Funds
Silver Creek Capital Management, an alternative investment boutique focusing on private credit, hedge fund and real asset strategies, has announced that Twin Creeks Timber has completed the acquisition of its initial portfolio of 260,000 acres of Southern US timberland located in five states sourced from Weyerhaeuser Company and valued at approximately USD560 million.
Silver Creek also announced that Maine Public Employees Retirement System has committed the final USD150 million necessary to complete institutional funding for Twin Creeks. Other lead institutional investors in Twin Creeks include the Washington State Investment Board, the Oregon Public Employees Retirement Fund, and the Alaska Permanent
TFG Financial Systems, a provider of real time risk and portfolio management systems, has said it is seeing increased adoption of the straight through processing (STP) workflow module of its core portfolio and risk management system, TFG Complete.
TFG confirmed this has come about as a consequence of increased scrutiny by investors of operational risks within hedge funds, including the middle and back office.
In the past six months TFG has added five prime brokers and two fund administrators to its already comprehensive service provider coverage, reflecting demand from end clients for a more integrated and automated STP solution. This
The International Forum of Sovereign Wealth Funds (IFSWF), a global network of sovereign wealth funds, and the Hedge Fund Standards Board (HFSB), the standard-setting body for the hedge fund industry, have established a Mutual Observer relationship.
The IFSWF is a global network of sovereign wealth funds (SWFs) established in 2009 to enhance collaboration, promote a deeper understanding of SWF activity and raise the industry standard for best practice and governance. Its 31 member funds collectively have about USD 5.5 trillion under management, representing 80% of assets managed by sovereign funds globally.
The HFSB was established in 2008 and is
"We at KPMG believe that there are three disruptive forces at play: Investor divergence, technology and regulation," announced Anthony Cowell (pictured), Partner at KPMG and Editorial Chair at this year's Cayman Alternative Investment Summit (CAIS) 2016 organised by DART.
How managers harness those forces by adapting their business models, and pushing the boundaries of innovation, will dictate the winners and losers. This formed the backdrop to CAIS 2016, attended by over 500 of the alternative fund industry's leading practitioners.
The world is evolving at a rapid pace. There are now 6.8 billion people on the planet, and a staggering
Investec Aviation Finance has closed its second managed aircraft debt fund for European insurers, cementing its position as a leader in secured aviation debt for institutional investors, The firm is on course to achieve USD1 billion of managed debt funds by year end.
Investec Aviation Finance, a unit of Investec Bank Plc, closed its first fund, the Aquila Debt Fund, in 2014, and now has some USD700 million across the two funds. The target yield of the new portfolio is 4 per cent to 4.5 per cent after fees, matching the return achieved for the Aquila fund since inception.
“This
Carey Olsen's corporate practice has advised VinaCapital Vietnam Opportunity Fund Limited (VOF) on its migration from the Cayman Islands to Guernsey and its move from AIM to the premium segment of the Main Market of the London Stock Exchange (LSE).
VOF is a closed-ended fund originally launched in 2003 and is one of the largest and most successful funds investing in growth areas in the Vietnamese economy. As at 31 March 2016, the fund's net asset value was USD710.5 million.
The Carey Olsen team was led by partner Ben Morgan and included senior associate Annette Alexander and associate Claire Cooke.
All six of Market Vectors Index Solutions (MVIS) investable Long/Short Equity Indices recorded positive performance in March. Each index is constructed using transparent, liquid ETFs and US Treasury securities to produce hedge fund-style returns.
The Market Vectors Emerging Markets Long/Short Equity Index led the way with a return of 2,96 per cent, followed by the Market Vectors North America Long/Short Equity Index (2.85 per cent), the Market Vectors Global Event Long/Short Equity Index (2.55 per cent), the Market Vectors Asia (Developed) Long/Short Equity Index (2.45 per cent), the Market Vectors Global Long/Short Equity Index (2.21 per cent) and the Market
Saxon Securities, a platform provider of separately managed account FDIC-Insured brokered certificates of deposit (CDs) investment management services for Registered Investment Advisers (RIAs), is to offer its product on the Envestnet platform.
Envestnet assists investment advisors in providing wealth management technology and services as well as investment solutions and products, including managed account portfolios, to their clients.
“Envestnet prides itself on offering a broad set of managed account solutions to over 40,000 advisors who access the over 1,300 Separate Account Portfolios available through the single contract platform. We're pleased to be able to offer Saxon Securities' FDIC-insured CD portfolio
The US Commodity Futures Trading Commission (CFTC) has charged Hendrik A Van Beuningen and his company, DeBrink Trading Fund I (DeBrink) with fraud, misappropriation, and issuing false statements in connection with a commodity pool they operated.
The CFTC Complaint, filed under seal on 28 March, 2016, alleges that, from at least January 2014 to at least January 2016, the Defendants fraudulently solicited and accepted at least USD505,000 from at least five members of the public for the purported purpose of pooling funds to trade various futures contracts. The CFTC’s Complaint also charges the Defendants with registration violations concerning their commodity
100 Women in Hedge Funds (100WHF) has selected The Women’s Foundation (TWF) as its 2016 philanthropic beneficiary in Hong Kong.
100WHF is a global, practitioner-driven non-profit organisation which serves more than 13,000 alternative investment management investors and professionals through educational, professional leverage and philanthropic initiatives. To date, 100WHF has raised US$38 million (gross) for charitable causes.
100WHF’s mission was established in 2001 on three core pillars: Education, Peer Leverage and Philanthropy. 100WHF's philanthropic mission is to leverage its members’ collective abilities and expertise in order to give back to the global community among three annually rotating themes: Education, Mentoring,
