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Blue Rice Investment Management, the Singapore-based credit and fixed income specialist, has created a new role and hired Jay Lee as senior marketing director repor
The former Asia head of JP Morgan’s hedge fund firm Highbridge Capital Management, Carl Huttenlocher (pictured), who left the firm in March 2011 to
Edinburgh-based Martin Currie has parted company with its top Asia fund manager, Chris Ruffle, following an investigation into a conflict of intere
Singapore-based volatility hedge fund manager Stephen Diggle (pictured), who re-launched as Vulpes Investment Management after liquidating the Artr
JMP Group Inc, an investment banking and alternative asset management firm, has appointed Kevin "KC" Lynch to president of Harvest Capital Strategies LLC, its asset management subsidiary. Lynch will also continue in his role as chief operating officer.
"Since joining in 2008, KC has been instrumental in building the institutional-quality infrastructure to position Harvest Capital Strategies for accelerated AUM growth," says Joseph A Jolson, JMP Group’s chairman and chief executive officer. "More recently, he has taken on the added responsibility of managing our fund raising efforts and has been actively involved in developing our strategic growth plan."
Prior to joining
MF Global Holdings Ltd, a broker-dealer providing trading and hedging solutions, has announced the pricing of its public offering of USD325 million aggregate principal amount of 6.250% senior unsecured notes due 2016.
MF Global intends to use at least USD100 million of the net proceeds of this offering to repay a portion of its outstanding indebtedness under its USD1.2 billion revolving credit facility and to use the remainder for general corporate purposes. MF Global expects to close the transaction on or about 8 August, 2011, subject to the satisfaction of customary closing conditions.
Jefferies & Company, Inc is acting as sole
Simon Hopkins (pictured), founder of Fortune Asset Management, the UK-based hedge fund investor sold to Close Brothers in 2006, has re-emerged as the founder of Singapore-based Milltrust International Group, an emerging markets investment platform focused on Asia, Africa and Latin America.
The firm is on the verge of launching a range of institutionally-focused, managed account-based funds for emerging markets, drawing on the expertise of some of the more established local asset management firms. It is also providing institutional investors with access to pre-screened private equity investments focused on the developing world.
"Our research shows that international investors are
Former Carbon360 Director of Research, Daniel Golyanov, has launched Vela Advisers, a New York-based consulting and advisory firm targeting both managers and administrators with comprehensive range of services.
Vela’s offering features a suite of services for alternative fund managers and fund services providers.
Fund Services Finder is a free service to assist in the fund administrator selection process. Taking into account the manager’s holdings, fund structure, and reporting needs, Vela Advisors will screen and negotiate with dozens of providers to find a perfect partnership.
"There was a definite need in the market for a service to help managers select
It’s been an interesting journey for UBS’s new Global Head of Hedge Fund Distribution, John Dyment: a newly created role within Global Prime Services that befits someone of his standing and expertise in the financial services industry.
The New York-based role, which Dyment began earlier this month, will see him drive forward and develop UBS’s hedge fund franchise, taking responsibility for sales, capital introduction and business consultancy services. What makes this unique, however, is that no one else is doing it: that is, breaking down the communication flow across product to service and grow a strategically important client segment. “It’s
Dow Jones Indexes has launched the Dow Jones Islamic Market RBP US 50 Index, a unique gauge designed to measure the largest 50 US stocks ranked by RBP probabilities supplied by Transparent Value, LLC that have first passed the screens for Shari’ah compliance.
RBP, which stands for Required Business Performance, is calculated by Transparent Value by taking a reverse discounted cash flow approach to determine the future business performance required by a company to support its current stock price. RBP probabilities measure the likelihood that a company can deliver the required business performance identified by applying the methodology over specified
