By Mike Saville, Grant Thornton – Previously, a number of superstar hedge fund managers felt that investors should be honoured to have their subscriptions accepted, and consequently dictated the terms of the investment. Today, however, things have changed. Increasingly, institutional
By Ian Gobin, partner, Appleby – Want to set-up your own hedge fund? If so, you’re not alone. According to a recent report by the Financial Times, last year more than 1,100 new hedge funds launched globally, the highest number
Qbasis Invest, the Liechtenstein-based managed futures specialist, is expanding its London marketing operations with the appointment of Alistair Evans as director sales, UK. Evans has eight years’ experience in the alternatives sector. Most recently, he was partner and co-founder of
Outsourcing the trading function has become an important trend within the hedge fund industry as managers, both large and small, look to generate marginal gains by reducing the cost of operations. A report by Greenwich Associates in December 2018 found
The City of New Haven’s Employee Retirement Fund has invested USD8m in IndexIQ’s multi-strategy hedge fund replication separately managed account vehicle. This allocation represents the first time the City of New Haven’s Employee Retirement Fund has invested in a hedge
Interview with Matt Mulry – Last year’s Weavering case, in which Justice Jones QC examined in detail the role of independent directors and the operation of a Cayman fund, proved to be a watershed moment for the Cayman Islands. Neither
Steben & Company, a provider of managed futures funds, has named Richard Kendrick as chief marketing officer. Kendrick, most recently with ProShare Advisors, will oversee all marketing and brand strategy for the firm. He reports to Ken Steben, president and
Multiplicity Partners has broadened its service offering to include valuation services and advisory on alternative investment strategy implementation and product selection. Roger Rüegg, partner at Multiplicity, says: “Our typical mandate on illiquid assets covers many aspects of the alternative investment
NewAlpha has launched NewAlpha Genesis 4, a contractual fund currently being established with a view to invest in French and foreign hedge funds run by early-stage fund managers. NewAlpha aims to raise EUR200m from European institutional investors, family offices, private
Apex Group, a global financial services provider, has appointed Andrew Macklin as General Counsel and member of its Executive Committee. Apex has expanded exponentially over the past eighteen months diversifying its product set following a number of bolt-on acquisitions around
