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Osprey Funds, a digital assets investment firm, has appointed John Sweeney as Chief Operating Officer and Regan Cucinell as Chief People and Productivity Officer. The firm has also promoted Bill Birmingham as Chief Investment Officer (CIO).
As Chief Operating Officer, Sweeney brings a wealth of expertise to Osprey Funds from traditional financial services firms and blockchain startups. He was Executive Vice President at Fidelity Investments, where his team managed assets of over USD100 billion.
As Chief People and Productivity Officer, Cucinell will focus on attracting and retaining top talent and optimising workplace productivity. Prior to joining Osprey, she was a
Future Fintech Digital Capital Management, a subsidiary of lockchain-based e-commerce business fintech service provider Future FinTech Group (FTFT), has officially launched its first cryptocurrency hedge fund, FTFT Digital Number One US, LP.
The management team of Future Fintech Digital Capital Management LLC possesses aggregately over 25 years of investment management and trading experience, with roots in commodities trading from top-tier investment banks like JP Morgan and Goldman Sachs.
The fund manager, Dr Mark Dai, has over 15 years of experience as a Portfolio Manager specialising in energy futures and options and was previously a Senior Commodities Trader at JP Morgan.
Muzinich & Co has hired Yiannis Bartzilas as Director of ESG, as the firm continues to strengthen and deepen its commitment to environmental, social and governance (ESG) factors.
Yiannis joins from Pimco, where he was an ESG and Climate Change specialist.”
Based in London, Yiannis will work closely with the investment teams across the business as well as becoming an integral part of Muzinich’s various internal ESG groups.
The Firm has increased its ESG commitments in recent times. This includes the reclassification of the majority of its UCITS funds to Article 8 under the EU’s Sustainable Financial Disclosure Regulations1 and
New York state lawmakers are being urged by New York City Comptroller Brad Lander to approve raising the ceiling on the amount of public pension fund assets that can be allocated to alternative investments by USD27 billion, according to a report by AlternativesWatch.
New York City has five public pension funds, which collectively have USD274 billion in assets, and Lander serves as investment advisor and custodian of assets to each.
The alternatives cap is currently set at 25 per cent but Lander would like it rated to 35 per cent arguing that private equity, private credit, and real assets, promise
Neuberger Berman is creating a ‘next generation’ SPAC platform having closed its latest fund – the Neuberger Berman Opportunistic Capital Solutions Fund – with USD1.95 billion in capital commitments following a private investment from CC Capital, according to a report by AlternativesWatch.
Neuberger Berman and CC Capital are to co-sponsor a series of SPACs with the fund entering into a USD200 million forward purchase agreement with each one. As well as scaled capital, the CC Neuberger SPAC structure, offers companies access to up to USD300 million in backstop capital, which Neuberger Berman says makes deals more likely to reach closure.
Waystone has launched the Kayne Anderson Renewable Infrastructure strategy on the MontLake UCITS Platform ICAV.
The fund launched on the 9 February 2022 and joins the Waystone Investment Solutions product suite at Waystone Fund Management.
The fund, managed by Kayne Anderson Capital Advisors, is a long-only strategy investing in listed renewable infrastructure companies that are involved in business activities related to renewable energy production, storage, and transmission. The fund is classified as Article 8 under SFDR.
CAIA, a global professional body dedicated to alternative investments, and the SBAI, an active alliance of alternative investment managers and institutional investors and custodian of the Alternative Investment Standards, have formed a global partnership to drive better standards and professionalism in the alternative investment industry.
CAIA and the SBAI will share knowledge and collaborate on education, industry resources and transparency tools on topics including due diligence, ESG and Culture & Diversity.
CAIA and the SBAI are both recognised leaders in their respective fields, with CAIA’s professional education focus complementing the SBAI’s focus on standards and industry guidance for alternative investment
B2C2, a crypto-native liquidity provider across market conditions, has joined FIA, a global trade organisation for the futures, options and centrally cleared derivatives markets, as an Associate Member, alongside global institutions supporting open, transparent and competitive markets.
Established in 2015, B2C2 provides liquidity to diverse institutions globally, with 450-plus active clients in 50-plus countries. Agency OTC desks, aggregators, banks, exchanges, FX brokers and hedge funds rely on B2C2 for liquidity 24/7, especially during periods of market volatility. B2C2 provides a full-service offering spanning spot, funding and derivatives.
From the outset, B2C2’s trading technology has delivered transparency, efficiency and best practice
Surging prices prompted by Russia’s invasion of neighbouring Ukraine have seen hedge funds double down on their commodities bets, with increased exposure bringing sizeable returns, according to a report by CNBC.
Rising oil prices have made the energy sector a target for hedge funds, with crude topping USD130 per barrel at one point last week, while other commodities including aluminium and nickel have also seen big price increases. The former recently reached record highs, while nickel prices more than doubled in a matter of hours on 8 March.
The report name-checks Equinox Partners, Soroban Capital, and Warren Buffett’s Berkshire Hathaway
While the volatile nature of cryptocurrencies – coupled with the still-unfolding shape of regulation – has kept some investors on the sidelines, outsized returns offered by digital assets continue to draw in hedge fund managers.
