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Schulte Roth & Zabel has added Peter Greene, Benjamin Kozinn, and Eileen Overbaugh as partners based in the firm’s New York office.
Greene is an industry leader who has advised many of the leading private fund launches over the past 17 years. He advises clients on all matters related to the formation and structuring of private funds and management companies, compliance and regulatory requirements, and public to private investment opportunities. He has particular experience in insider trading determinations, including the purchase, analysis, and use of alternative/big data and related enforcement.
He joins as a co-leader of the SRZ Investment
Kayenta Ltd (Kayenta), developers of hedge fund treasury software, have closed a capital raise.
The capital will be used to expand R&D resources and accelerate product development tailored to the needs of their hedge fund clients. Kayenta builds cloud native, API driven software that gives investment managers unparalleled transparency into their financing costs. The robust base offering with optional modules such as financing wallet, security level reconciliation, and securities finance data offers clients the opportunity to build the system that best fits their needs and price point.
The lead investor, South Street Securities Holdings, Inc (South Street), operates a
Liquidnet has appointed James Rubinstein as Head of Execution and Quantitative Services (EQS), Americas.
More than eight out of ten (84 per cent) professional investors believe digital assets will become mainstream, with just 3 per cent saying this will not happen and 13 per cent claiming it is too early to say. This is according to new research from London-based digital assets hedge fund Nickel Digital Asset Management (Nickel).
Cryptocurrency investing has not always gone hand-in-hand with ESG. Recent analysis suggests that these two major trends, which loom large over hedge funds and asset managers, are set for a head-on clash.
Some hedge funds could be among the trading firms forced to register as dealers and be subject to greater regulatory scrutiny by the SEC, according to a report by CNBC.
The commission has proposed two new rules that would require algorithm-based, high-frequency traders to come under SEC scrutiny in a bid to ensure market liquidity.
Under the terms of the new rules, firms or persons who purchase and sell securities in the same day or make profit through bid-ask spreads would be required to register as a dealer.
Alternate assets manager Vivaris Capital has launch a new, multi-strategy fund, the VICAN Fund, offering hybrid hedge and private equity structures.
AltExchange has launched what it says is the industry’s first fully-automated alternative investment reporting and management platform.
AltExchange automates and aggregates data on all alternative investments, from small fractional shares of cryptocurrency to multi-million dollar private equity investments, on a single platform. Investors can track up to USD1 million in assets with AltExchange for free.
AltExchange is founded by serial entrepreneur Zak Boca and former Bloomberg executive and Bloomberg Terminal developer Kareem Hamady.
Hedge fund EDL is creating two new vehicles to hold its Russian equities positions, according to a report by Bloomberg.
The macro investment firm run by Edouard de Langlade informed investors of the move in a letter which also outlined a plan to make an in-kind redemption for VTB Bank PJSC and Alrosa PJSC shares, which are both subject to sanctions, over Russia’s invasion of neighbouring Ukraine.
As of 18u March, the USD693 million EDL Global Opportunities hedge fund had about 10 per cent o fits assets invested in Russian equities according to the report.
CME Group, has launched launched options on Micro bitcoin and Micro ether futures, further expanding its suite of cryptocurrency derivatives offerings.
Sized at one-tenth of their respective underlying tokens in size, these contracts will offer a wide range of market participants – from institutions to sophisticated, active, individual traders – greater flexibility and precision to manage their exposure to the top two cryptocurrencies by market capitalisation.
