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Brevan Howard Asset Management LLP, a global alternative investment management platform, has appointed Colleen Sullivan, CEO and co-founder of CMT Digital, to lead the firm’s private and venture investment activities in crypto.
Additionally, Sullivan is to chair the investment committee of a new strategy which will focus on the highly compelling and disruptive technologies in this asset class. Brevan Howard is also announcing the formation of BH Digital, a new division to manage cryptocurrency and digital assets.
“Brevan Howard’s belief in the huge diversity of opportunities within the digital asset space and the significance of this to long term macro
Gordian Capital has announced the multi-country launch of GSB Equity Long Short Fund managed by Geoffrey Bennett of GSB Capital, LLC in San Francisco.
The Fund invests in high concentration, high conviction large and mid- cap Japanese equities. The market neutral strategy has been employed managing separately managed accounts and has a five-year track record. Capacity in the strategy is limited to USD650 million. In an industry-first, a leading Japanese corporate pension fund is seeding the Fund via a discretionary investment mandate awarded to Gordian Capital Japan.
Bennett, the Fund’s Founder and Portfolio Manager has focused on the Japanese markets
London-based crypto hedge fund Nickel Digital Asset Management has seen its assets soar some 260 per cent this year, as its range of cryptocurrency-focused strategies have generated gains throughout the sector’s rollercoaster ride.
The surge, which has brought the firm’s total AUM to more than USD250 million, has been fuelled by consistent positive returns across its four fund strategies, along with prudent risk management and a high-quality institutional team and business setup, the firm said this week.
Nickel Digital’s original flagship strategy, the Digital Asset Arbitrage Fund, now accounts for roughly a third of firm-wide AUM, having gained 12.6 per
Established in 1984, multi-strategy alternative investment manager and opportunistic credit investor Corbin Capital Partners today manages more than USD9 billion in assets across a broad range of commingled and bespoke portfolios.
Corbin invests across both corporate and structured credit, the latter spanning equity and mezzanine tranches of collateralised loan obligations, and residential and commercial mortgage-backed securities, among others.
“We partner and deploy capital in a lot of different ways – in CUSIP markets, both structured and corporate traded markets, including in RMBS, CMBS, in CLO equity and mezzanine,” Craig Bergstrom (pictured), Corbin’s chief investment officer, tells Hedgeweek.
About USD2.7 billion
Sycamore Tree Capital Partners (Sycamore Tree), a specialist asset manager with private and alternative credit investment expertise, has appointed Paul Travers as a Managing Director and Portfolio Manager, effective 9 September, 2021.
Hedge funds betting against easyJet saw their short positions boosted on Thursday as the low-cost airline’s share price took a sharp nosedive after it rejected a takeover bid.
With the recent arrival of experienced antitrust and M&A lawyer Miguel Vaz, European law firm Fieldfisher is now providing a “one-stop-shop” service to a number of top tier investors and hedge funds, focused on risk-adjusted merger arbitrage investment opportunities.
“Merger arbitrage investors need to understand the antitrust and other regulatory risks that may affect the outcome of M&A deals so they can make informed investment decisions,” says Vaz. “In this type of market, success is determined by identifying and assessing regulatory issues and other risk factors quickly, precisely and with access to quality information.”
Fieldfisher’s Merger Arbitrage team covers
Overbond has added a rich-cheap model to its suite of AI fixed income analytics, allowing buy-side desks around the globe to generate systematic return with a real-time, fully back-tested methodology that is part of a scalable and interoperable trading system.
CloudMargin, creator of a collateral and margin management solution native to the cloud, has made enhancements to facilitate clients’ preparedness for the Uncleared Margin Rules (UMR) for firms that have just fallen under the scope of Phase 5 or will fall under the scope of Phase 6 as of next September.
The firm is now connected to nearly 60 custodians globally for cash, securities and third-party SWIFT settlement, in addition to its long-established SWIFT connectivity to the four major triparty agents.
In January 2016, CloudMargin became the first collateral management technology provider to offer direct connectivity to SWIFT’s global
Hedge funds’ narrow rise during August has driven their year-to-date returns back into double-digit territory, as equity long/short, event driven, macro and relative value managers all scored gains in the face of the Afghanistan crisis, ongoing monetary policy uncertainty, and Covid’s continued impact on markets.
Hedge Fund Research’s main Fund Weighted Composite Index – a broad-based index tracking the monthly returns of some 1400 single manager hedge funds across all strategy types – rose 0.80 per cent last month.
August’s positive performance reversed July’s narrow 0.60 per cent loss, which had been the benchmark’s first down month since September 2020.
