Latest News
For UMB Fund Services, the past 18 months have been a lesson in adaptability, flexibility and commitment. According to Jill Calton, EVP, Executive Director Alternative Investments for UMB Fund Services: “We quickly adapted to a new working style in March 2020, and over the course of a weekend, transitioned our entire workforce to remote work.”
Strong policies and procedures, a highly skilled and trained workforce, and paperless processes made this transition possible. “We already had remote work integrated into our disaster recovery plan so we were able to implement those changes without service impacts to clients and stakeholders,” she adds.
Waystone, the leading global provider of specialist services to the asset management industry, has been awarded Best Offshore Regulatory and Compliance Firm for the eighth year running.
Matthew Brown, Global Head of Business Development at Waystone, comments: “Over the past 18 months and with the challenges presented by the Covid-19 pandemic, Waystone has been providing its clients with a consistent level of high-quality service. The Our established infrastructure has allowed us to continue to develop our products and services to meet the needs of our clients, and we have been able to adapt quickly to any changes to ensure
Fund and corporate services provider, the Aztec Group, has formed an alliance with the global sustainability platform, Worldfavor, to launch new ESG and Sustainability Services for private market investment managers.
The alliance will offer Aztec Group clients the ability to better understand the impact of their business operations and investment decisions across environmental, social and governmental factors. Using specialist sustainability technology, investment managers will be able to report on the sustainability of their businesses and their underlying investments, meeting the requirements of a wide range of recognised sustainability frameworks and regulations.
“Sustainability transparency is fast becoming one of the key
The latest annual edition of the KPMG Private debt fund survey powered by the Association of the Luxembourg Fund Industry (ALFI), reveals that the sector saw AuM of private debt funds soar by 40.6 per cent compared to 2020.
The increase brings total assets under management to a record EUR181.7 billion, and builds on the 36.2 per cent growth in AuM for private debt funds seen in the last year’s survey.
Camille Thommes, Director General of ALFI, says: “As this year’s survey once again highlights, the rising star among the so-called alternative investments, private debt, has shown impressive growth
OSTTRA’s TriOptima, an infrastructure service that helps to lower costs and mitigate risk in OTC derivatives markets, has powered the inaugural compression of listed Nikkei 225 options at Osaka Exchange (OSE), part of Japan Exchange Group.
The OSE compression service powered by TriOptima, will enable OSE members to reduce their open positions and lower the capital costs of index options. Typically, positions are netted against each other multilaterally, allowing each market participant to reduce their position. The move, further extends TriOptima’s optimisation expertise in the asset class, supporting an ongoing industry wide push to reduce costs when trading derivatives.
“We
Quantile Technologies (Quantile), a provider of multilateral optimisation services for hedge funds and other financial institutions engaged in OTC derivative transactions, has appointed Esben Urbak and Rami Atieh as Senior Product Managers.
Atieh joined in November, while Urbak joined earlier in 2021, with both reporting to Varqa Abyaneh, Chief Product Officer.
Both Urbak and Atieh come from trading backgrounds and will work on new product development, with a focus on reducing risk and funding requirements in the derivatives markets.
Urbak joins from MUFG Securities, where he worked for nine years and was responsible for managing the main
The Chartered Alternative Investment Analyst (CAIA) Association, the professional body for the global alternative investment industry, has launched a Latin America Chapter, CAIA LatAm, that will bring together CAIA Members and candidates from across Mexico, the Caribbean, and Central and South America.
Led by Chapter Head Daniel Mueller, CAIA, Partner, Head of Latin America with Alpine Capital Advisors, the new LatAm Chapter will focus on providing opportunities for CAIA Members across Latin America to network, share ideas and insights, discuss best practices, and engage in an environment that will foster the continued growth of the local alternative investment industry and
Sycamore Tree Capital Partners (Sycamore Tree), an asset manager specialising in private and alternative credit investments, has closed its inaugural collateralised loan obligation (CLO), Sycamore Tree CLO 2021-1, Ltd (STCP CLO 1).
The CLO totals USD403.3 million, with Citibank Securities serving as the underwriter and Dechert LLP acting as legal counsel to Sycamore Tree.
STCP CLO 1 has a five-year investment period and invests in an actively managed portfolio of syndicated loans issued by US companies across a broad range of industries. It is co-managed by Scott Farrell and Paul Travers, industry veterans and Managing Directors at Sycamore Tree. STCP
Special Reports
FeatureD
- Insight