Latest News
IPSX Group (International Property Securities Exchange), which operates a regulated securities exchange dedicated to commercial property, has appointed Peter Wyllie to the role of Director, Capital Markets, reporting into Roger Clarke, Head of Capital Markets.
The IPSX team now comprises 17, following a number of hires over recent months as the management prepares for the next stages of the business’s development and works towards its first IPOs in the first half of next year.
Most recently a partner at the international hedge fund advisory firm, Sussex Partners, Wyllie brings around 35 years of capital markets experience to IPSX.
Asian private equity firm NewQuest Partners has held the final close of its fourth dedicated secondary fund, NewQuest Asia Fund IV with over USD1 billion in total commitments, surpassing its initial target of USD850 million.
The Fund increased its original hard cap of USD950 million to accommodate strong investor demand.
Fund IV investors include a diverse group of endowment funds, pension funds, sovereign funds, insurers, financial institutions and family offices across Asia, North America, Europe and the Middle East. Fund IV’s close comes on the back of NewQuest’s prior fund, NewQuest Asia Fund III, being fully deployed.
The Fund’s close
NextPrime, a provider of operational and capital efficiency to institutional participants in digital asset markets, has partnered with Asia-Pacific financial services group Crown Financial Services (CFS) to bring service banking, custodianship and multi-currency clearing and settlement solutions to the digital asset ecosystem worldwide.
CFS, a provider of money remittance, payment gateway, portfolio management, lending and investment services, already serves a number of exchanges. CFS will serve as a secure custody bank to NextPrime and aim to enable financial institutions and wholesale professional traders to easily trade digital assets at lower costs and less risk.
“Trading digital assets is the
The Anti Money Laundering (AML) service portfolio of Estera Law (Cayman), formerly U Law Limited, will be consolidated into Estera Trust (Cayman) Limited following the business affiliation relationship which was announced last month.
The expansion of AML services further extends Estera’s strategic capability in the Cayman Islands and adds AML compliance officer services, money laundering reporting officer services and deputy money laundering officer services with essential local expertise.
Estera Trust (Cayman) Limited has a dedicated team of professionals who are able to provide specialised AML services with specific knowledge of the Cayman Islands regulatory regime; the consolidation of AML
Ares Management Corporation has appointed Michael Schechter as Partner and Head of Credit Trading.
Based in Los Angeles, Schechter will oversee the trading of all bank loans, high yield and related credit instruments in the US and Europe. In this new position, Schechter will work with Ares’ existing senior trading professionals, portfolio managers and management to set and execute Ares’ trading agenda.
“We are pleased to welcome Michael to Ares in his new position as the leader of our Credit Group’s trading team,” says Kipp deVeer, Partner and Head of the Ares Credit Group. “Michael brings extensive knowledge and deep
Prescient Fund Services (Ireland) Limited, an independent provider of globally competitive and flexible outsourced management company, platform and fund administration services, has converted two of its fund platforms from PLCs (Public Limited Companies) to ICAVs (Irish Collective Asset-management Vehicles).
Prescient supports investment managers of Irish regulated and other traditional and alternative funds by providing the infrastructure and performing the key control functions that are required to help them to grow their businesses and meet their regulatory obligations.
The two umbrella platforms, one regulated as a UCITS and one regulated as a QIAIF (Qualified Investor Alternative Investment Fund), enable international investment
Janney Montgomery Scott, a full-service wealth management, capital markets, and asset management firm, is to utilise iCapital Network’s platform technology in a white-label solution to enhance the alternative investment capabilities on its platform.
Through the partnership, Janney’s Financial Advisors gain access to iCapital’s curated online menu of private equity and hedge fund offerings with the ability to seamlessly incorporate these investments into client portfolios. Within the fund menu, the iCapital Research and Due Diligence Team provides a high-quality array of diverse alternative investment offerings to help achieve desired client outcomes of growth, income, and portfolio diversification. iCapital will also offer
ExtractAlpha, a provider of unique alternative data sets and predictive models for institutional investors, has launched Insight, a comprehensive alternative data analytics solution for portfolio managers and analysts to understand their portfolio’s exposure to alternative data-driven factors.
Alternative data today plays a key role in the process of asset selection and allocation. Using Insight, portfolio managers and analysts can visualise their portfolio’s overall exposure and drill down into any stock to assess its exposure to ExtractAlpha’s alternative data factors and predictive models. It allows users to quickly uncover the drivers of stock prices and earnings; check the evolution of a
The Maples Group, a global service provider offering clients a comprehensive range of legal, fiduciary, fund, regulatory and compliance, and entity formation and management services, has recently appointed its thousandth member of staff.
Alasdair Robertson, Global Managing Partner of Maples and Calder, the Group’s law firm, says: “2019 has certainly been a memorable year for us. In addition to reaching this milestone, opening our Shanghai and Jersey offices following the successful launch of our Luxembourg legal practice, we also rolled out a complex rebrand.”
In January 2019, Maples and Calder and MaplesFS consolidated their offerings under a single brand, now
Caspian, a full-stack crypto trading and portfolio management platform for institutional investors and sophisticated traders, has partnered with Tagomi the leading global digital assets prime broker.
The two industry captains are set to shake up the crypto market with a new standard of crypto trading. The partnership will create the safest, most efficient and easy to access full end to end trading solution for institutional investors participating in crypto currency markets.
Launched in March 2018 Caspian was the first technology firm to provide a suite of institutional-grade trading solutions for crypto that include an integrated OEMS, PMS, algorithms and real-time
