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Michael Schoengruber, the founder of the fintech company 3Folio, is developing a software as a service solution specially designed for crypto hedge fund managers that allows them to integrate all administrative aspects of their fund’s investment strategy into one place – from monitoring to reporting.
Shane Connor, the managing partner of Ohio-based hedge fund Huffman Prairie Holdings, is set to be named as a director of Park Aerospace at the company’s forthcoming annual shareholders meeting in July, according to a report by the Business Journal.
Crestbridge has appointed Paul Phelan as head of risk and compliance – Ireland, as the business continues to enhance its platform in Dublin. Phelan has over 24 years’ pf financial services experience specifically related to the administration and management of regulated multi-domiciled investment fund products.
Phelan, who is an approved person under fitness and probity requirements by the Central Bank of Ireland, joins Crestbridge Link Group where he had headed up the compliance function in Ireland.
Phelan holds a variety of certifications from the Institute of Bankers in Ireland, is a Licentiate of Compliance Institute, and holds fellowship status with
Private equity has the potential to generate strong returns, particularly in uncertain market conditions, given the right investment partners. Daniel Boege, Head of Buyout, Golding Capital outlines the elements which have been driving various aspects of this market.
US stocks may have consistently outperformed their international peers over the past three decades, but AQR Capital Management’s co-founder and CIO Cliff Asness believes that streak could be ending and international equities may be a better bet for US investors, according to a report by Fortune.
Eisler Capital’s push to establish itself as a multi-strategy hedge fund has seen the company embark on a major recruitment campaign with ex-Goldman Sachs staff featuring prominently, according to a report by eFinancial Careers.
London-based digital assets held fund manager Nickel Digital Asset Management (Nickel), has reported strong performance for its multi-manager Diversified Alpha Fund, with the fund outperforming comparable hedge fund indices this year.
Data from Nickel, which was founded four years ago by alumni of Bankers Trust, Goldman Sachs and JPMorgan to provide institutional-grade access to the digital assets market, shows its Diversified Alpha Fund has delivered an estimated +7.5% return YTD to 30 April 2023, strongly outperforming major indices in its sector including the HFRX Absolute Return Index (0.0% YTD); the HFRX Global Hedge Fund Index (+0.3% YTD) and the HFRX
Louis Bacon, the founder and chief executive of New York-based global macro hedge fund Moore Capital Management, ‘made’ $203 million this week, but the cash came from the resolution of a long-running court battle rather than any trading prowess, according to a report by the Financial Times.
A New York judge awarded Bacon the money in damages at the end of a bitter and long-running defamation case against his former Bahamas neighbour, Canadian fashion mogul Peter Nygard.
The feud between Bacon and Nygard has its roots in noise issues from loud parties at Nygard’s Robinson Crusoe-themed property in the Bahamas
Limina, a provider of investments management software solutions, has partnered with Watson Wheatley, the developer of the iRecs reconciliation tool, which was originally built for one of the largest hedge funds in Europe, to offer highly automated reconciliation to the buy-side.
MSCI Inc, a provider of decision support tools and services for hedge funds and the wider investment community, has appointed Ashley Lester as global head of research and a member of MSCI’s Executive Committee. Based in London, Lester will report to Baer Pettit, President.
