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The Gemini Companies (Gemini) has appointed Brian Privor as Chief Regulatory Officer. In this new role, Privor will help ensure that both Gemini and its fund clients’ operations are optimally equipped to comply with rules set by the US Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA), National Futures Association (NFA), and other industry regulators.
Privor’s 20 years of professional experience is deeply rooted in asset management and securities regulation, including seven years as Senior Counsel in the SEC’s Asset Management Unit in the Division of Enforcement, and the past year serving on the US Senate Judiciary
Destra Capital Management (Destra) has launched the Destra International & Event-Driven Credit Fund, a registered 1940 Act closed-end interval fund sub-advised by BlueBay Asset Management (BlueBay), a global fixed income specialist and an industry leader in multi-asset credit and event-driven credit investing.
“Destra is excited to make BlueBay’s unique investment strategies available to advisors and investors in the United States,” says Dominic Martellaro, Chief Executive Officer of Destra. “Destra and BlueBay are among the first to offer retail investors and financial advisors an international & event-driven credit strategy inside of a closed-end interval fund product.”
The fund is designed
BitSpread, a blockchain asset research and advisory firm, has launched BlockBerry, a new managed account platform.
The platform offers specialised, bespoke, managed account access to blockchain assets for institutions (both US and non-US), enabling self-management or third-party management. The blockchain assets covered include crypto-currencies, utility tokens and security tokens traded on regulated exchanges. BitSpread has five years of experience in the space and through its advisory role to the biggest market neutral liquidity fund accounts for over USD1 billion of crypto-currency transactions every month.
Cedric Jeanson (pictured), founder and CEO of BitSpread, says; “In the last five years we
Tradecraft Capital, a crypto asset hedge fund and investment company, has launched its first fund, the Tradecraft Crypto Asset Fund, an actively-managed portfolio of concentrated, high-conviction positions.
Unlike many crypto hedge funds that act more as a long-term focused venture fund or a typical long-short trading hedge fund, the fund is focused on active management with a medium-term time horizon.
“Crypto assets are the first invention in ‘money’ since double-entry accounting was invented in the 1400’s. Blockchain and crypto assets will revolutionise how we transact business because it offers new ways to accumulate, govern, store and transfer value,” says
Neudata has appointed alternative data specialist Jan Scibor-Kaminski as Managing Director. Scibor-Kaminski (pictured), was previously Managing Director of Structured Retail Products (SRP), a data business for the structured products industry, and part of the Euromoney Institutional Investor group.
“I am excited to be joining such a talented, young, vibrant company in what is the most fast-paced and dynamic sector of the financial services industry: alternative data has disruptive capability for managers and investors alike and it is fascinating to be able to play a small part in shaping this nascent, game-changing industry” says Scibor-Kaminski. “I look forward to working closely with quantitative
Marex Spectron, a global commodities broker and research house, has formed a joint-venture with Earth-i, a specialist ‘New Space’ technology provider, to develop and distribute a range of analytical tools.
Working alongside Marex Spectron’s award winning Market Analytics division run by Dr Guy Wolf (pictured), the joint-venture will initially focus on the copper market, combining Earth-i’s very high-resolution satellite imagery and video analytics with Marex Spectron’s datasets to produce end-to-end analytics and insight products.
Earth-i is at the forefront of an era known as New Space, driven by commercial and governmental organisations wanting to use high-quality, timely images and
Eze Software is launching an upgrade to its buy-side client service experience based on direct client feedback asking for a personalised solution.
The Personalised Client Experience aligns the client service organisation to consistently deliver high-quality, scalable, and personalised support to investment operations using Eze Software. Eze Software’s client service organisation has grown to 450 staffers worldwide through the end of 2017.
“As a long-time trusted service provider, we know how important fast, knowledgeable, and personalised support is to our clients. We created a structure that would enable us to achieve a higher level of quality and consistency in how
Dalton Strategic Partnership has launched the Melchior Systematic Global Macro Fund within its Luxembourg UCITS umbrella.
The fund will be managed by Thomas Dionysopoulos (pictured), who joined DSP from Advenis Investment Management in 2017. Prior to this, he was Head of Quantitative Strategy and Research at HSBC and a Proprietary Capital Trader at Citigroup and Société Générale Investment Banks.
The Fund will aim to deliver a return of 7-10 per cent per annum (net of fees) over a rolling three year period, with a targeted volatility of 7 per cent. It will focus in particular on protecting the portfolio
Hedge Funds gained 0.49 per cent in April according to the Barclay Hedge Fund Index compiled by BarclayHedge, versus a 0.38 per cent gain in the S&P 500 Total Return Index. Year to date, the Barclay Index remains up 0.30 per cent, while the S&P has lost 0.38 per cent.
“Increasing tension in the middle east and White House displeasure with the Iran nuclear deal provided a lift to share prices of energy companies,” says Sol Waksman (pictured), founder and president of BarclayHedge.
Overall, 13 of Barclay’s 17 hedge fund indices had gains in April. The Technology Index jumped 2.96 per
CIFC, a credit manager specialising in US corporate and structured credit strategies, has appointed Joshua Hughes, who most recently served as Head of Global Distribution at Muzinich & Co., as Head of European Marketing, effective immediately.
In this new role, Hughes (pictured), will lead CIFC’s fundraising efforts in the UK and throughout Europe as the firm establishes its European investment platform. Based in the firm’s new London office, Hughes reports to CIFC’s Co-CEO Oliver Wriedt.
“Joshua is a highly accomplished sales and marketing executive, whose credit industry expertise and deep institutional relationships will be instrumental as we further strengthen
