Category Archives: Press Releases
TABB Group Says US & European OTC Derivatives Reform Implementation Will Cause Data Levels to Surge as Much as 400%
The implementation of OTC derivatives market reform will cause data levels to surge as much as 400% above current levels, says TABB Group in new research published today. Electronic trading, clearing, reporting, risk management and other Dodd-Frank Act and European […]
Fund Of Hedge Fund Industry M&A Trending Upward
Sadis & Goldberg Update – The alternative investment industry, and specifically the fund-of-funds space, seems to have reached an inflection point, as demonstrated by the recent surge in M&A activity. Based upon conversations with our clients, we expect that this […]
Dow Jones Credit Suisse Core Hedge Fund Index: Hedge Funds Hold Their Own in August
In one whiplash inducing week on Wall Street, markets have experienced some of the most extreme consecutive pricing swings on record, ultimately resulting in a 13.6% loss for the Dow Jones Global Index month-to-date (through August 10th). However, according to Oliver Schupp, […]
Wall Street’s Volatility Causes Investors to Consider Alternative Assets
SIOUX FALLS, S.D., Aug. 11, 2011 /PRNewswire/ — In just days investors have watched the Dow Jones Industrial Average descend from the 12,700 mark on July 21st to Monday’s close of 10,809. This has the financial world questioning traditional investment […]
Grubb & Ellis Completes Sale of Daymark Realty Advisors
SANTA ANA, Calif., Aug. 10, 2011 /PRNewswire/ — Grubb & Ellis Company (NYSE: GBE) today announced the sale of Daymark Realty Advisors, Inc., to a joint venture entity controlled by Sovereign Capital Management Group and Infinity Urban Century, an investment […]
Film Industry Experts Point Way to Indie Financing at Annual Film Finance Summit in New York
The 11th annual New York International Film & TV Finance Summit, presented by BNA / CITE will convene September 22nd -23rd, 2011, to explore ways in which independents can find financing to make, distribute, and market films – even in […]
Statement for the Treasury Borrowing Advisory Committee of the Securities Industry and Financial Markets Association
John Bellows: Acting Assistant Secretary for Economic Policy – Economic growth moderated in the first half of 2011. The advance estimate by the Bureau of Economic Analysis (BEA) is that real GDP rose by 1.3 percent at an annual rate […]
New Residency Ruling Creates Uncertainty For Taxpayers
Hedge Fund Client Alert: A recent decision issued by the New York Tax Appeals Tribunal which further expands the definition of “permanent place of abode” (PPA) opens the door to increased taxation for out-of-staters who own a second home in New […]
Hedge Fund Tech: Direct Access Partners and Paladyne Systems Team Up
Press Release – Direct Access Partners, LLC, (DAP), a leading multi-asset class trading and prime brokerage firm, and Paladyne Systems, Inc., the leading provider of next generation investment management solutions, today announced a strategic relationship to provide Paladyne’s turn-key technology […]
Athena Capital Advisors Announces Acquisition of Stonehorse Capital Management
Athena Capital Advisors, a Registered Investment Advisor providing investment advisory and management services to both private and institutional clients, today announced that it has acquired Stonehorse Capital Management, a fund of funds manager focused on emerging hedge funds (generally those […]
UBS’s Investment Banking department has made approximately 65 senior hires so far this year, including 15 MDs
UBS Appointment: Head of the Equity Capital Markets Financial Institutions Group, Americas We are delighted to announce that Jeff Evans will join UBS as a Managing Director and Head of the Equity Capital Markets Financial Institutions Group reporting to Tom […]
Record Electronic Foreign Exchange Trading Volumes in First Half of 2011
Press Release – Electronic trading in Foreign Exchange markets continued to surge in the first half of 2011, with Credit Suisse experiencing record trading volumes across its array of electronic FX offerings. This strong increase in volumes is testament to the marketplace’s […]