion from the global hedge fund sector in March, quarterly flows remained positive, at +USD17.68 billion, according to the just-released March 2021 eVestment Hedge Fund Asset Flows Report.
Hedge funds’ strong performance so far this year, which has sparked renewed interest in the business among some investors, also added to overall assets under management (AUM), increasing total hedge fund business AUM to USD3.417 trillion at the end of Q1.
“The theme of broadly distributed inflows we’ve seen in previous months this year slowed in March, with the overall proportion of funds with inflows in March
Hedge funds are falling behind other sectors such as private equity and real estate when it comes to integrating ESG factors into their portfolios.
Hedge fund short sellers continue to target global oilfield services provider Petrofac, which has suffered a USD180 million annual loss and falling revenues amid an ongoing fraud investigation.
BlackRock Investment Management has a net short position of 1.28 per cent, while CapeView Capital, Engadine Partners, and WorldQuant also registered negative wagers against London-listed Petrofac in the past week, FCA disclosures show.
The firm – which has been among the most heavily-shorted UK stocks by hedge funds in recent years – reported a net loss of USD180 million in its annual results last week, with revenues squeezed from USD5.5 billion to
Backstop Solutions Group, provider of a cloud-based productivity suite for institutional and alternative investors, has acquired ProTrak International, a provider of a client relationship management (CRM) solution tailored specifically to the needs of asset managers.
ProTrak has served the investment sector since 1988, meeting the need for investment professionals, such as hedge funds, institutional investment managers, private equity firms and family offices to customise and monitor communication with diverse segments of their markets.
“With technology shifting increasingly toward cloud-based deployments, ProTrak required a major investment in technology and infrastructure to support this type of platform. It made sense to seek
As the ongoing digital assets boom continues to throw up myriad investment opportunities for asset managers and investors alike, London-based Nickel Digital Asset Management aims to bridge the gap between traditional finance and the cryptocurrency market, offering a diverse range of investment strategies across the hedge fund, multi-strategy and long-only spectrum.
SECOR Asset Management, an independent global investment advisory and risk management firm, has launched the SECOR Hedged Equity Fund with approximately GBP110 million assets under management (AUM) from UK-based pension schemes.
Managed by Dmitri Smolansky, SECOR’s derivatives portfolio management team leader, the SECOR Hedged Equity Fund is a protected equity solution which invests in equity put options and diversified multi-asset hedges with the objective of outperforming MSCI ACWI over a market cycle with significantly lower volatility.
SECOR has been providing similar solutions to large institutional clients in separately managed accounts since 2012. With the launch of its Hedged Equity
Tier1 Financial Solutions, a provider of client relationship management (CRM), AML compliance and fraud prevention solutions, has acquired Satuit Technologies, a specialist in asset management CRM software solutions.
The acquisition allows Tier1 to accelerate its expansion into the buy-side and grow its global footprint. Terms of the transaction have not been disclosed.
The acquisition underscores Tier1’s continued commitment to the digitalisation of the entire client relationship workflow for Capital Markets, Investment Banking and Investment Management firms, ranging from large enterprises to small start-ups. Tier1’s growing portfolio of digital transformation and automation solutions are playing a key role in optimising client
Long-running systematic macro hedge fund IPM says the Covid-19 pandemic “aggravated” an already challenging situation for the firm, leading to its decision to shut down the business.
Man Numeric sees quant credit funds as opportunity “to go against the grain”
Man Numeric sees quant credit funds as opportunity “to go against the grain”