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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.
Maritime technology and regulatory compliance firm, Pole Star has partnered with global trade finance technology provider TradeIX, to bring Pole Star’s multi award winning PurpleTRAC regulatory technologies to the Marco Polo Network. Developed in conjunction with companies facing regulatory exposure in maritime trade and shipping, the PurpleTRAC sanctions compliance screening and vessel tracking solution will enable users to automate, streamline and record their regulatory processes. Making PurpleTRAC available on the R3 Corda network will provide a single point solution for automated vessel sanctions screening, vessel tracking and risk management. This solution will be fully customisable to any user’s risk requirements and
Mosaic Smart Data (Mosaic), a real-time capital markets data analytics company, has appointed Mike Thorpe as its new Head of Sales.Over the past year, Mosaic Smart Data has updated its MSX platform to provide analytics for trading venues and buy-side firms as well as expanding the number of asset classes on the platform. Now, Thorpe joins a team of more than 40 at Mosaic to grow the company’s client base among the world’s largest institutions and support existing clients in on-boarding additional features and asset classes of the MSX platform.
Thorpe joins Mosaic after 14 years at Tradeweb where he
