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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,
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
The Archegos meltdown, the “meme stock” short-selling squeeze, and new curbs on Chinese education stocks contributed to a “significant stress test” for the prime brokerage sector in 2021, one which potentially heralds far-reaching consequences for the ways prime brokers and hedge funds do business in the future.
SW Capital, a USD50 million AUM Germany-based hedge fund, has seeded its decentralised spin-off SW DAO with USD750,000 in capital for its tokenised investment portfolios.
Some USD500,000 of capital has been deployed into SW DAO’s tokenised Yield Farming fund, SW Yield Fund (SWYF), while an additional USD250,000 of capital has also been deployed into SW DAOs flagship product the SW Alpha Portfolio (SWAP).
Both these products are tokenised variants of SW DAO’s public investment strategies which have shown alpha-generating results since their launch in mid-2020.
All profits generated from these SW Capital investments will be provided directly to the SW
Digital asset investment products saw inflows totalling USD9.3 billion in 2021, a 36 per cent increase from the USD6.8 billion seen in 2020, according to the data release bu CoinShares.
While the increase from 2019 to 2020 was significantly higher at 806 per cent, CoinShares says this represents a maturing industry, with total assets under management (AuM) ending the year at USD62.5 billion.
The total number of coins in investment product form has expanded from nine to 15, with 37 investment products launched in 2021 versus 24 in 2020 bringing the overall total to 132, a sign of the growing demand and popularity of digital assets, according to CoinShares.
What’s in store for the hedge fund industry in 2022?
What’s in store for the hedge fund industry in 2022?