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.
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.
Kellner Capital, a hedge fund with a strong focus on merger arbitrage opportunities, is marking its 40th anniversary. Throughout its history, the firm has analysed roughly 10,000 deals, has achieved a deal completion rate of over 95 per cent, and generated 35 years of positive returns for investors.
Hazeltree, a provider of integrated treasury management and portfolio finance solutions for investment managers, has launched the Hazeltree AANA Estimator.
The Alternative Credit Council, the private credit affiliate of the Alternative Investment Management Association, has launched its Investor Manager Committee, a new initiative which aims to strengthen the ACC’s work on key areas where private credit market practice is still evolving, and foster better engagement between investors and asset managers in this burgeoning asset class.
In these times of uncertainty, startup and emerging managers are turning to their partners, consultants and service providers for support and guidance. Max Hayden (pictured), global head of prime brokerage sales at IG Prime, sat down with three respected, experienced COOs now providing outsourced services, to underscore the opportunities, challenges and considerations this group of managers are facing. Paul Gary Reynolds, founder of Covalent, Chude Chidi-Ofong, co-founder of Montague Square Advisors and Paul Clement, founder of Clement Advisory answer Hayden’s questions.
It is an exciting time to be an investment manager – creative, innovative startups are taking advantage of the opportunities which are aligned with themes at the forefront of investor appetite. The potential for growth in the realm of sustainability and crypto funds is enormous, once certain challenges are overcome.
As potential investors demand higher operational standards, startup managers become more selective and discerning when choosing their fund administration partner and technology platforms.
By A Paris — Following a year which has been positive for hedge funds in terms of performance, startup and emerging managers face an uphill battle as they continue focusing on generating return while strengthening their communication with clients and prospects.