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Stonyrock Partners (Stonyrock) and Leucadia Asset Management (LAM), a division of Jefferies Financial Group, have formed a strategic partnership to raise a permanent capital vehicle to invest in middle market alternative managers.
Stonyrock will target minority equity stakes in high-quality, middle-market alternative managers across a range of asset classes, strategies and geographies, including private equity, credit, hedge funds, real estate, venture, and infrastructure, creating a highly diversified portfolio of partnerships. Stonyrock’s strategy seeks to address the growing demand from alternative managers to bring in outside capital to execute on a range of strategic priorities including franchise growth initiatives, operational investments
GSR, a specialist in algorithmic digital assets trading and market making, has Bitcoin Variance Swap, which allows Investors, traders, and companies to purchase and hedge their digital asset portfolio against the volatility of bitcoin.
Volatility in the world of cryptocurrency often makes front page news as massive swings in and out of the nascent market can cause huge fluctuations in value of digital asset portfolios. For the crypto markets, high volatility is part of the game. The introduction of a Bitcoin Variance Swap will allow traders, investors, and companies the ability to hedge against market volatility that happens during bitcoin price
Amundi has appointed Ryan Myerberg as Head of Absolute Return – Global Fixed Income, effective 23 April. He will be based in London.
Myerberg joins Amundi from Janus Henderson Investors where he was a Senior Portfolio Manager for Global Macro and Global credit strategies. He was responsible for global economic, policy and political analysis, and was a member of the Investment Strategy Group, responsible for global asset allocation decisions across a number of fixed income strategies. He previously served as an international fixed income trader responsible for trading non-U.S. fixed income securities.
Prior to this, Myerberg was head of European fixed
Alpima, a specialist front-office platform for institutional and professional investors, has appointed Matt Johnson as Managing Director of Sales, reporting to IIan Heiman.
Johnson joins Alpima from CoinShares, where he was Head of Sales. Previously, Johnson worked in a number of senior industry roles, most recently at Invesco, Nomura, ETF securities and Bank of America Merrill Lynch.
Pierre Mendelsohn, Founder and CEO of Alpima, says: “We are delighted to have Matt join us. Matt is a very talented professional and a great manager. He brings unique expertise acquired on both the buy- and sell-side across a broad range of products
McKay Brothers International (MBI), a provider of microwave-based private bandwidth and market data services, has connected the Dubai Gold & Commodities Exchange (DGCX) to its European and US ultra-low latency network.
McKay’s new routes will further lower the latency between DGCX and major European and US trading hubs, thus improving the ability of McKay Brothers’ clients to not only access the DGCX, but also to trade in the most effective manner.
Les Male, CEO of DGCX, says: “We are delighted to welcome McKay Brothers to the DGCX. The addition of DGCX to their network and of McKay Brothers to ours, will
Chainalysis, a provider of cryptocurrency compliance and investigation solutions, has launched real-time transaction monitoring for ten cryptocurrencies.
The launch of additional cryptocurrencies comes in anticipation of global regulatory guidance that will require automated transaction monitoring for the cryptocurrencies that exchanges and financial institutions support.
Real-time monitoring is now available in Chainalysis KYT (Know Your Transaction), the anti-money laundering compliance solution used by more than 110 cryptocurrency businesses and financial institutions in 36 countries. Access to four of the most popular cryptocurrencies, including Binance Coin, Gemini Dollar, Tether, and USD Coin is available beginning today. Over the past year, the company
Murex, a specialist in trading, risk management and processing solutions, has launched a new offering addressing the challenges of LIBOR discontinuation and benchmark reforms. The company is also collaborating with LCH on a project relating to the cleared rates derivatives market.
To deliver a solution that quickly evolves with market requirements, Murex established itself as an active member of the ISDA community, participating in industry working groups and contributing to key reports. For the close monitoring of LIBOR updates, Murex also created a dedicated task force to provide guidance for customers as they assess how the changes will impact their
By Cyril Swale, Grant Thornton – Earlier this year Grant Thornton published a global economic report. We interviewed 5,000 mid-market business leaders – the feedback revealed a more downbeat outlook for 2019.
Global optimism was a net 39 per cent, 15 per cent down on where the sentiment was in the summer of 2018, and the weakest optimism score since Q4 2016.
But we said it was not all bad news. Yes, the headlines appear daunting, but there are good reasons for business leaders to hold their nerve. Despite increasing downside risk, economic fundamentals remained strong and opportunities exist, even in
By Kevin Smith (pictured), Estera – The introduction of the Guernsey Green Fund (‘GGF’) has given both investors and managers a transparent product through which investments into green initiatives can be made. Most significantly, it effectively creates a ‘kitemark’, assuring investors that specific green criteria have been met and that their investments are having the desired, positive environmental impact.
Unsurprisingly, there are certain factors that a manager or sponsor needs to take into account when establishing a fund that will be designated a GGF. These are the key points as we see them.
Choice in setting up a Guernsey fund
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Shaun Robert (pictured) of PraxisIFM outlines why Guernsey is a serious contender as a domicile of choice…
Guernsey has long been recognised as a mature, highly experienced non-EU financial centre. It continues to be known as a tax transparent jurisdiction, working extensively in co-operation with the European Commission, among others, to ensure it does all it can to co-operate on all transparency and appropriate regulatory matters.
In 2017, the EU Code of Conduct Group ‘Code Group’ undertook a screening exercise to assess various jurisdictions on their tax transparency, anti-BEPS and fair taxation measures. Guernsey was found to be compliant in the
