Tag Archives: independent validation


Prime brokers doing away with OTC ‘give ups’

February 18, 2009 : Permalink

West Palm Beach (HedgeCo.net) – Hedge funds of varying sizes report being given notice by prime brokers that OTC derivative give up arrangements will end – quickly. Funds ranging in size from $25M to $2.5B are being told new derivative […]

Millennium Outsources all Fund Managment to GlobeOp

January 8, 2009 : Permalink

West Palm Beach (HedgeCo.net) – Millennium Management LLC, a global multi-strategy investment management firm with over $11 billion in assets under management, has outsourced fund administration to hedge fund manager GlobeOp Financial Services. GlobeOp became administrator of record for all […]