Latest News
Lukka, an institutional crypto asset software and data provider has appointed Dan Huscher as Head of Data and Analytics.
Read the full story at Institutional Asset Manager…
VAST Data, the storage software company breaking decades-old tradeoffs, has secured USD83 million in a Series D funding, led by Tiger Global Management, at a post-money valuation of USD3.7 billion – a tripling of the company’s valuation since April 2020.
The round features strong participation from NVIDIA and several other existing investors, and is driven by VAST’s unique combination of rapid customer adoption and positive cash flow. The funds add to VAST’s Series B and Series C investments to create a balance sheet that is USD230 million strong, positioning VAST as the next great independent infrastructure company that is poised
The Strategic Funds, a diversified asset management holding company that engages in alternative investment strategies and proprietary investments in private equity, has expanded its footprint into the crypto market with the launch of a new Fund.
The new Fund will offer accredited investors exposure to a diversified portfolio of crypto assets, beyond just bitcoin. By deploying a balanced allocation to the top 10 crypto tokens by market cap along with a quant-driven hedging algorithm for dynamic adjustments, as well as crypto asset and cash-based lending strategies, the fund seeks the primary objective of delivering long-term capital growth at moderate levels
Argentium Digital Asset Management, a London-based cryptocurrency hedge fund founded by ex-JP Morgan and Credit Suisse manager Paul Frost-Smith, has unveiled a new Cayman-based fund which will formally launch next month.
Neuravest Research, a provider of AI-driven model portfolio solutions for institutional investors, has hired JP Gravitt as Head of Data and Strategy. Gravitt will spearhead the opening and staffing of Neuravest’s New York City office.
Read the full story at Institutional Asset Manager…
Integral, a specialist technology company in the foreign exchange market, has reported average daily volumes (ADV) across Integral platforms totaled USD43.3 billion in April 2021. This represents a decrease of -19.2 per cent compared to March 2021 and an increase of +23.4 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.
By Gian Kull (pictured), head of special situations and uncorrelated strategies at Syz Capital – Litigation is a costly procedure. Available resources can have a substantial impact on outcomes, and smaller players are often disadvantaged against large corporations. However, the growth in litigation finance is helping to balance the scales.
Law firm Sidley Austin has appointed Ranah Esmaili as a partner in the firm’s Securities Enforcement and Regulatory practice in Washington DC.
Read the Full Story at Institutional Asset Manager…
Torstone Technology, a SaaS provider of post-trade securities and derivatives processing, has partnered with Digivault, a digital asset custody provider and custodial arm of Diginex, to provide Digivault’s clients with enhanced post-trade services while enabling Torstone Technology’s customers access to digital asset custody solutions.
Read the full story at Institutional Asset Manager…
Convertibles now key for Algebris, as rising inflation and falling yields loom over credit markets
Convertibles now key for Algebris, as rising inflation and falling yields loom over credit markets