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Battea Class Action Services, a global expert in providing turn-key class and collective action antitrust and securities litigation recovery services, international litigation research and monitoring, has formed a new partnership with Apex Group.
For more than 20 years, Battea has been the industry leader and consulted as experts by multiple law firms in the US and Europe concerning how best to analyse the correlation between transactional and market events, locate data, including expert identification of different types of derivatives and FX transactions, as to implement the best process, weighting and allocation of settlements.
This partnership will provide Apex Group’s
Digital assets hedge fund BKCoin Capital has named Mark Treinkman as head of quantitative trading.
Treinkman was most recently at Pattern Capital Management, where he had been a software developer, portfolio manager, quantitative trader, and financial advisor focusing on small businesses, high net-worth individuals and independent RIAs.
He began his career in equities at Madison Proprietary Trading Group, before joining Chimera Securities as an equity trader, where he later shifted focus to quantitative approaches to trading capital markets.
New York-based BKCoin Capital, which manages around USD50 million, was co-founded in 2018 by ex-commodities and equities manager Carlos Betancourt and Kevin
Broadridge Financial Solutions has integrated global RegTech provider FundApps’ regulatory compliance technology with its buy-side portfolio and order management solution.
Broadridge’s clients will benefit from a unique regulatory compliance solution that addresses managers’ needs across shareholder disclosures, sensitive industry monitoring and position limit reporting, removing operational challenges in their search for alpha.
One Broadridge and FundApps client is BennBridge, a multi-boutique investment firm that strategically partners with fund managers.
“We deal across multiple global equity markets and, as a result, are continually faced with changes to regulatory compliance requirements that can create complex challenges. By using the FundApps solution, integrated
Metropolitan Partners Group (Metropolitan), a private credit fund manager based in New York that provides short-term, senior-secured, collateralised loans to small and mid-sized, non-sponsored businesses, has appointed Adam Goodfriend as a Managing Director in the firm’s investment team.
This is the sixth new hire the firm has made in the last year as Metropolitan has expanded its team to meet the growing demand for private credit investments.
In his new role, Goodfriend is responsible for sourcing, evaluating and executing investments at Metropolitan.
Prior to joining Metropolitan, Goodfriend was the Chief Investment Officer of Alpha Square Group, a large Asian-backed
Global Digital Finance (GDF), the global cryptoassets and digital finance industry membership body which promotes best practices for cryptoassets and digital finance technologies, has appointed Carl Schonander as its Regulatory Affairs Director for the US and the Americas.
Read the full story at Institutional Asset Manager…
Family office-backed alternative asset manager Trium Capital has attracted hedge fund manager Peter Kisler to manage his global macro hedge fund. Kisler has managed the fund since its inception a decade ago. He joined Trium in March 2021 and the Cayman fund will be renamed the Trium Larissa Global Macro Fund.
Kisler joins from North Asset Management, where he managed his strategy since its inception in April 2011. Prior to this, Kisler built up more than a decade of experience trading and managing fixed income and FX instruments. Kisler was a managing director at Swiss Re Group, London, from
Blockchain-based derivatives trading platform CloseCross has expanded its management team with the appointment of Joseph Portelli as its first chairman.
Currently Chairman at the Malta Stock Exchange, he brings more than 35-years’ experience of the financial services industry to the fintech company which is planning to launch its trading platform in the first half of this year.
CloseCross, which has offices in London and Malta, has developed and patented its own derivatives trading platform for customers to invest without the involvement of major banks issuing derivatives or having to take on leverage. It was recently awarded a MIFID II licence,
Global multi-asset manager Fulcrum Asset Management has appointed head of equities Fawaz Chaudhry and lead portfolio manager Stephen Crewe as partners at the firm.
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.
Tether Operations Limited (Tether), the blockchain-enabled platform that powers the largest stablecoin by market capitalisation, has surpassed USD50 billion in market capitalisation as the pre-eminent stablecoin paves the way to power a new digital economy and future alternative financial system.
USDt is making waves beyond its native digital token space as the wider financial system recognises the monumental technological advance that the pre-eminent stablecoin represents. As the most liquid, stable and trusted stablecoin, USDt offers a faster, cheaper and more intuitive modern form of money.
USDt’s exponential growth – which has seen its market capitalisation grow by more than a
