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eVestment, a specialist in institutional investor data and analytics, has acquired RedQuarry, the provider of a cloud-based investment research management solution.
RedQuarry was founded in 2014 by Chris Tinsley and Jared Potter. Tinsley, Potter, co-CEO Patrick Adrian and the rest of the firm’s staff will join eVestment operating out of their current Tacoma office. The team’s unique blend of investment consulting and software development experience positions it to continue building innovative solutions specifically tailored for the institutional investment community.
RedQuarry’s proprietary software, which will be rebranded as eVestment Research Management, equips clients with tools to manage their investment research process
BNY Mellon Investment Management’s US Multi-Asset Manager has hired an experienced investment team managing quantitative strategies including Risk Parity, Managed Futures and Alternative Risk Premia.
Roberto Croce PhD (pictured), Berto Brauns and Xuan Huan joined the firm’s Boston office. Rob serves as senior portfolio manager and managing director, while Berto and Xuan are senior research analysts. Prior to joining the firm, the team was at Salient Partners, a Houston-based alternative asset manager, where they developed the strategies.
“We are delighted to join a firm with such a strong investment culture,” says Croce. “With clients becoming more solutions-oriented, contributing our
The Gemini Companies (Gemini) has been voted the best Liquid Alts ’40 Act Fund Administrator for 2018 at the annual Hedgeweek USA Awards in New York.
The Awards are based on a ‘peer review’ system and decided by readers of Global Fund Media’s (GFM) publications (Hedgeweek, Institutional Asset Manager, Wealth Adviser, AlphaQ, ETF Express, and Private Equity Wire).
“We are pleased to offer managers of complex funds the specialised and expansive suite of administration services they need to help their investment vehicles provide the exposure and returns their investors demand,” says Kevin Wolf, Gemini President (Solutions for Registered Funds).
Vela, a provider of trading and market access technology for global multi-asset electronic trading, has appointed Scott Visconti as CTO, focusing on technology strategy, supporting growth, and the next stage of development of Vela’s product stack, services, and processes.
Visconti (pictured), will be based in Vela’s headquarters in New York, reporting to CEO Jennifer Nayar. He will lead the global development team and work alongside the executive team to cement the firm’s position as an innovative and transformational leader.
Nayar says: “We are delighted that Scott has joined Vela. Having Scott as part of our executive team underpins our
Wealth management platform Dolfin’s Maltese unit, Dolfin Asset Services Ltd, has become a member of the Malta Stock Exchange (MSE). Dolfin CEO Denis Nagy took part in the MSE’s traditional ringing of the bell ceremony to mark the occasion.
The firm’s membership means that Dolfin’s traders in Malta and its clients have direct access to Malta’s securities market, both in bonds and equities. The move builds on the Dolfin Group’s ambition to offer a true one-stop-shop to its clients – for investment accounts, execution, or asset management – regardless of whether they custody their assets in London or Malta. Dolfin
The European Power Exchange EPEX SPOT and the clearing house European Commodity Clearing (ECC) have supported the Irish power exchange SEMOpx by setting up a Day-Ahead and Intraday market in Ireland and Northern Ireland, including clearing and settlement.
The markets were launched on 30 September 2018, with first trading day for delivery on 1 October.
In the context of a broad power market reform in Ireland, the Irish Transmission System Operator (TSO) EirGrid and the Northern Irish TSO SONI launched a tender for the operation of Day-Ahead and Intraday markets as well as clearing and settlement. EPEX SPOT and ECC
GAM Investments has launched an offshore version of its alternative risk premia strategy, which currently has USD1.8 billion of assets under management, as at 28 September 2018.
The new product will complement GAM’s existing range of strategies available to institutional investors, including existing systematic strategies managed by the GAM Systematic team. GAM Systematic has USD 4.7 billion of assets under management, as at 30 June 2018.
GAM’s alternative risk premia strategy typically targets around 15 risk premia strategies across the style categories of value, momentum and carry. The team uses a disciplined research process to design, systematically implement and
Alternative investment manager Shrewsbury River Capital (SRC) has added Dan Voloshin as a new senior member in its investment team.
Voloshin joins SRC from his previous role as head of the CMBS Secondary Trading Desk at Deutsche Bank (DB), a franchise for CRE financing, CMBS issuance, and secondary CMBS trading. He managed a team of traders and a large portfolio of CMBS securities across the credit spectrum.
Prior to running the trading desk at DB, Voloshin was focused on trading the non-investment grade and distressed CMBS portfolio. Preceding his time at DB, Dan was the co-head of the Barclay’s CMBS
Private equity funds managed by Blackstone – together with Canada Pension Plan Investment Board (CPPIB) and GIC – have completed the previously announced partnership transaction with Thomson Reuters for Thomson Reuters’ Financial & Risk (F&R) business.
The Blackstone-led consortium now owns 55 per cent of the equity in a new corporation created to hold the F&R business, and Thomson Reuters retains a 45 per cent equity stake, at an overall valuation of USD20 billion. The Financial & Risk business is now known as Refinitiv.
Refinitiv is one of the world’s largest providers of financial markets data and infrastructure, providing leading
Argentière Capital, a Switzerland-based alternative investment manager, has implemented Hazeltree’s treasury product suite.
Hazeltree Cash Manager enables centralised aggregation and monitoring of Argentière’s cash balances across a multitude of brokers, banks, and other counterparties; optimises cash usage and maximises yield while minimising currency risk; and, enables cash movements with a fully integrated wire solution.
Hazeltree Collateral Manager streamlines and aggregates Argentière’s OTC collateral management activity; compares and reconciles internal, independently-valued OTC positions against each counterparty’s view; and, efficiently responds to, issues, or disputes daily margin calls to minimise collateral use and open OTC positions risk.
Hazeltree Margin Manager