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Lightkeeper, a provider of portfolio intelligence tools and customised reporting solutions for the financial services industry, has appointed Stuart J Hendel as a senior managing director in the firm’s executive management team.
Hendel (pictured) has spent his career in the hedge fund industry, with leadership roles on both the buy and sell side.
"Stu has been at the forefront of the evolution and growth of Hedge Funds, almost from the very beginning. Stu has always been focused on shaping the hedge fund industry, and on the needs of customers. Given his experience and insight, we believe that Stu will
Eden L Rohrer has joined the New York office of K&L Gates as a partner in the investment management, hedge funds and alternative investments practice.
She joins K&L Gates from Crowell & Moring.
Rohrer (pictured) concentrates her practice on broker-dealer regulatory, enforcement, and litigation matters, including Self Regulatory Organisation (SRO) membership, employment, research, soft dollar arrangements, chaperoning of foreign broker-dealers, social media, anti-money laundering rules, securities offerings, and market making and trading issues.
She assists clients with responses to examinations and inquiries in a range of enforcement proceedings before the Securities and Exchange Commission (SEC), FINRA, NYSE, and state
EisnerAmper is to hold its second annual Alternative Investment Summit at the New-York Historical Society on 12 June, followed by an evening reception.
Anthony Scaramucci, founder and former co-managing partner of SkyBridge Capital, has been confirmed as the keynote speaker.
EisnerAmper’s summit is an invitation-only event exclusively for financial services executives, investors and key personnel within the alternative investment industry including analysts and portfolio managers. The event will feature highly interactive panel discussions on the latest issues and opportunities in the hedge fund and private equity markets and provide the opportunity for peer-to-peer networking.
Attendees will include chief
Visible Alpha has made two senior sales and relationship management hires to support the company’s expanding client base.
Rapid growth in clients and platform contributors has been driven by the acquisition of ONEaccess, partnerships with other solution providers and new product launches, such as the Visible Alpha platform and ONEaccess MiFID II Research Valuation Solution.
Mark McNerney (pictured) has joined as head of sales, EMEA with responsibility for expanding and servicing the growing client base in the region. Previously, McNerney spent three years at Fitch Solutions where he was global head of strategic partnerships and eight years at the
Global trends to increase allocations to alternative assets should give managers confidence in the future of Jersey’s funds industry, according to the chairman of the Jersey Funds Association (JFA).
Speaking at this year’s annual JFA Dinner (21 April) held at the Royal Jersey Showground, Mike Byrne (pictured) told an audience of over 400 funds professionals, senior politicians and regulatory representatives that moves amongst institutional investors were having a positive impact on the performance of Jersey’s funds industry.
Figures for the end of 2016 indicate that the total net asset value of funds under administration in Jersey stood at GBP260
Colt Technology Services has opened a point of presence (PoP) in Marseille – an increasingly important hub location for carriers and organisations looking for a high bandwidth connectivity gateway connecting Europe with Asia, Africa and the Middle East.
With IP traffic in the Middle East and Africa set to grow six-fold from 2015 to 2020 to 10.9 Exabytes per month, and IP traffic in Asia Pacific set to grow three-fold to 67.8 Exabytes per month over the same period, Colt is addressing customer demand for both point-to-point and geographically diverse high bandwidth transit between Europe, Africa, the Middle East and
Marcum has named Help for Children – Hedge Funds Care (HFC) as the exclusive charity beneficiary of the 2017 Marcum MicroCap Conference.
A percentage of proceeds from the accounting and advisory firm’s annual investor conference will be donated to support HFC grants for the prevention and treatment of child abuse.
This is the second year Marcum selected HFC as its charity partner for the Marcum MicroCap Conference, which will be held this year June 15-16 at the Grand Hyatt Hotel in New York City.
Founded in 1998, Help for Children is a global foundation supported by the alternative
StatPro Group, an AIM-listed provider of cloud-based portfolio analytics and asset pricing services for the global asset management industry, has joined the Cloud Security Alliance (CSA), an organisation dedicated to defining and raising awareness of best practices to help ensure a secure cloud computing environment.
StatPro launched the industry’s first cloud-based portfolio analytics platform in 2011.
StatPro Revolution is a cloud-based performance and risk analytics solution using advanced cloud technologies with multiple providers in global locations.
Client data and information security is a critical component when offering a cloud-based service to the global investment management industry. Joining the
Alternative fund administrators have reported an increase in assets under administration (AUA) to USD7.64 trillion, up 14.15 per cent from the prior year, according to eVestment’s 2017 Alternative Fund Administration survey.
Highlighting the continued growth in third party administration of private equity funds, survey respondents, who cover hedge funds, private equity, real assets, funds of funds, and liquid alternatives, see private equity as the strongest area of anticipated business growth, as they did in last year’s survey.
Hedge funds came in second for anticipated growth and real assets came in third.
The survey represents the current state of
Eighty-nine per cent of asset managers, brokers and banks believe that regulations are increasing costs, and most believe that compliance spend could more than double in five years, according to a survey from professional services firm Duff & Phelps.
The survey of nearly 200 senior financial services professionals shows that firms are typically spending 4 per cent of their total revenue on compliance, and this could rise to 10 per cent of revenue by 2022.
Despite this, firms are struggling to properly resource and comply with today’s financial regulation. For example, only 36 per cent of firms who are
