Latest News
Blaine Hurty has been promoted to managing director and head of capital introduction at Clear Street, a New York-based independent, non-bank prime broker, having originally joined the company’s cap intro team as a managing director in October 2022.
Prior to joining Clear Street, Hurty spent over seven years at AO Asset Management, a long-short technology, media and telecommunications hedge fund manager, most recently as principal, head of marketing & investor relations.
Through its cap intro service, Clear Street supports clients by making introductions to relevant investors who can help grow their funds.
Long-short equity hedge fund manager Peconic Partners has reclaimed the number one spot on HedgeFollow’s Top 20 Best Performing Hedge Funds list, with a three-year performance figure of +191.50%, according to the latest rankings from the hedge fund tracker.
Peconic, which, according to Preiqn was founded by William Harnisch in 1986, currently manages $1.1 billion in two hedge fund strategies – a long-short equities fund and an insurance linked vehicle.
In compiling the Top 20 Best Performing Hedge Funds list, HedgeFollow tracks regulatory filings of over 10,000 institutional investors to independently identify top-performing funds across multiple strategies.
ETD, a provider of symbology, reference data, corporate actions and legal entity data for the derivatives market, has partnered with capital markets services provider Options Technology, to provide clients with access to the global FX and CFD markets.
Vittoria and Partners was formed by a team which had worked together for many years at a larger hosting firm and wanted to carry on working together after leaving that firm. Joe Vittoria (pictured), CEO, Vittoria and Partners, expands on the benefits gained by the team members knowing each other well while also having in-depth understanding of the industry.Â
Hedge fund Standard General has terminated its acquisition agreement with US TV station operator Tegna, which manages 64 TV stations in 51 US markets, after failing to overcome a number of regulatory hurdles, according to a report by Reuters.
BlueCrest Capital Management, the private investment firm led by Mike Platt – the UK’s wealthiest hedge fund manager, according to the latest Sunday Times Rich List – is partnering with fintech Arcesium to support its post-trade operations and middle- and back-office workflows.
BlueCrest has begun implementing Arcesium’s fully integrated cloud-based technology platform which, once deployed, will support the firm’s operational teams.
As part of the tie-up, BlueCrest will also look to take advantage of Arcesium’s global Financial Operations capabilities to augment its in-house operations and technology team.
The NZ Superannuation Fund New, a New Zealand-based sovereign wealth fund established to help finance the country’s state pension scheme, has made a new $100 million allocation to global macro hedge fund Episteme Capital.
The Managed Funds Association has submitted a letter to the Financial Conduct Authority (FCA) backing the regulator’s efforts to modernise the UK asset management regulatory landscape and promote more competitive UK capital markets.Â
Cryptocurrency hedge fund firm BXB Capital, which is owned by Binance Korea’s co-founders JJ Petersen and Alex Friedberg, is looking to raise $27 million for a new fund, with all capital commitments being made exclusively in bitcoin, according to a report by Fortune.
The new vehicle, which Singapore-based BXB hopes to launch in July of this year, has reportedly so far attracted 400 BTC, around $10 million, from investors.
As well as raising capital in bitcoin, all of the new fund’s trading strategies will also be carried out in the world’s largest cryptocurrency with any investor returns being made in
Transaction Network Services is now live within the Nasdaq Nordic colocation data centre enabling the business to offer managed hosting services and exchange access via Layer 1 connectivity to Nasdaq Nordic’s Equity and Derivatives markets. Â
