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Enfusion, a global provider of cloud-based investment management solutions and services, has signed two new clients, Dark Forest Capital Management LP, a systematic, global equity investment manager and Welton Investment Partners, a systematic investment manager, to modernise operational infrastructure, enhance scalability and increase overall efficiency.
The client wins underscore the growing demand among asset managers and hedge funds for an innovative, cloud-native SaaS investment management framework that is underpinned by a single, golden data set as well as outsourced manpower and insights to lighten and improve the operational load.
“Hedge funds and asset managers are increasingly looking for technology solutions
A majority of investors now believe hedge funds are best placed to enhance the performance of a traditional 60/40 equities and bonds portfolio, with the prevailing rate environment driving a “sense of urgency” among allocators to tap into new sources of returns, a new Credit Suisse survey has found.
The bank’s 2021 Hedge Fund Investor Survey, titled ‘A New Dawn’, quizzed more than 200 institutional investors, collectively representing USD800 of hedge fund investments globally. Survey participants – which included pensions, endowments, foundations, consultants, private banks, family offices, and funds of hedge funds – were probed on strategy preferences, allocation plans,
AKJt Holdings (AKJt), an affiliated company of trading and infrastructure solutions provider AK Jensen Group Limited, has acquired NexGen Management Limited (NexGen).
NexGen is a Cayman ManCo with a history of supporting both traditional and crypto funds. The transaction will allow AKJt to expand its service offering for crypto fund managers and will work in conjunction with AKJ Crypto plc (AKJC), AKJt’s full-service platform for funds trading in digital assets. Additionally, the deal will provide additional client volume, distribution channels, and sales synergies.
In discussing the transaction, Neal Mitra, CEO of AKJ Crypto, says: “We are thrilled to have NexGen
Bitfinex, a state-of-the-art digital token trading platform, has launched paper trading for the Honey Framework, enabling users to test drive automated trading strategies in a simulated environment without putting real funds at risk.
Users can use the Honey Framework to create custom order types or event-driven automated trading strategies in their paper trading sub-accounts. The framework, which integrates natively into the Bitfinex trading platform, also enables users to backtest market data to better inform their algorithmic trading strategies.
“We believe in the democratisation of finance and technology,” says Paolo Ardoino, CTO at Bitfinex. “The launch of paper trading on the
Options Technology has achieved VMware Cloud Verified status, a designation that indicates a provider offers the complete VMware-based software defined data centre infrastructure delivered as a service.
VMware Cloud Verified partner services enable customers to achieve unmatched levels of consistency, performance and interoperability for both traditional or containerised enterprise applications and the confidence that the service is based on the most advanced VMware cloud technologies.
Options’ President and CEO Danny Moore, says: “With thousands of VMs under management globally, achieving this status aligns to the efforts and achievements of our core Cloud solutions. This partnership milestone is a pivotal
Drawbridge, a provider of cybersecurity software and solutions to the alternative investment industry, has closed a minority investment from Long Ridge Equity Partners.
Read the full story at Private Equity Wire…
Komainu, a regulated digital asset custody services provider built by institutions for institutions, has closed a USD25 million Series A fundraiser.
LiquidityBook, a Software-as-a-Service (SaaS)-based provider of buy- and sell-side trading solutions, has appointed Stephanie Minister as Managing Director of Connectivity Services. In this role, she will lead a newly created arm of the LiquidityBook corporate structure.
Minister will spearhead business development efforts for LBX Connect, LiquidityBook’s proprietary managed FIX network, which enables users to interact with over 250 routing destinations across 80 markets globally in an intuitive and cost-effective manner. She will interface with exchanges, third-party network providers and institutional brokers in markets across the world to maximise network’s reach. She will also play a direct role in future
Foreside Financial Group (Foreside), a provider of governance, risk management, and compliance solutions and technology offerings to clients in the global asset and wealth management industry, has acquired the regulatory compliance business of JG Advisory Services LLC, a comprehensive regulatory solutions provider for hedge and private equity funds.
Based in New York, New York, JG Advisory Services has helped its clients meet regulatory requirements through creative compliance solutions since 2005. JG Advisory Services has worked with a wide range of hedge fund and private equity fund managers but has particular expertise with emerging managers.
Judy Gross, principal and founder of
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