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Petershill, a private equity unit of Goldman Sachs that takes minority stakes in alternative investment firms including hedge funds and private equity managers, has unveiled plans for a new publicly-traded vehicle on the London Stock Exchange.
Etrading Software (ETS), acting as exclusive Registration Authority for the new International Organization for Standardization’s (ISO) standard ISO 24165 for Digital Token Identifiers (DTIs), and International Token Standardization Association (ITSA), the non-profit organisation aiming at setting market standards for the global token economy, have formed a new joint task force to identify potential synergies regarding the identification of digital tokens.
The Digital Token Identifier Foundation (DTIF) was created by Etrading Software to provide ISO standard identifiers for digital assets based on open data principles. The joint task force is charged with identifying synergies in the issuance processes of both the
3forge, a specialist in real-time and historical data visualisation technology, has launched the industry’s first web-based Integrated Development Environment (IDE) aimed at accelerating and simplifying the creation of complex dashboards and workflows by bringing the entire process of development, debugging and deployment into a single, seamless interface.
Law form Venable has obtained a preliminary injunction on behalf of client Hedgeye Risk Management against former managing director Darius Dale for stealing the investment research house’s financial models before resigning to start his own competing business.
Federal Judge Andrew L Carter Jr found that Venable “has established a likelihood of success on the merits” regarding its claims against Dale for misappropriating Hedgeye’s trade secrets. Judge Carter granted Venable’s motion for a preliminary injunction, enjoining Dale from further accessing and using Hedgeye trade secrets and other confidential information, including source models and customer lists.
“While Hedgeye considers Mr Dale to
Brummer & Partners’ flagship multi-strategy vehicle slipped into the red during August, with all but two of its underlying managers posting losses during the month. The slide comes as the Stockholm-based fund began allocating capital to Kersley Financials, a new financials-focused long/short equity strategy, on 1 September.
Overall, Brummer Multi-Strategy fell 1.1 per cent last month, a loss which dragged down its year-to-date performance to -0.9 per cent. The twice-levered Brummer Multi-Strategy 2xL version meanwhile gave back 2.4 per cent in August, leaving it down 2.4 per cent overall since the start of 2021.
Long/short equity funds Black-and-White and Manticore proved
Integral, a technology company in the foreign exchange market, has reported average daily volumes (ADV) across its platforms of USD44.2 billion in August 2021.
This represents an increase of +0.5 per cent compared to July 2021 and an increase of +11.1 per cent compared to the same period in 2020.
Reported ADV represents volumes traded across the group’s entire liquidity network, including TrueFXTM and Integral OCXTM, in aggregate.
Integral’s global trading network has been designed to meet the execution needs of the widest variety of FX market participants, including banks, brokers, asset managers, and hedge funds. Our clients
