Latest News
Sustainable energy stocks have attracted the interest of hedge fund short sellers, according to a report in the Financial Times, with managers betting that the prospect of interest rates rise will mean companies with strong environmental credentials but weak earnings are less attractive to investors.
Linedata, a global provider of asset management and credit technology data and services, has added to its existing footprint in North America with a new office in Charlotte, North Carolina.
Linedata will provide a broad range of services across all the business lines, including Global Services, Asset Management, and Lending & Leasing.
Linedata expects to scale the Charlotte office rapidly with talents and experts across all the Business Lines and leverage local talent ranging from Fund Accountants, IT engineers, Product Developers, Cloud resources, and QA to complement the global resource pool.
Two members of Goldman Sachs quant team have left the business to a pursue crypto and hedge fund opportunities, according to Tittle Press.
Chris Perez, former managing director of market risk and quantitative analysis at Goldman Sachs in New York has left to take up the role of head of market risk at BlockFi, a Jersey-City-based provider of crypto wealth management products backed by Galaxy Digital.
Sid Chaturvedi, executive director of systematic equity trading at Goldman’s London office, has left to become lead portfolio manager at the Millennium hedge fund in Dubai.
A new initiative from IQ-EQ will support women to launch and grow their first funds.
IQ-EQ Launchpad aims to expand inclusivity for the wider asset management industry and foster a self-sustaining network of women in senior leadership roles.
Funds with over 50 per cent women ownership or a woman founder will be eligible to receive preferential service terms, tailored fund administration solutions, capacity building and access to a global network.
The Launchpad suite of services is designed to help women overcome the specific challenges they face launching their first funds, and was prompted by a recognition of the limited opportunities
DOMOS FS has added Hugues Chabanis – Vice President of Innovation at SimCorp – to its Board of Directors.
Chabanis is an expert in the Alternatives investment space, with two decades spent designing, building, selling, and implementing alternatives solutions across the globe.
Over the past seven years, he has led a tailored team that has built up the alternative investment capabilities of SimCorp’s Dimension platform. This culminated in the creation of the first true integrated IBOR and ABOR across Public and Private Markets. Under his supervision, SimCorp Dimension onboarded innovative and disruptive technology, partners and workflows allowing SimCorp Limited Partners Clients
Michael Hunstad, PhD, Northern Trust Asset Management’s (NTAM) head of quantitative strategies since 2018, is expanding his management responsibilities to include NTAM’s index equity and tax-advantaged equity teams, both of which are grounded in the systematic approach that powers the firm’s quantitative processes.
Hunstad has concurrently been appointed a member of NTAM’s Executive Group.
Since Hunstad has led the quantitative strategies team, it has grown from USD14 billion to USD36.9 billion in equity assets under management, as of 31 December, 2021. NTAM has been among the industry’s leading equity solution providers for more than two decades, during which time it
Post Road Group (Post Road), an alternative investment firm focused on middle-market corporate strategies and real estate, has closed the Post Road Special Opportunity Fund II LP with total capital commitments of more than USD300 million, exceeding the Fund’s target.
SOF II received significant backing from existing Post Road limited partners as well as new investors globally, including pension funds, fund of funds, university endowments, private foundations, and family offices.
SOF II invests in a range of corporate strategies, including secured credit, structured equity, and special situations in middle-market technology, media, telecommunications, and business services sectors. The Fund seeks
LexShares, a tech-enabled leader in litigation finance, has held the oversubscribed closing of the LexShares Marketplace Fund II (LMFII), a USD100 million fund dedicated to investments in commercial legal claims.
LexShares’ deployment of the fund will be overseen by new chief executive officer, Cayse Llorens, who joined the firm’s senior leadership team in 2021.
Investment in the fund was led by Titan Advisors, a USD4.5 billion alternative investments firm, with additional participation from several institutional investors and select family offices.
DASH Financial Technologies (DASH), a US options technology and execution provider, has launched DASH OMS, a newly redesigned order management system (OMS) built specifically for traders with options-centric workflows.
DASH OMS provides access to all DASH routing and algorithmic execution tools, including the award-winning SENSOR suite, DASH ATS and an integrated volatility trading suite, as well as support for all US listed-option products, including single-leg, spreads and crossing orders, and integration with DASH’s BrokerPoint network, enabling straight through processing capabilities with firms in the expansive BrokerPoint ecosystem.
DASH OMS also supports inbound and outbound FIX connectivity to third-party systems, as
RFA, a specialist IT provider to the alternative investment sector, is continuing its plans for EMEA expansion by launching a presence in the French capital, Paris.
