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Fairhills Group has hired Steven DiNunzio, CFA as Principal and Chief Financial Officer. Fairhills Group is a New York-based alternative asset management firm originally founded as the family office of Mr. Edward Bronson, a veteran principal investor and former telecom entrepreneur.
The appointment of DiNunzio comes as Fairhills expands its principal investment operations to include the incubation of experienced portfolio managers in new hedge fund strategies. Ultimately, these new funds will be offered to outside investors. Fairhills has recently sought external capital to expand its equity financing strategy and has announced its first seeding project as that of a niche
C-View, the UK-based discretionary currency trading hedge fund manager, has selected alternative assets marketing firm MCAM Group to raise capital for the C-View Currency Managed Account Program (CMAP) and for the C-View Emerging, Developing and Minor Currency Program internationally.


Established in December 1996, C-View currently manages over USD350 million USD for a wide range of international institutional investors. The firm was set-up by former Bank of America Global Head of Foreign Exchange Paul Chappell. Since inception C-View’s core focus has been to provide consistent risk-adjusted returns through fundamental/macro-based discretionary currency management services to public and private pension funds, endowments and
Commodity Futures Trading Commission Chairman Gary Gensler believes transparency is key to combating market abuses…
The recent increase in prices of gas at the pump affect every American family. It is but another reminder that markets need to be transparent, competitive, and free of fraud, manipulation and other abuses. Furthermore, as markets include both hedgers and speculators, it is critical for market integrity that no single speculator is able to obtain an overly concentrated position.
I support President Obama’s five-part plan, which strengthens the CFTC’s existing tools to be effective cops on the beat in the energy markets. It builds on
Managed futures lost 1.21% in March according to the Barclay CTA Index compiled by BarclayHedge. The Index is down 0.23% after the first three months of 2012.
“Losses for March were widespread, as 66 percent of reporting managers ended the month in the loss column,” says Sol Waksman (pictured), founder and president of BarclayHedge. “The river of red was wide, but fortunately it wasn’t deep.”
Six of Barclay’s eight CTA indices lost ground in March. The Barclay Diversified Traders Index dropped 1.85%, Systematic Traders were down 1.59%, Financial & Metals Traders lost 1.05%, and Currency Traders slipped 0.38%.
“US equity
OVS Capital, the European equity focused event driven investment manager is expanding its investment team with two new appointments; Manuel Blanco and Zac Lewis.
Blanco (pictured) joins OVS as an Analyst, having previously worked as a Senior Equity Analyst at Trafalgar Asset Managers, the multi-billion dollar event driven fund where his responsibilities included idea generation, analysis and trade construction across a range of hard and soft catalyst trades.
Prior to his time at Trafalgar, Blanco worked in Citigroup’s UK investment banking team in the Financial Sponsors Group working on multiple private and public transactions. Blanco is a qualified lawyer having
Eric Greenhut has joined alternative investment manager Ramius as a Managing Director and Head of Quantitative Trading.
Ramius’ quantitative trading platform was developed in-house and has been deploying proprietary capital through systematic trading programs since early 2010. Ramius is now seeking to expand and diversify the platform in order to enhance returns to proprietary capital and ultimately create systematic trading products for Ramius’ clients.
In a newly created role, Greenhut will be responsible for the management and development of the group, including the ongoing search for premier quantitative traders, researchers, and programmers. Greenhut will report to Thomas W. Strauss, President
The Dow Jones Credit Suisse Hedge Fund Index finished up 0.05% for the month of March.
The top performers of the index’s ten sub-strategies were Event-Driven (0.79%) and Fixed Income Arbitrage (0.74%) while the worst performers were Managed Futures (-2.96%) and Dedicated Short Bias (-1.35%).
The Alternative Investment Management Association (AIMA) has published detailed analysis of the European Commission’s draft implementing rules for the Alternative Investment Fund Managers Directive (AIFMD), which shows substantial policy differences between the Commission text and the advice provided by the European Securities and Markets Authority (ESMA).
Key areas where the Commission text diverges substantially from the ESMA advice include third country provisions, depositaries, delegation, leverage, own funds, professional indemnity insurance, appointment of prime brokers and calculation of assets under management.
Andrew Baker (pictured), AIMA CEO, says: “This is an exercise attempting to shed more light on the process. We
The Securities and Exchange Commission has charged an online brokerage and clearing agency specialising in options and futures as well as four officials at the firm and a customer involved in an abusive naked short selling scheme.
The SEC’s Division of Enforcement alleges that Chicago-based optionsXpress failed to satisfy its close-out obligations under Regulation SHO by repeatedly engaging in a series of sham “reset” transactions designed to give the illusion that the firm had purchased securities of like kind and quantity. The firm and customer Jonathan I. Feldman engaged in these sham reset transactions in a number of securities, resulting
Silver Mountain Group is offering operational due diligence to investors in hedge funds, private equity funds and other alternative investments.
Silver Mountain combines subject matter expertise with a blend of quantitative and qualitative analysis to create reports that add value to its clients’ investment processes. Silver Mountain delivers unbiased opinions and genuine analysis as part of its services.
Silver Mountain Group’s Founder, says: "Silver Mountain has a robust, institutional methodology for conducting operational due diligence. Our comprehensive approach has been continuously refined and enhanced over the course of several years and is ideal for investors in hedge funds, private equity
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