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Investcorp, a global provider and manager of alternative investment products, has held the final closing of a cEUR250 million collateralised loan obligation (CLO), known as Harvest CLO XXIV DAC (Harvest XXIV).
Silver Creek Capital Management (Silver Creek), a boutique alternative investment manager with UYSD7 billion in assets under management, has appointed Art Zaske, Managing Director and Portfolio Manager, as Deputy Chief Investment Officer (CIO).Zaske, who joined Silver Creek in 2006, is responsible for overseeing the firm’s liquid hedge fund strategies and leading Silver Creek’s Investment Committee alongside Eric Dillon, Chief Executive Officer, Chief Investment Officer and Founder of the firm.
Dillon says: “There is no one more capable and deserving of the Deputy CIO title than Art, who has demonstrated his broad investment expertise, commitment to risk management, and dedication to
BCB Group has launched BLINC, one of the first real-time payments networks of its kind to allow free, real-time transactions across fiat and digital currencies. The world’s oldest active cryptocurrency exchange Bitstamp is set to become the first exchange to enable transactions on BLINC, the BCB Liquidity Interchange Network Consortium. This development builds upon accelerating client demand for BCB Group’s platform over the year to end June 2020, with average monthly payment volume growth of 24 per cent.
The network aims to transform traditional payments infrastructure by providing a unified architecture capable of handling instant domestic and international fiat transactions, crypto
Hedge fund investors are evenly split over how satisfied they are with the industry’s performance this year, according to a new industry poll by investment consultant bfinance.
bfinance’s mid-year asset owner survey, ‘Managing through Uncertainty’, quizzed a range of investors – including pension funds, insurers, endowments, family offices and sovereign wealth funds – on the first-half performance of various investment products, such as hedge funds, private equity, real estate, and risk premia.
Altogether, the 368 senior investors surveyed represented assets of some USD11 trillion.
Overall, more than four-fifths (82 per cent) of survey participants expressed satisfaction with how their portfolios performed during
Fulcrum Asset Management, the USD4.4 billion London-based multi-asset manager, is preparing to launch two new hedge fund strategies – an equity diversifier fund and a market neutral offering.
The two funds, Fulcrum Equity Dispersion and Fulcrum Thematic Equity Market Neutral, are existing strategies carved out of the firm’s Diversified Absolute Return Fund.
Fulcrum Equity Dispersion will launch as a separate fund after three years within the DAR strategy, having generated strong performance during volatile periods.
The strategy – which rolls out with USD110 million on 31 July, managed by Stephen Crewe – is positioned as a portfolio diversifier, with positive carry
Sudrania Fund Services Corp (Sudrania) added 52 new clients to its platform in the first six months of 2020, including hedge funds, CTAs, and crypto funds. Nilesh Sudrania, Founder & CEO of Sudrania, says: “Knowing that fund managers want to move away from legacy software platforms validates our vision for a seamless, cloud-based fund administration model. Being first to market in 2016, it is gratifying that 200+ clients value our end-to-end, asset-agnostic solution coupled with a high-touch service experience, which is delivered by a seasoned team with deep fund industry experience.
“Our focus has consistently been on providing holistic infrastructure that
Options, a provider of cloud-enabled managed services to the global capital markets, has connected to production trading and test services B3 – Brasil Bolsa Balcão in São Paulo, Brazil. Options’ clients can now access and trade Commodity Derivatives, Derivatives, Equities and Indices products at this top tier exchange and can now avail of ultra-low latency market access across all asset classes utilising Options’ fully resilient global trading backbone.
Options have successfully deployed colocation infrastructure at all exchanges as part of its extensive 2020 global platform expansion and connectivity to B3 is a critical step in satisfying increasing client demand to connect
Etrading Software has appointed James Haskell as Business Operations Officer, David Lane as Technical Operations Officer and Will Palmer as Chief Information Security Officer. Read the full story at Institutional Asset Manager…
The DSB is inviting applicants to participate in the next term of the Technology Advisory Committee (TAC) which starts in October 2020, with an application deadline of Friday, 4 September.Read the full story at Institutional Asset Manager…
Tether Gold (XAU₮), a digital asset providing ownership of physical gold (XAU) custodied in Switzerland, has witnessed increasing demand as the price of gold surpasses USD1,900 a troy ounce amid increasing geopolitical tensions.
