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Alter Domus, a fund and corporate services provider is now able to offer third party Alternative Investment Fund Manager (AIFM) services following its acquisition of Luxembourg Fund Partners, a Super Manco with Chapter 15 (UCITS) and AIFM authorisations.
Founded in 2009, Luxembourg Fund Partners was one of the first Luxembourg-based independent management companies to comply with the Alternative Investment Fund Managers’ Directive (AIFMD).
Following the acquisition, the company has changed its name to Alter Domus Management Company SA, a wholly owned subsidiary of Alter Domus, providing solutions for international fund managers seeking UCITS or AIFM services in an open
fundinfo, a fund information and research platform, is joining forces with the Luxembourg-based fund data management expert, F2C.
The deal will see F2C become a part of the fundinfo Group, creating a one stop shop for asset managers with a single offering for all their fund data management, publication and dissemination needs. This will allow asset managers to consolidate their vendor relationships and streamline data processes to reduce complexity, improve transparency and enable automated regulatory reporting under MiFID II and PRIIPS.
Since its launch in 2005, fundinfo has become a leading provider of services for asset managers in Europe
FIX Trading Community has published Release Candidate 3 for FIX Orchestra for public review, to help the industry move further towards standardisation and automation of rules of engagement and deliver major efficiencies to the counterparty onboarding process.
This will enable firms to define their service offerings in an entirely systematic way, allowing them to certify their flows faster and with greater accuracy, while significantly reducing the need for manual intervention.
FIX Orchestra was conceived as machine readable rules of engagement between counterparties. As such, it is a standard for the exchange of metadata about the behaviour of FIX applications that will allow adopters of not only FIX,
Alternative investments specialist Investcorp has partnered with Shoals Capital Management (Shoals), which currently manages approximately USD160 million in an event driven strategy investing across capital structure and sub-sectors in the financials sector.
Investcorp and other institutional investors, including a large US pension plan, have provided strategic capital to Shoals.
“We are excited to announce our investment with Shoals, as we believe it is one of the very few managers that measures the evolving regulatory framework’s impact on fundamental investment analysis across asset classes to inform portfolio decisions,” says Lionel Erdely (pictured), Head and Chief Investment Officer of Investcorp’s Alternative
Swarm, a blockchain for private equity and hedge fund investments, has launched the first major update to the Swarm Asset Management Network Alpha.
With this release, Swarm Fund token (SWM) wallets are now integrated with the Alpha Platform. In addition, SWM token holders can now start voting on foundation-level decisions via the Swarm Liquid Democracy Voting Module (LDVM), powered by SecureVote.
“We’re delighted to go live with this version of the Swarm Asset Management Network nearly a month ahead of schedule,” says Philipp Pieper (pictured), CEO and Co-Founder of Swarm. “Items like an integrated wallet and a dedicated
Perkins Coie has appointed Elizabeth Kemery Sipes as a partner in the firm’s Denver office where she will focus on representing private investment funds.
Sipes advises the sponsors of private investment funds, including private equity, venture capital funds, real estate private equity and hedge funds, on matters involving structuring onshore and offshore funds, upper tier management and general partner entities, reorganisations, side letter negotiations and investment adviser registrations and exemptions.
“Elizabeth’s considerable experience providing investment counsel to clients with sophisticated global financial interests strengthens Perkins Coie’s role as recognised trusted advisors for clients with specialised investment needs,” says Michael
Hathersage Capital Management LLC, a global macro investment manager specialising in G10 currencies and absolute returns, has been named Best Foreign Exchange Hedge Fund at the 2018 Hedgeweek Global awards ceremony in London.
This is the third consecutive year Hathersage has been honoured by Hedgeweek, and eighth major award overall for the firm since 2016.
Hedgeweek awards for excellence are determined by the votes of its readers, who include hedge fund investors, managers and service providers.
Hathersage was founded by Bill Lipschutz (pictured), who leads a team of highly experienced FX specialists, most of whom have worked together
Hedge Funds lost 1.53 per cent in February according to the Barclay Hedge Fund Index compiled by BarclayHedge, versus a 3.69 per cent decline in the S&P 500 Total Return Index. Year to date, the Barclay Index remains up 0.52 per cent, but lags the S&P which has gained 1.83 per cent.
“Reports of increasing wages, a strengthening economy, and job growth in the US stoked inflation fears and set the stage for the Dow’s decline of 1,175 points on 5 February, its worst ever single-day loss,” says Sol Waksman (pictured), founder and president of BarclayHedge.
Thirteen of Barclay’s 17 hedge
Since the trough of the recent sell-off, L/S Equity funds have outperformed other hedge fund strategies, according to the latest Weekly Brief from Lyxor’s Cross Asset Research team.
Their cautious stance since the end of January led them to partially catch up the rebound. Nonetheless, it allowed the most directional managers to alleviate the impact of the sell-off.
Relative Value Arbitrage managers demonstrated again their ability to perform well in a rising bond yields environment. Fixed Income and Credit managers were resilient to the market downturn in February, similar to that of credit markets. They also remained isolated from
SS&C Technologies Holdings is to acquire CACEIS North America, the fund administration business of CACEIS based in Toronto and New York. The acquisition, which is subject to customary closing conditions, is expected to close in the first quarter of 2018.
“We welcome the clients and skilled professionals of CACEIS North America. This acquisition further enhances the depth of our teams and our servicing capability in the Toronto and New York markets,” says Bill Stone (pictured), Chairman and CEO.
CACEIS is known for its leading fund administration services and support for complex investment strategies. The acquisition will add 65 employees,
