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Trium Capital, a London-based alternative investment specialist, has hired industrials specialist Jonathan Ingram to manage a new developed market, industrials-focused equity market neutral strategy.
Ingram’s appointment is one of several recent high-profile hires for Trium, as the group prepares to unveil a broader proposition to investors.
The Global Industrials strategy will be run using a systematic ‘value catalyst approach’. It relies on deep fundamental analysis to identify price and value dislocations, in order to capture relative arbitrage opportunities within a sector – thereby ensuring low correlation to the market.
Ingram has worked on industrials-focused hedge fund strategies for 15 years,
Cowen Inc has completed its acquisition of Quarton International AG and affiliated Quarton entities, a global financial advisory company serving the middle market.
The closing of this transaction creates a global, cross-border investment banking platform, with significantly expanded reach in the middle market and a full-service offering of public and private financing solutions across the capital structure.
“Quarton’s substantial middle-market advisory business in Europe and the US, in combination with Cowen’s merger advisory and capital markets franchises, meaningfully scales our advisory business in a manner that will truly benefit our clients,” says Jeffrey M Solomon, Chief Executive Officer of
Private investment firm Gridiron Capital has completed the sale of Quality Solutions, Inc (QSI), an asset light facilities management provider, to Cushman & Wakefield (NYSE: CWK), a global real estate services firm.
The acquisition of QSI will expand Cushman & Wakefield’s facility management capabilities and coverage across North American markets.
Headquartered in Wichita, QSI offers facilities maintenance and managed services in over 75 trades to 110,000+ locations across various end markets, through over 50,000 qualified vendors. The Company’s integrated, one-stop solution reduces a client’s total cost of ownership and enables clients to strategic plan effectively. Gridiron Capital originally invested in QSI
The European Energy Exchange (EEX) increased volumes on its power derivatives markets by 17 per cent to 273.7 TWh in December (December 2017: 234.5 TWh).
In power futures for Germany (Phelix-DE), at 159.1 TWh, trading volumes more than doubled compared to the previous year (December 2017: 72.9 TWh). Trading volumes in Austrian power futures (Phelix-AT) which have increased continuously and significantly since July 2018, reached a new record of 5.8 TWh. As a result, also the Phelix-AT contract has successfully established itself in the market and is increasingly used for hedging purposes. On the Dutch power market, trading volumes increased
MUFG Investor Services, the global asset servicing arm of Mitsubishi UFJ Financial Group, has appointed Julie Jeffers-Flynn as Executive Director of business development.
Jeffers-Flynn will be based in New York and report to Michael Rucci, US President and CEO of MUFG Investor Services.
Jeffers-Flynn will support MUFG Investor Services’ mutual fund platform, overseeing the management and awareness for MUFG’s 40 Act fund services expertise to mutual funds, ETFs, UITs and CITs. Her appointment reinforces MUFG’s commitment to growing its investor services business and enhancing client offerings across all investment strategies, asset types and fund structures.
“We are thrilled to have
Horseshoe Fund Services and Sudrania Fund Services are the latest firms to join the North American Fund Administration Association (NAFAA), a group for the alternative investment fund administration industry.
Since launching in February 2018, NAFAA has added nine alternative fund administrators to its association and have several others who have expressed their intention to join in 2019.
“Horseshoe has an extremely experienced team with a firm commitment to controls and standards and Sudrania was formed by a team of fund administration professionals each having 15-plus years in the industry making both firms ideal participants to assist NAFAA in its quest
Sidley Austin has appointed John H Butler as a partner and member of the firm’s global M&A and Private Equity practice, in New York.
Butler, who joins from Davis Polk & Wardwell, counsels clients on high-profile mergers and acquisitions, private equity transactions, restructurings and general corporate representations. He represents corporate, private equity and hedge fund investors on complex transactions and has extensive experience advising financial institutions in connection with advisory assignments.
“John’s proven dedication to client service and ability to lead on major deals makes him a perfect addition as we continue to build out our M&A and Private Equity practice
American Beacon Advisors (American Beacon), a provider of investment advisory services to institutional and retail markets, has launched the American Beacon AHL TargetRisk Fund, a new mutual fund based on the existing Man AHL TargetRisk multi-asset program.
The fund’s shares are available as Institutional Class (AHTIX), Investor Class (AHTPX) and Y Class (AHTYX).
The American Beacon AHL TargetRisk Fund aims to provide capital growth with a balanced, long-only approach, active risk management, and diversification across a broad range of markets. Its proprietary quantitative approach seeks to provide an excess return with a stable level of volatility regardless of market conditions.
Lazard Asset Management (LAM) has launched the Lazard International Compounders Portfolio (Institutional: ICMPX; Open: OCMPX), which is managed by the Lazard International Compounders team, led by Louis Florentin-Lee and Barnaby Wilson.
The fund invests primarily in companies listed outside of the United States, including those whose principal business activities are located in emerging market countries. The portfolio management team seeks to realise the fund’s investment objective primarily by investing in companies that the team considers to be “Compounders,” meaning high quality businesses that it believes can generate, and sustain, high levels of financial productivity (ie, return on equity, return on
Sidley Austin has appointed Steven Kolyer as a partner in the firm’s Global Finance practice in New York.
Formerly a partner with Clifford Chance, Kolyer practice focuses on securitsations, with a particular emphasis in collateralised loan obligations (CLOs). His CLO practice includes both corporate loan CLOs and commercial real estate CLOs (CRE CLOs).
Kolyer has extensive experience representing issuers, managers and arrangers in corporate loan CLOs and in CRE CLOs, as well as in establishing debt investment funds and related financings. His experience includes conventional securities offerings, commercial lending transactions, and private fund structurings and formations as well as credit-linked
