Latest News
Alter Domus a provider of integrated solutions for the alternative investment industry has selected EZOPS, a provider of AI-enabled data control, workflow automation, and a regulatory reporting platform, to help with its digital transformation of reconciliation operations, business workflow and process automation across their firm.
Alter Domus specialises in servicing complex alternative investment products, funds and clients. It has over 3,300 employees across 36 offices in 21 jurisdictions around the globe.
The EZOPS ARO platform has self-service reconciliation, workflow and reporting modules, AI-driven prediction, analytics capabilities and process automation features that allow clients to enhance and automate operationally intense and
Alternative asset management firm Hayfin Capital Management (Hayfin) has appointed Marc Chowrimootoo as a Managing Director and Portfolio Manager within its private credit business.
In this role, Chowrimootoo will work closely with the investment team on sourcing and analysing investment opportunities, as well as portfolio management, across the firm’s private credit strategies.
Chowrimootoo brings a wealth of experience in leveraged finance as well as long-established relationships within the European private equity community, complementing Hayfin’s origination and portfolio management capabilities and its sponsor relationships. He joins from Goldman Sachs, where he was a Managing Director in the European Leveraged Finance
TP ICAP, a a global markets infrastructure and data solutions provider, has added another major market maker, Susquehanna, to its Digital Assets Spot platform, due to launch this year.
Susquehanna Digital Assets, is a member of The Susquehanna International Group of Companies (Susquehanna), is a global quantitative trading firm built on a rigorous, analytical foundation with deep experience in the traditional financial markets. One of the largest proprietary global quantitative trading firms in the world, Susquehanna was an early entrant to the cryptocurrency market. The company handles millions of transactions on exchanges around the world every day.
The addition of
Substantive Research, a research discovery and research spend analytics provider for the buyside, has published findings of its latest equity Analyst Mapping study showing that the brain drain in investment research has stabilised.
Emso Asset Management Limited, an alternative asset manager with USD6.8 billion in assets under management, has gone live on SS&C Technologies’ new Treasury Management Platform.
The platform provides responsive technology to unify front- and middle-office treasury workflows and help clients make real-time cash and treasury management decisions.
Using SS&C’s Treasury Management Platform, Emso monitors the daily cash balances of 36 funds and accounts and ensures unencumbered cash is managed in real-time. The platform also enables Emso to forecast cash flows by the fund, custodian, currency or additional attributes based on future trading activity.
A Market-neutral DeFi hedge fund has been launched by former investment manager Evgeny Gokhberg on London-based Falcon Investment Management’s multi-manager investment platform.
IHS Markit has partnered with METACO, a provider of security-critical software and infrastructure to Tier 1 banks in the digital asset ecosystem aimed at providing a post-trade processing solution for both digital and traditional assets.
IHS Markit’s post-trade securities processing platform has been integrated with METACO Harmonize, a secure digital asset orchestration system, to provide a single multi-asset platform for financial institutions to securely custody and manage digital assets alongside traditional assets. This integrated platform provides access for institutional clients to a highly scalable, multi-tenant software solution that secures, automates and standardises the trade, settlement and corporate actions lifecycles.
BTIG Limited has appointed Andrew Vass, a seasoned cross-asset sales and trading specialist, as a Managing Director the firm’s Institutional Equities business in London.
Vass will report directly to Luke Hodges, BTIG Limited’s Chief Operating Officer and Head of Equities.
At BTIG, Vass will be focused on continuing to develop the firm’s cross-asset trading capabilities and coverage of global hedge funds and other institutional investor clients in London.
Blank Rome has appointed David E Kronenberg as an energy finance partner in the Finance, Restructuring, and Bankruptcy practice group, and a member of the firm’s cross-practice Energy Industry Team.
Kroenenbrg, who will be based in the firm’s Washington DC, and Cincinnati, Ohio, offices, will focus his practice on the intersection of energy hedging, financing, and bankruptcy law, representing energy companies, financial institutions, hedge funds, and private equity firms.
Kroenenbrg joins from Sidley Austin where he served as counsel in the firm’s energy group.
The stock of casino operator Bally’s Corp was up 24 per cent on Tuesday, after its biggest shareholder, hedge fund Standard General, which offered to acquire all of the company’s outstanding shares for USD38 a share, according to a MarketWatch report.
The offer, which was the report says was made in a latter to Bally’s board, represents a roughly 30 per cent premium over the stock’s closing price Monday.
Standard general already owns more than 20% of Bally’s shares and intends to use a combination of sale-and-lease back and other long-term financing to fund the deal.
