News

SEB’s Herrlin appointed global head of hedge funds

Former head of PB for SEB London takes over from Erika Lundquist


Aberdeen launches $500m liquid alts fund

Ucits vehicle marks firm’s first European liquid alts offering

Conquest Capital gains nearly 20% this month

Returns push systematic New York manager into top 20 performers, HSBC private bank data shows



News round-up: “Black swan” hedge fund up 11% this month

Austrian hedge fund Qbasis cashing in on market turmoil, Law firm Matheson defends use of charities and more …


$3bn Californian pension boosts hedge fund target by 1%

Samcera scheme adds to hedge funds and to alternative credit respectively


Regional futures industry associations announce merger

FIA, FIA Europe and FIA Asia to formally combine forces after global affiliation


Kovshov to launch Discovery Capital spin-out

Monolit Capital to be backed by Discovery founder Rob Citrone


Dutch pension rules could signal boost for hedge funds

New act to allow shared management of pension assets and pave way for greater hedge fund investment


News round-up: Pershing Square YTD gains wiped out

Investors pile back into Argentinian debt; Law firm defends use of charities to help hedge funds cut tax bills


Texan firm Cloverdale to open offshore feeder

$100m hedge fund firm aims to broaden investor base as it nears one-year anniversary


Blackstone senior MD joins Angelo, Gordon as head of credit

Joshua Baumgarten be oversee US and European distressed and leveraged loan strats


Cheyne Capital partner departs after two months

Robert Gagliardi left London manager last week


18% YTD gains nearly wiped out at HK-based Quam

China fund loses more than -15% MTD




Ex-Sentinal head trader ordered to pay $2m for misuse of customer funds

Civil penalties follow eight-year jail sentence over 2007 collapse of Illinois cash management firm


SS&C closes in on top admin spot after Citi acquisition

Combined AuA set to surpass $800bn


Texas pension makes $50m credit fund outlay

County & District scheme allocates to Davidson Kempner


Credit specialist launches hedge fund-backed investment firm

Karan Chadha launched Farlap Capital in June with £12m restaurant loan


News round-up: Odey’s main fund up 9% on China rout

Event-driven funds assess Shell/BG opportunities; and more…