News

News round-up: BoE chief frontrunner for FCA role

Andy Haldane tipped for watchdog leadership; Man Group executive quizzed in China; and more…


New York City

Trio spinning out of Platinum Partners for TMT/industrials launch

Brothers Adam and Greg Brenner and Mikal Patel to launch Oribel Capital later in the year

Global macro/event driven hit hardest in sell-off, says Lyxor

Global macro funds on Lyxor’s managed account platform fell -4.1% last week



News round-up: Man Group’s China chief said to be assisting police

Daniel Zwirn teaming up with Westaim Corporation to launch Arena Finance Company and Arena Investors


Alt Ucits data firm LuxHedge acquired by Finvex Group

Brussels-based consulting firm buys Lux firm for an undisclosed sum


Ex-SAC Capital trader re-emerges with L/S equity vehicle

Forrest Fontana launches new fund after settling SEC allegations in 2011


NFA board approves cyber-security guidance

The NFA board has approved new cyber-security guidance for members and has put the topic at the core of its... Read More


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