Solutions
Harneys operates through 14 international locations and its global funds practice advises on all aspects of offshore investment funds, establishment, maintenance and restructuring both in distressed and planned scenarios. The firm’s global investment funds practice continued to grow in 2017, particularly in Cayman and Hong Kong. Harneys is now fully entrenched in the Cayman Islands, celebrating its 10th anniversary this year. Its market disrupter approach and mentality has taken the offshore investment funds market by storm.
“It’s a conscience decision to be the market disrupter. It’s who we are. It’s in our DNA,” says Ian Gobin, who heads-up the Cayman
Whereas a few years ago, managers were jumping in to the ’40 Act mutual fund market to either launch standalone alternative mutual funds or become sub-advisors to multi-manager products, the fact is that there are so many regulations, that trying to replicate a hedge fund strategy – or even a diluted version of it – is difficult.
A potentially more effective alternative is the unlisted closed-end fund (CEF); also known as an interval fund or tender-offer fund
UMB Fund Services’ (UMBFS) Registered Fund Solutions platform gives managers the opportunity to launch an unlisted CEF which may take daily subscriptions but
Derivitec Ltd was born in 2011. Initially, it started life as a derivatives analytics software vendor. “Then I started to do some deep-dive market research into who in the market was successful and why. Two points clearly stood out in my mind: ease of use, and scalability,” says George Kaye, founder and CEO of Derivitec.
The firm’s central philosophy, he says, is to make it as easy as possible for people in the financial industry to provide validated risk management reporting: “That includes everyone from small hedge funds to global sell-side institutions.”
At the heart of the Derivitec model is
“When I look back at what we’ve been able to accomplish, 2017 was a pivotal year for us in terms of establishing our unique identity,” says Jeffrey Solomon, CEO of Cowen, of which Cowen Prime Services is a core division.
“During 2017, we unveiled our new firm brand identity which highlights our commitment to ‘outperform’ in all of our business endeavours. It crystallises our mission at Cowen: To advise and connect aspirational users and providers of capital to help both of them outperform.”
In an investing world that is split between those who engage in active investing and those who
Award-winning hedge fund and private equity administrator, JP Fund Administration (Cayman) Ltd, has grown its Assets Under Administration (AUA) to more than USD5 billion, bringing the JP Integra Group total AUA to more than USD6 billion.
JP Fund Administration is one of the three core operating companies that comprises the JP Integra Group; the other two being: JP Integra Trust Company (Cayman) Limited and JP Management Services Limited. All three companies are headquartered in Cayman and are licensed by CIMA.
“We are delighted by the growth of our AUA, especially as it has been built up by new private equity
JonesTrading’s heritage goes back seven decades following the Great Crash. George Jones, Sr, the grandfather of current chairman, William “Packy” Jones, was one of the principals of equity brokerage firm, Mitchum & Tully, later to become Mitchum, Jones & Templeton in the 1950s. Jones Sr helped grow the firm into the largest equity brokerage headquartered outside of New York. The firm’s outsourced trading office is based in Charleston, South Carolina.
Over the decades, JonesTrading has had a singular focus: securing liquidity for its clients, regardless of style or strategy. Clients rely on JonesTrading to proactively source the liquidity needed to
DMS Governance (DMS) is the worldwide leader in fund governance representing leading investment funds with assets under management exceeding USD350 billion.
DMS excels in delivering high-quality Fund Governance, Risk and Compliance services across a diverse range of investment fund structures and strategies.
As well as supporting clients who wish to launch UCITS funds or Alternative Investment Funds, using DMS Investment Management Services (Europe) Limited (DMS IMS) as the appointed AIFM or UCITS management company, DMS can also provide MiFID services, such as trade execution, verification and settlement through its MiFID firm, DMS Market Access. This is a huge value-add that
By Eze Castle Integration – Times have changed. There is little doubt that the alternate investment industry has evolved in recent years with the rise of new regulations, the wide spread adoption of cloud services and deep focus on cybersecurity risks.
But what effect do these changes have for the person responsible for technology at a hedge fund, private equity or investment firm? As a Chief Technology Officer (or comparable role: Director of IT, Chief Information Officer, etc.), one has historically been responsible for day-to-day IT functions and routine technology refreshes. But as the industry has experienced rapid change over
By Mary Beth Hamilton, Eze Castle Integration – Hedge fund assets have hit record highs in each of the five past quarters, to some $3.2 trillion, and will grow by 5.5% over the next 12 months, according to Don Steinbrugge, head of Agecroft Partners. With this performance and 2018 well started, new hedge funds are looking to launch.
Technology is just one of the many areas to consider when starting a hedge fund. To help jump start the process, below is a list of some commonly asked questions we receive.
Where do I start in creating a technology budget for my hedge
big xyt, an independent provider of high-volume, smart data and analytics capabilities, has added enhanced functionality on its Liquidity Cockpit dashboard, designed to provide greater transparency on over-the-counter (OTC) equities activity, including Systematic Internaliser (SI) transactions.
The latest functionality, called ‘Liquidity Type’, has been developed in response to a strong desire among practitioners for the identification of addressable activity within OTC and SI trade reports. It has become apparent that a high proportion of activity labelled as SI is non-addressable, such as technical trades. This is also evidence that SI transactions are being reported twice, as participants continue to become
