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The GIB Emerging Markets Opportunities Fund, the flagship hedge fund of GIB (UK), has appointed Barclays Bank to provide additional prime brokerage services to the fund, alongside existing prime broker, Credit Suisse Securities (Europe) Limited.
Managing Director and Chief Executive Officer of GIB UK, Mark Watts (pictured), says: “The appointment of Barclays, to complement Credit Suisse, is key to our strategy of growing the fund. At over USD300 million in Assets Under Management (AUMs), the fund has been providing top decile risk adjusted returns, (based on the Fund’s Sharpe Ratio compared to EuroHedge league table peers), to investors for over three
MIK Fund Solutions has opened a Boston office seed with three staff currently. The move follows a recent initiative in Asia that saw the opening of an office in Shanghai.
The Boston office opens up a completely new talent pool for recruiting and hiring for MIK’s global development team. Overall, it will support the firm’s 24×7 global delivery model for software development and client support.
Over 60 multi-billion dollar hedge funds, fund of funds, and private equity funds rely on MIK for sophisticated software solutions for real-time PNL, Data Warehousing, Performance/Attribution, Compliance, Treasury Management, Security Master/Price Management, and Broker Relationship
Wavelength Capital Management, a provider of liquid alternative investments and portfolio solutions, has appointed Mark Landis as Co-Managing Partner, effective immediately.
Landis joins Wavelength from Societe Generale where he was most recently Head of Fixed Income and Currencies for the Americas. Before joining Societe Generale in 2011, Landis was a member of one of the Tiger Management "cub" firms, Touradji Capital. Prior to that, he spent 14 years at Credit Suisse where he rose to the position of Global Co-Head of Fixed Income Sales and Research and was a member of the firm's Operating Committee.
"Mark has a track record
The TCW Group, a global asset management firm, has appointed Felice Shiroma, as a senior portfolio specialist and client portfolio manager for the TCW Relative Value Group.
In this capacity, she is responsible for managing client relationships and representing the firm’s Relative Value equity products, including the TCW Relative Value Large Cap, the TCW Relative Value Dividend Appreciation, and the TCW Relative Value Mid Cap strategies and funds. Shiroma is based in TCW’s New York office and reports to Diane Jaffee, CFA, Group Managing Director of US Equities and Senior Portfolio Manager.
“Having worked in the industry for 25 years
Diamond Hill Investment Group has appointed Tom Skowron as a portfolio specialist.
Skowron will primarily be focused on supporting Diamond Hill's fixed income strategies working closely with Strategic Income portfolio managers Bill Zox, CFA and John McClain, CFA. He brings 23 years of investment industry experience, most recently with JPMorgan Asset Management's High Yield team in Cincinnati, Ohio.
"Tom brings broad experience across multiple investment strategies," says Lisa Wesolek, Chief Operating Officer and Head of Distribution. "We are especially excited about his experience with the high yield asset class and expect him to immediately add value for our fixed income
bfinance has made two new appointments to its investment teams – Witold Witkiewicz joins as a Director in Private Markets and John Amoasi joins as a Senior Associate in Fixed Income.
Prior to joining bfinance, Witold was a portfolio manager, co-managing the funds of Aeriance Investments, a European real estate debt platform with transactions in excess of EUR1bn. He also managed a discretionary long/short account of global REITs equities which was ranked in the top 10 globally in its category by BarclayHedge. Prior to that he was Head of European Credit at Woodbourne Investment Management, a US based hedge fund
MarketAxess Holdings has enhanced its European credit trading platform with the addition of a further four market-making broker-dealers.
The new dealers providing liquidity to institutional investors in European credit are: Australia and New Zealand Bank (ANZ), Canadian Imperial Bank of Commerce (CIBC), Mizuho, and Toronto-Dominion (TD). This brings the total number of broker-dealers on the European platform to 34.
Through its Singapore branch, MarketAxess Europe has also recently enhanced liquidity in Asian credit with the addition of DBS Bank. This brings the total number of broker-dealers providing liquidity for Asia Credit during Asia trading hours to 26.
Today, over 90
Global valuation and corporate finance advisor Duff & Phelps has promoted eight new managing directors.
“These eight professionals personify Duff & Phelps’ commitment to best-in-class expertise and superior client service,” says Noah Gottdiener, CEO of Duff & Phelps. “I welcome the diversity of skill they bring to our already talented team of managing directors and wish them ongoing success at our firm.”
Ann Gittleman is based in New York and is part of the Disputes and Investigations practice, having joined the firm with the recent Kinetic Partners acquisition. Gittleman acts as a consulting and testifying expert to her clients in
John P Fraunces, Jr has been named Co-Portfolio Manager of Turner Investments Global Medical Sciences strategies, bolstering the firm’s healthcare sector investment team.
Fraunces joins Michael Tung, MD, in managing Turner’s Medical Sciences Long/Short Fund, which was launched in February 2011.
“John’s strong technical background in healthcare, combined with the effective risk-management discipline he has demonstrated throughout his professional career, will complement the great research and stock selection capabilities of Turner’s healthcare team,” says Stephen J Negrotti, President and CEO of Turner Investments.
Northern Trust’s hedge fund administration business, Northern Trust NTRS, has appointed David Burnett (pictured) as head of Northern Trust Hedge Fund Services in Europe, Middle East and Africa (EMEA).
Based in London, Burnett will lead Northern Trust Hedge Fund Services in EMEA, reporting to Peter Sanchez, global head of Northern Trust Hedge Fund Services.
“Managing hedge funds amidst the challenges of today’s market environment requires the right combination of expertise, automation and controls,” says Peter Sanchez, global head of Northern Trust Hedge Fund Services. “David has been instrumental in integrating Hedge Fund Services in EMEA and his invaluable experience will
