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Fund and corporate services provider Alter Domus has launched a new third party AIFM management service offering, as it continues to enhance its vertically integrated range of services to the alternative funds market.
Alter Domus has signed an agreement to acquire Luxembourg Fund Partners, subject to the usual regulatory approvals from the Luxembourg regulator. On completion of the deal, Alter Domus will be able to provide set-up support, administration and management company services to international fund promoters.
Luxembourg Fund Partners was founded in 2009 by Luc Leleux and Julien Renaux as an independent management company focusing on integrated investment
SEC Chairman Jay Clayton has issued a statement highlighting the importance of cybersecurity to the agency and market participants, and detailing the agency’s approach to cybersecurity as an organisation and as a regulatory body.
The statement is part of an ongoing assessment of the SEC’s cybersecurity risk profile that Chairman Clayton initiated upon taking office in May. Components of this initiative have included the creation of a senior-level cybersecurity working group to coordinate information sharing, risk monitoring, and incident response efforts throughout the agency.
The statement provides an overview of the Commission’s collection and use of data and discusses
The European Energy Exchange (EEX) is planning to launch a liquid milk future in the first half of 2018, subject to the approval of the Exchange Council.
EEX will be the first European exchange to offer a liquid milk product for trading. The contract size will be 25,000 kgs and the future will be settled financially against a liquid milk index which is currently being developed by EEX.
“Generally liquid milk can already be hedged synthetically at EEX by trading butter and skimmed milk powder contracts. With the introduction of liquid milk futures we will offer an additional direct
Protos Cryptocurrency Asset Management is planning to hold an Initial Coin Offering (ICO) to raise capital for a data-driven crypto hedge fund that will invest solely in cryptocurrencies and tokens.
Protos tokens will be a security issued under the exemption from registration with the US Securities and Exchange Commission pursuant to Regulation D.
The founders of Protos – Matthew Shaw (pictured), Philipp Kallerhoff, and Thomas Kineshanko – have significant experience in the funds and cryptocurrency space. They have over a decade of combined experience investing in cryptocurrencies, have managed funds of over USD1 billion and Protos will be their third
Neuberger Berman is set to enhance its quantitative investment capabilities with the addition of Breton Hill Capital (BHC), an investment firm managing approximately USD2.0 billion in client assets (at 31 August 2017).
The BHC team, based in Toronto, Canada, utilises rigorous quantitative research and proprietary technology infrastructure informed by deep capital markets experience. BHC’s solutions range across the risk and return spectrum with a focus on alternative risk premia and multi-factor solutions spanning equities, currencies, commodities, and rates. BHC manages capital for a diverse investor base comprised of institutions, ultra-high net worth individuals and retail investors across various vehicles.
Man Group has become a signatory to the United Nations-supported Principles for Responsible Investment (PRI). Two of Man Group’s investment businesses, discretionary manager Man GLG and systematic equity manager Man Numeric, have been signatories to the PRI since 2012 and 2014, respectively.
The firm is now elevating its commitment to the Man Group level, implementing the Principles across its five investment businesses – Man AHL, Man Numeric, Man GLG, Man FRM and Man Global Private Markets – that collectively manage USD95.9 billion in client assets.
Man Group takes a diversified approach to responsible investment across its investment businesses,
NEX Markets, a NEX Group business which provides electronic trading technology services in the fixed income and foreign exchange (FX) markets, believes that its EBS Institutional FX platform is uniquely positioned to help the asset management community address liquidity and execution requirements in advance of the MiFID II implementation.
EBS Institutional is NEX Markets’ FX workflow and trading solution catering to the specific challenges of the asset management community. The increasing need for transparency, including MiFID II obligations, requires asset managers to be able to track and justify every decision in the trading lifecycle. Meanwhile, newly required annual reporting on
US Commodity Futures Trading Commission (CFTC) Chairman J Christopher Giancarlo (pictured), has announced the appointment of Matthew B Kulkin as Director of the CFTC’s Division of Swap Dealer and Intermediary Oversight (DSIO).
Kulkin comes to the CFTC from the law firm Steptoe & Johnson LLP, where, as a partner, he advised financial market participants on legislative and regulatory issues.
“I am pleased to welcome Matt to the Commission,” says Giancarlo. “He comes with a wealth of knowledge on Dodd-Frank Act regulation and our derivatives market that will serve us well.”
“Under Chairman Giancarlo’s leadership, the CFTC is seeking
Bison, a technology provider focused on developing innovative analytical solutions for the private markets, has integrated the Cobalt GP and Cobalt LP products with Ipreo’s iLEVEL platform.
Launched in 2016, Cobalt is a software platform developed jointly by Bison and Hamilton Lane (NASDAQ: HLNE), a global private markets asset management firm. Cobalt LP is used by institutional investors, including Hamilton Lane, to understand capital flows in portfolios, diligence managers and report on portfolio performance. Cobalt GP helps fund managers service clients with custom analysis, automated reporting and powerful visualisations. With the new iLEVEL integration, Cobalt’s platform fits even more easily into
Perkins Coie has appointed Christopher J Hagan (pictured) as a partner in the firm’s Corporate practice in the Washington DC office with a focus on private equity matters and mergers and acquisitions.
“Chris is a noteworthy inclusion to the firm’s nationally recognised mergers and acquisitions practice because of his exceptional track record working with private equity sponsors,” says Nate Ford, Chair of Perkins Coie’s Private Equity practice. “Chris’s high-level of deal activity includes cross-border transactions across a range of industries including the business services, healthcare, energy, technology and manufacturing sectors. We are delighted to welcome him to the firm.”
