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VERMEG, a software house providing Banking, Capital Markets, Insurance and Digital solutions, and Cassini Systems, a provider of pre- and post-trade margin and collateral analytics for derivatives markets, have partnered to assist financial institutions in complying with Initial Margin (IM) requirements for uncleared over-the-counter (OTC) derivatives, exchange-traded derivatives (futures and options) and prime brokerage.
VERMEG has integrated Cassini’s margin analytics platform into its COLLINE collateral suite, giving its clients a powerful new tool for achieving cost efficiencies and helping to meet requirements of the Uncleared Margin Rules (UMR).
As margin requirements have continued to increase across different business lines
Alternative asset manager Blue Owl Capital (Blue Owl) is to bring its institutional quality middle market lending capabilities to Canadian accredited investors.
The initiative positions Blue Owl as one of the first US-based private credit managers to offer direct lending capabilities to onshore Canadian investors.
Canadian investors will have access to the institutional share class of Owl Rock Core Income Corp (ORCIC), a business development company managed by Owl Rock, a division of Blue Owl. ORCIC has over USD2.7 billion in assets across 92 portfolio companies as of 30 November, 2021, and focuses on originating loans to, and making
Global quantitative asset manager Millburn Ridgefield has hired Michael Soss as Deputy Chief Investment Officer, a newly-created role at the long-running systematic investment pioneer.
Highvern has made three senior hires as it opens a new Irish office in Dublin.
The Dublin business will be headed up by Philip Dempsey as Country Head – Ireland, who is joined by Adrian Bailie and Emma Keane as Directors.
The Irish offering will include, subject to the applicable regulatory approvals, corporate and fund administration services to unregulated and regulated structures across Debt, Capital Markets, Real Estate, Infrastructure, Private Equity, Aviation, Hedge and other alternative asset classes in the Irish marketplace.
Law firm Seward & Kissel has promoted Daniel Bresler and Nicholas Miller to partner. The firm has also promoted Jay Baroody, Kurt Plankl, Dora Pulido, Filana Silberberg, and Steven Starr to counsel.
The promotions were effective 1 January, 2022.
Bresler is a member of the firm’s Investment Management Group, and represents US and non-U.S. investment managers, commodity pool operators, commodity trading advisors, and private funds, including hedge funds and private equity funds.
Miller is also a member of the firm’s Investment Management Group and represents sponsors and managers of private investment funds, including hedge funds and private equity funds,
Voting is now open for the Hedgeweek European Awards 2022, which will recognise excellence among fund managers and service providers in Europe across a wide range of categories.
Trading Technologies International (TT), a provider of professional trading software, infrastructure and data solutions to proprietary traders, brokers, money managers, CTAs, hedge funds, commercial hedgers and risk managers, has invested USD6.35 million in KRM22, a technology and software investment company focused on risk management for capital markets.
This is the first investment TT has made since its acquisition by 7RIDGE in late December.
In addition, TT has entered into a distribution agreement to market and distribute KRM22 risk management products. The products will leverage TT’s Software-as-a-Service (SaaS) platform ecosystem and significantly expand the firm’s risk management offering. The initial
Corinthian has appointed Denis Vinokourov as a Principal and Head of Research.
Corinthian is the brainchild of Paul Frost-Smith who, having developed algorithmic trading strategies at Argentium, saw the opportunity to invest across the entire crypto value chain, not just in high frequency arbitrage.
Vinokourov joins Corinthian from Synergia Capital, a DeFi Fund where he was Head of Research and part of the team tasked with identifying early-stage investment opportunities, with a particular focus on DeFi protocols across blockchains. Before this, he was Head of Research for Bequant, where he published thematic, tactical and market structure research on key trends
Apex Group Ltd has appointed John Davis as Managing Director, Singapore. Reporting to Valerie Mantot-Groene, Regional Managing Director, APAC, Davis will be responsible for leading a team of over 100 locally-based experts, and driving the firm’s continued growth and performance in the APAC region.
Davis brings over 13 years of experience in the Fund Services industry, as a Member of the Executive Committee of the Singapore Fund Administrators Association (SFAA) and most recently as Managing Director, Singapore at Mainstream Group. Davis joined Mainstream Fund Services as a graduate and held a variety of fund services roles including portfolio valuation, unit
What’s in store for the hedge fund industry in 2022?
What’s in store for the hedge fund industry in 2022?