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Global advisory, fund administration and fiduciary services firm Maitland has hired Scott Price to spearhead its ambitious growth aims in the US market. Price will be joining the firm as Head of Business Development and Client Management for North America.
The announcement comes during a period of rapid global growth for Maitland, following hot on the heels of its expansion into the UK market via the acquisition of Phoenix Fund Services.
Price will be responsible for leading sales and client management efforts across the continent. The hire also coincides with Maitland’s rebranding of its US operations (previously known under the
BNY Mellon has been appointed trustee and paying agent for Bosphorus CLO I Limited. It is Commerzbank’s first European CLO and is being managed by the bank’s Debt Fund Management division.
The EUR233.4 million collateralised loan obligation (CLO) will securitise a portfolio of senior secured loans and bonds granted to European companies. Sterne Agee & Leach, Inc is acting as arranger and also making its debut in the European CLO market.
CLO issuance in Europe in 2014 reached EUR14.29 billion, which was double the issuance of the previous year. BNY Mellon acted as either paying agent or trustee on more
Custom House Fund Services has opened a new Hong Kong office, significantly expanding its presence in Asia-Pacific and offering for hedge and private equity funds operating within the region.
With the addition of Hong Kong, Custom House now serves its clients from 13 global locations.
Operating as Custom House Fund Services Limited, the office opened earlier this month and will be headed by Tony Kan. As part of the regional expansion, Custom House is enhancing its technology platform to provide a Chinese-language portal and website for clients and underlying investors allowing them to view their NAV statements and fund
The Cayman Islands and Hong Kong based boutique legal firm Travers Thorp Alberga has continued its recruitment drive with the addition of a new partner and two senior associates to the firm’s team.
Senior Partner Anthony Travers, says: “The results and the expansion of our new firm are both well ahead of predictions.”
Louise Freestone, Partner, is a corporate and funds lawyer with over 20 years of legal experience both in private practice in the City of London (Herbert Smith) and in-house as general counsel to a private investment management firm. Lou Freestone ise has significant experience in mergers,
Macro Risk Solutions (MRS), a leading investment advisor providing innovative risk and hedging products and solutions to institutional investors, has expanded its analytics team with the hire of Linfeng Liu as a Portfolio Analyst.
With the addition of Liu, MRS expands its ability to provide institutional investors with hedging and convexity solutions that optimize overall portfolio performance.
“Linfeng brings proven expertise in multi-asset class derivatives structuring and valuation," says Ryan Dow, Principal at MRS. "Our institutional investor client base continues to seek our help in distilling the macro risk landscape and designing and managing products and solutions that can serve
Macro Risk Advisors (MRA) has expanded its Risk Strategy team with the addition of Ling Zhou as an Equity Derivatives Strategist.
The addition of Zhou demonstrates MRA’s continued effort to offer exceptional and timely analysis of global market risk to its institutional investor client base.
“Ling brings a strong base of equity derivatives knowledge and an exceptional ability to develop quantitative tools," says Pravit Chintawongvanich, Head of Risk Strategy at MRA. "Our institutional client base continues to seek our help in valuing products with embedded optionality. Ling’s product knowledge furthers our mission in this area.”
As the firm expands its
DigitalTangible, a decentralised gold, precious metals and bitcoin exchange has rebranded as Serica as it broadens its investment platform offerings to global traders, investors, and merchants.
Serica is aiming to provide smooth trading of any valuable, physical asset and digital money, in ways that have traditionally been considered impossible or extremely difficult.
Serica’s rebrand coincides with upcoming launches of its newest product offerings linking bitcoins, the bitcoin blockchain technology, to valuable, physical assets around the world. Serica’s broadened ability to trade assets beyond precious metals includes new verticals such as real estate, soft commodities, and even farmland. Serica also establishes
Gabelli Securities, a 94 per cent owned subsidiary of GAMCO Investors, has appointed David L Fitzgerald as General Counsel and Chief Compliance Officer of the firm’s alternative investment fund business, Gabelli & Partners.
Gabelli Securities currently has approximately USD1 billion in assets under management. Fitzgerald will be responsible also for compliance and legal oversight for the GAMCO International SICAV, the firm’s Luxembourg-based UCITS fund business.
Agnes Mullady, President and COO of the Fund Division of Gabelli Funds, says: "As we enter a major growth phase in our business globally, we are pleased to have the benefit of David's significant knowledge
Ada Investment Management, an investment manager offering alternative equities-based investment programs to institutional investors, has appointed Nikhil Sudan as a Principal and Chief Operating Officer (COO).
In his new role, Sudan will be responsible for the firm's business operations and technology, reporting to Dr Vinay Nair, Founding Principal of Ada Investments.
Sudan joins Ada Investments from Bridgewater Associates, a global investment manager, where he drove strategic multi-year transformations in technology management and middle- and back-office operations. Prior to joining Bridgewater in 2010, he served as a senior management consultant at McKinsey & Company, which he joined in 2005 and where
Hong Kong-based hedge fund LIM Advisors has appointed Donald Ewer as head of Asian fixed income and credit.
Ewer’s wealth of experience in Asian fixed income and credit investing and other asset classes will enhance LIM’s ability to take advantage of opportunities across fixed income and credit in Asia as the markets shift.
Ewer, who has accumulated enormous experience in the key global financial centres of London, New York and Hong Kong, has deep knowledge across various asset classes and markets including convertibles, volatility trading, and equity long short.
He is an expert in Asian fixed income and
