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GSK Stockmann has added to its investment funds practice in Luxembourg with the hiring of Dr Marcel Bartnik as local partner, effective January 2020.Bartnik has extensive experience in the Luxembourg investment fund industry. He has been working in Luxembourg for close to 15 years, advising institutional clients, private equity firms, investment houses and high-net-worth individuals across the corporate, real estate, private equity and finance sectors both in Luxembourg and internationally. His main areas of expertise include fund formation and structuring advice for alternative investment funds (AIF) as well as traditional retail (UCITS) funds, including AIFMs and management companies. In addition, he
Equity Trustees Fund Services has made three new appointments in its London and Dublin offices.“The Fund Services division of our business has built a market leading proposition over two decades in independent fund governance,” says Harvey Kalman, Head of Global Fund Services at Equity Trustees. “It’s critical in maintaining our reputation for independent expertise and client service to appoint experienced members of staff that can continue to allow us to provide a market leading service to our clients and the investors in the funds for which we are responsible.”
The new staff will report to Kevin Lavery, CEO (Ireland) and
Private markets asset management firm Hamilton Lane has successfully implemented Hazeltree Private Markets to manage its capital activity lifecycle.Hamilton Lane is increasingly leveraging technology to bolster its middle-office functions by enhancing its operational infrastructure to support growth driven by its investment success. Hazeltree Private Markets is designed to increase operational efficiencies and controls by centralising capital activity, from cash balance monitoring to movements of capital calls and distributions. Hamilton Lane partnered with Hazeltree to reduce its reliance on manual processes and to more efficiently support its continued growth and increase in investor requests.
“As we continue to grow, we’ve been
Picton Mahoney Asset Management (Picton Mahoney), has completed its previously announced acquisition of the investment fund management contracts of four hedge funds and alternative mutual funds from Vertex One Asset Management Inc. The acquisition increases Picton Mahoney’s total assets under management by CAD400 million.
“Risk Arbitrage strategies focus on reducing risk, lower volatility, and tax efficiency. The goal of this strategy is to offer consistent, positive returns during all market environments,” notes David Picton, President and CEO of Picton Mahoney Asset Management. “Given that many Canadian investor portfolios typically consist primarily of stocks and bonds, we believe that these risk-arb strategies offer
MUFG Investor Services, the global asset servicing arm of Mitsubishi UFJ Financial Group, has appointed Tim Smollen as Global Head of Global Securities Lending Solutions. Smollen will be based in New York and will be joined by eight additional hires who will support the growth and development of MUFG’s securities lending franchise.
“Bringing Tim on-board to lead our expanding team reinforces our commitment to further growing this business and becoming one of the globally recognised programs in this space”
The group led by Smollen will focus on providing the highest level of client service, innovation and thought leadership by
SANNE, a provider of alternative asset and corporate business services, has appointed Marie Measures as its Chief Technology Officer (CTO).As SANNE’s first ever CTO, Measures will be leading the next stage of SANNE’s strategic evolution of its information technology capability. She will be based in SANNE’s London office and will be joining the Group’s Executive Committee.
With more than 20 years’ experience working in a variety of financial services firms, including senior roles as the Chief Information Officer at Coventry Building Society and the Chief Engineer at Capital One Bank, Marie has a significant understanding of building and leading technology teams
London-based CloudMargin, the creator of a cloud-native collateral and margin management solution, has promoted Armando Hernandez to the newly established role of Executive Director, Head of North America.A 25-year veteran of the investment banking, derivatives and fintech industries, Hernandez joined CloudMargin in September 2018 as Director of New Business Development for North America. In the new role reporting to CEO Stuart Connolly, he takes responsibility for the entire North American operating unit, including sales, relationship management, partnerships and client onboarding.
Connolly says: “In this key new position, Armando will join the executive leadership team, heading up the effort to
INTL FCStone’s London-based subsidiary, INTL FCStone Ltd, has executed a sale and purchase agreement to acquire GIROXX in Frankfurt, Germany. Closing is conditional upon BaFin approval.Through its digital platform, GIROXX provides online payment and foreign exchange hedging services to small and medium sized enterprises (SME’s) in Germany, Austria and Switzerland. INTL FCStone offers a wide range of financial services including advisory and execution services in commodities, which will be offered to GIROXX’s corporate client base. This purchase completes a series of acquisitions and company restructuring to ensure that all clients of INTL FCStone Ltd are secure with their continuity of
– Timing and discipline “key” to returns in 2020, says BlueBay –
Macro-focused hedge funds have enjoyed a resurgence in recent months, generating a 6.50 per cent annual gain in 2019, aided by a 1.73 per cent return during the final quarter of the year, according to eVestment’s aggregated hedge fund performance data.
Refinitiv, a provider of financial markets data and infrastructure, has appointed Andrea Remyn Stone as Chief Customer Proposition Officer and member of the Executive Leadership team. Remyn Stone will report to the CEO of Refinitiv, David Craig.
