Latest News
2013 was a year of key milestones for Advent’s Geneva product: the leading fund accounting engine within the hedge fund industry. First, version 10 of Advent’s Geneva was rolled out, with over 100 new features added to the three versions of the product. Second, more than 300 clients now use Geneva. And third, it passed USD100m in revenue since it was first introduced to the market.
“2013 was a great year for Geneva, both from a product and business perspective. From a product perspective we had our first set of clients adopt a couple of new modules. One is a
Sadis & Goldberg LLP is one of New York’s leading law firms. The Financial Services Group, which enjoys an international reputation, is headed up by partner Ron Geffner (pictured) and consists of a team of 13 seasoned legal professionals.
They routinely handle a diverse range of enquiries across the investment universe providing legal counsel to several hundred investment advisers, broker-dealers and commodity pool operators that sponsor, manage and advise hedge funds, private equity funds, venture capital funds and separately managed accounts.
In addition to the Financial Services Group, Sadis & Goldberg provides a full range of sophisticated legal services,
What is perhaps different for today’s start-up manager as compared to five years ago is the need to launch with greater amounts of capital. Moreover, they are doing so with a greater awareness of the need to adopt best practices from day one to stand a chance of attracting institutional dollars.
This trend is playing into the hands of firms like Anchin Block & Anchin.
“Many managers who don’t have to register with the SEC from the outset (provided they have less than USD150m of gross assets) are adopting a best practice approach and running their business as if they
New York-based Liquid Holdings offers a significant real-time risk management solution to the hedge fund community. Its cloud-based Liquid platform integrates portfolio and risk analytics by leveraging the firm’s heritage in bringing next generation technology expertise to the hedge fund community.
There is no doubt that risk management has evolved significantly in recent years. Once regarded as a secondary function that took place between the closing and opening bells, today risk management is an integral part of how a hedge fund operates.
The Liquid platform uses a large high-scale low latency database that allows vast amounts of information to
Amsterdam-based hedge fund seeding firm IMQ Investment Management is ready to embark on a new initiative as its current IMQubator fund begins to reach the end of its seven-year investment lifecycle; the fund will be liquidated in December 2015.
That initiative is something Jeroen Tielman (pictured), CEO and founder of IMQ Investment Management, refers to as a “Hybrid relationship Platform” whose sole purpose will be to provide acceleration capital to small and medium sized hedge managers.
It is being aimed at global asset allocators who are looking to not only increase their exposure to alternative investments but who want
Since Lyxor Asset Management was established in 1998 it has grown into one of the industry’s largest managed account platforms with over USD12billion in AuM. Manager selection is key to the success of the business model. Managers must pass a series of rigorous reviews conducted by Lyxor’s investment, operational risk and market risk teams. There are currently around 80 managers on the commingled platform.
In the early years Lyxor had primarily retail clients, yet today institutions account for approximately 75 per cent of the firm’s assets. These include large US public pension plans such as CalSTRS, which appointed Lyxor to
Over 50 per cent of firms are struggling with the technology challenges required to deliver competitive, quality reports, according to a white paper released by VistaOne Solutions, a division of CoreOne Technologies.
In January and February 2014, Wall Street & Technology, a division of UBM Tech, surveyed 108 buy-side decision makers from its financial services network database. The study looked at how buy-side firms are progressing in their efforts to keep up with the constantly evolving transparency requirements.
“Current technology platforms are not keeping pace with fund manager initiatives to grow AUM, expand distribution channels and tailor client services,”
By Marianne Scordel – When Hedgeweek decided to compare the US to the European hedge fund market a year ago, we found it pertinent to address the question from the perspective of an industry analysis, in order to provide new managers with inspiration and insight around how to position their businesses.
Understanding the environment, which includes the competitive landscape and the various trends and forces within it that continue to shape the industry in a dynamic way, is paramount when it comes to establishing long term success. Now is a time when, on both sides of the Atlantic, the industry is
DMS Offshore Investment Services (‘DMS’) was established in the Cayman Islands by Don Seymour in 2000. Over the past 14 years it has grown into one of the industry’s leading fund governance firms with over 200 people. “It’s been a 14-year overnight success,” says Seymour (pictured) with tongue firmly in cheek.
Prior to establishing DMS, Seymour was the chief regulator of hedge funds at the Cayman Islands Monetary Authority (CIMA). It was there that Seymour noticed that many fund directors didn’t view themselves as being in the risk management business.
“The mission of DMS was to realise the fact
Last year SEI grew its business across three client segments: 1) New clients, 2) Existing clients consolidating their administration services with SEI and 3) Existing clients utilising more of SEI’s product offerings.
“We’ve achieved much more market acceptance of some of the innovative solutions we’ve rolled out. The SEI Manager Dashboard is the key entryway that our manager clients use to gather insight from their data, whether it be from a security or fund-level perspective. Managers have found this particularly useful as they can customise it to their specific requirements. Linked to this is the SEI Investor Dashboard, an application
