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Alternative asset management firms who made commitments to diversity, equity, and inclusion initiatives in 2022, particularly towards gender parity, have made ‘notable progress’, according to a new report from executive search and corporate advisory firm Jensen Partners.
Man GLG, Man Group’s discretionary investment unit, has appointed EOF Partners founder Sof Yiannakas and his team of two analysts – Andreas Christoforou and Giorgi Tevzadze – to run a new European opportunities long-short equity strategy.
Lombard Odier Investment Managers has launched the Global Carbon Opportunity strategy an actively managed strategy designed to capture opportunities across carbon markets worldwide. Global Carbon Opportunity is the latest addition to LOIM’s Alternatives franchise aligning with the CLIC framework.
DLD Asset Management, a New York-based investment firm, has expanded its investment strategies with the launch of the DLD Master Fund, a relative value multi-manager platform.Â
Astra Asset Management, a European alternative credit manager and private credit manager, has been selected as the exclusive financing partner to Harland & Wolff, the operator of one of Europe’s largest dry docks in Belfast, Northern Ireland.
Over its 161-year history, Harland & Wolff has been at the forefront of the UK’s offshore and maritime engineering industry. Some of its heritage works include the construction of HMS Britannia and the Myrina; the first UK-made supertanker.
Astra’s executive management team, led by its Founder and CIO, Anish Mathur, will support Harland & Wolff’s strategic growth plans, with the partnership is
The Detroit Policemen & Firemen Retirement System has decided to exit its hedge fund investments according to a report by Pensions & Investments Online.
The report cites official minutes from the pension fund’s investment committee meeting on 19 September as confirming the decision to eliminate the hedge fund class completely from its investment strategy. No reason was given for the change.
The $2.8 billion pension fund’s most recent annual report reveals that as of 30 June, 2021, its target allocation to hedge funds was 5%.
Distributed Ledger Technology (DLT) will bring significant efficiencies to global derivatives markets, but it is not a panacea for all processes, a new report by Acuiti has found.
DLT in Derivatives: Crypto innovation, traditional technology and the market of tomorrow, which was produced in partnership with ION, surveyed or interviewed senior executives at 87 firms from across the crypto native and traditional derivatives market.
The report asks what the future holds for derivatives market structure as innovations and processes developed in native crypto derivatives markets merge with traditional workflows. Participants in the study predicted that DLT will bring major efficiencies
Third Bridge, a global investment research firm serving the world’s largest hedge funds, mutual funds, private equity funds and management consultancies, has been awarded a Silver Medal by EcoVadis, a provider of business sustainability ratings.
Millennium Management has announced a shake-up of its its investment operations that will see chief investment officer Bobby Jain leave the hedge fund giant, according to a report by the Financial Times.
Balyasny Asset Management has become the latest hedge fund to expand operations to Dubai with news that it is to open a new office in the emirate next year, according to a report by Bloomberg.
The report cites an unnamed source as revealing that the $17 billion firm is planning to commence operations in Dubai during the first quarter of 2023 from premises in the ICD Brookfield Place. The new office will initially accommodate 20 people.
Dubai has already attracted some of big-name managers with both Izzy Englander’s Millennium Management, Michael Gelband’s ExodusPoint Capital Management, and Michael Platt’s private investment
