Monthly Archives: September 2017
Hilltop Private Capital Names Moss To Partnership
(FINalternatives) Lower middle-market private equity specialist Hilltop Private Capital has named former Lincolnshire Management executive Ed Moss as a partner after twelve years as a Managing Director at Lincolnshire Management. To read this article:
Hedge Funds Are Hacking Blockchains to Guide Crypto Investments
(Bloomberg) Lucas Ryan of MetaStable Capital took a deep dive into the computer code underpinning the digital currency Monero to see if it worked as promised. He even took a core piece written in C ++, and rewrote it in […]
South Africa’s Capitalworks to Launch London Hedge Fund Business
(Reuters) South African private equity firm Capitalworks plans to launch a London-based business to provide financial and operational support for hedge funds, four sources with direct knowledge of the matter told Reuters. The new venture, Sephira Investment Advisors, marks the […]
Hugh Hendry Closes Hedge Fund After 15 Years as Losses Mount
(Bloomberg) Hugh Hendry, the hedge fund manager known for his provocative statements and contrarian views, is closing his Eclectica Asset Management following a 15 year run that ended with losses. “It wasn’t supposed to be like this,” Hendry said in […]
Seward & Kissel Study Reveals Side Letter Usage Rising Among Newer Managers
(FINalternatives) A new study by law firm Seward & Kissel on the use of side letters in the hedge fund industry reveals a dramatic increase in the deals amongst newer managers and a clear distinction between those investors who tend […]
Bitcoin Crashes After Chinese Exchange Says It Will Halt Trading
(Bloomberg) Bitcoin fell for a fifth day, the longest losing streak in more than a year, after one of China’s largest online exchanges said it would stop handling trades by the end of the month amid a government crackdown on […]
China to Propose Measures to Further Promote Foreign Investment
(Reuters) China’s cabinet will ask the commerce ministry to propose measures to further promote foreign investment, state radio said in a report on Wednesday on a cabinet meeting chaired by Premier Li Keqiang. The report did not give any details. […]
Opalesque Exclusive: Cryptocurrency investing: a lot of issues need to be addressed
(Opalesque) As the number of hedge funds investing in cryptocurrencies or in ICOs has been rising, so have concerns surrounding such investments. Steve Nadel, hedge fund attorney and partner at Seward & Kissel LLP in New York, talks to Opalesque […]
Barclays and Novus Launch Equity Index Family Based on Hedge Fund 13F Filings
(FINalternatives) Global financial services giant Barclays has announced the launch of a new index family in partnership with portfolio analytics provider Novus that is based on the public filings of hedge funds. The new family, named the Novus Barclays Public […]
AXA IM Latest Manager to Shoulder Research Costs Under MiFID II
(FINalternatives) Global multi-asset manager AXA Investment Managers, the fund arm of French insurer AXA, has joined the growing ranks of buyside firms that will underwrite the costs of sell-side and independent research once Europe’s MiFID II rules go into effect […]
Quantitative Hedge Fund Wunderkind Doesn’t Want to Move
(Dealbreaker) David Vogel’s pretty good with numbers… So annoyingly good that it led Quantitative Investment Management to hire him to run hedge-fund money, at which he has also proven annoyingly good, with his Voloridge Investment Management enjoying three-year annualized returns […]
Fund Manager Bets Millions That Traders Are About to Get Whipsawed by Volatility
(Marketwatch) If central banks want to keep saving the day, that is fine. But volatility will then be transmuted through other forms like populism and identity politics and threaten the fabric of democracy. And that is something that my hedge […]