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Schulte Roth & Zabel has appointed Jason L Behrens as special counsel in the firm’s New York office. He centers his practice on the structuring, formation and negotiation of private equity and hedge funds.
Behrens previously served as an associate at the firm and re-joins after having served as general counsel at ACE Portal, Inc.
Behrens has represented a wide variety of fund sponsors, asset managers and institutional investors in all stages of private equity funds, real estate funds, secondaries funds, funds of funds and other alternative asset classes, both domestically and internationally. He deals regularly with issues relating
Borsa Istanbul has officially gone live on nine of Nasdaq's market-leading technologies including trading and clearing, settlement, market data management, index calculation, market surveillance, business intelligence, and pre- and post-trade risk management.
The initial implementation is for Borsa Istanbul's equity market. The Turkish exchange will also go live on Nasdaq technology for all other markets, including derivatives, debt securities, and precious metals markets.
The "transformation with technology" program, branded BISTECH by Borsa Istanbul, is a critical milestone in a series of major transformative steps aimed at making the Turkish capital markets more globally competitive.
"We are delighted to have
Societe Generale Prime Services has announced the 2016 constituents for the Newedge CTA, Trend, and Short-Term Traders Indices.
The Newedge CTA indices are a suite of performance benchmarks, based on the largest CTA programs. The indices calculate the daily rate of return for an equally weighted group of the largest CTAs (by assets) that are open to new investment, and provide daily data. The new constituents will be effective as of 1 January 2016.
James Skeggs (pictured), Global Head of Alternative Investments Consulting at Societe Generale Prime Services, says: “We are delighted to have completed our annual constituent review
The Lyxor Hedge Fund Index was up 0.7 per cent in November. Four out of 11 Lyxor Indices ended the month in positive territory. The Lyxor CTA Long Term Index (+3.6 per cent), the Lyxor Global Macro Index (+1.8 per cent), and the Lyxor LS Equity Variable Bias Index (+1.2 per cent) were the best performers.
The Fed and the ECB took centre stage – again – in November. The October 28 FOMC statement downplayed abroad risks and specified that members would consider "at the next meeting" whether action would be appropriate. It spurred an orderly but clear market repositioning. Later
Market participants must recalibrate business and operational models if they are to accommodate and benefit from fundamental changes within wholesale funding markets, according to a new BNY Mellon research paper published in conjunction with PwC Financial Services.
The newly released paper – The Future of Wholesale Funding Markets: A Focus on Repo Markets Post US Tri-Party Reform – concludes that, while regulation and ongoing reform will continue to shape wholesale funding, strong market forces combined with the underlying structure and profitability of the business are set to impact repo volumes, participant interactions, and views of risks in the system.
The
Backstop Solutions Group, a leading provider of cloud-based solutions for hedge funds, funds of funds, private equity funds, family offices, pensions and endowments, has appointed Michael Neuman as Vice President, Information Security.
In this newly created role, Neuman will oversee Backstop’s data and information systems security, and continue to advance the company’s policies and procedures.
“Protecting our clients’ data is our top priority,” said CEO Clint Coghill. “With threats from cybercriminals continuing to rise, we are investing to ensure we maintain the highest data security standards.”
Backstop takes pride in engineering safe and secure software-as-a-service solutions for the alternative asset
Artivest, a technology-driven investment platform, is heading in to the New Year year having passed a number of important milestones in 2015, including launching several new alternative asset funds, continuing to grow its user base of major independent advisors, providing customised white-labeled solutions for an expanding base of clients, and more than doubling the size of its staff.
Artivest’s accelerated business growth is indicative of the increasing demand among investors for access to institutional-quality alternative funds.
Having closed on a diverse array of top tier private equity and venture capital access funds since its 2013 launch, Artivest has unveiled plans
BNY Mellon Investment Management has launched the BNY Mellon Absolute Insight Multi-Strategy Fund, an absolute return multi-strategy fund available in a liquid alternatives mutual fund vehicle.
The Fund is sub-advised by Insight Investment, a BNY Mellon investment boutique with USD605 billion under management globally, including USD27 billion in liquid alternative strategies.
The BNY Mellon Absolute Insight Multi-Strategy Fund is the first mutual fund launch in the US to be managed by Insight and is substantially similar to Insight's flagship multi-strategy absolute return capability, which has a 10-year track record of providing resilient absolute returns through episodes of market dislocation,
BGC Partners has named Yann Le Gallais, Managing Director and Head of BGC's Swiss offices, based in Nyon.
In this role, Le Gallais will be responsible for growing BGC's business by offering a wider range of products and services to a broader client base of financial institutions in Switzerland. He reports to Jean Pierre Aubin, Executive Managing Director, Global Head of Listed Products and General Manager, Continental Europe.
"With an increasing number of asset managers and other buy-side firms establishing a larger presence in Switzerland, BGC is focused on growing our capability in this market so we can provide
Northern Trust has been selected to provide fund administration services to the VinaCapital Vietnam Opportunity Investment Fund.
The fund will be administered from Northern Trust’s Guernsey office and adds to its growing client base in the Channel Islands where Northern Trust provides a comprehensive range of fund administration solutions for a broad spectrum of fund structures.
“We chose Northern Trust for its strength and the depth of its knowledge of listed funds and are delighted to be working together,” says Steve Bates (pictured), the Chairman of VOF. “Northern Trust understands the complexity and challenge of investing in frontier markets such
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