Category Archives: Press Releases
Hedge Fund ‘Start-Up Kit’ Launch
SKCG Group, the risk management and insurance advisor to some of the world’s largest hedge funds, has designed a program for hedge funds that includes a ‘Start-Up Kit’ for emerging managers. The program grows in sophistication as the fund’s assets […]
SEC Extends Deadline for Currently Unregistered Investment Advisors
Rothstein Kass – The U.S. Securities and Exchange Commission (SEC) extended the registration deadline for currently unregistered investment advisors to March 30, 2012. In addition, the SEC adopted rules to implement Title IV provisions of the Dodd-Frank Act relating to […]
Northern Trust Launches Intraday Automated Updates for Hedge Fund Managers
New York (HedgeCo.net) – Northern Trust has enhanced its Hedge Fund Monitor product with a series of new features designed to improve automation and straight-through processing, enabling Northern Trust’s Funds of Hedge Funds (FoHF) clients across the globe to access performance, […]
Summer Issue of aiCIO: Hedge Funds of Funds Must Adapt or Die
” The End of the 3 and 30 “, from the summer issue ofaiCIO, published today, looks at how hedge funds of funds must adapt or perish, and concludes that a large number will fold regardless of what they do. […]
Hedge Fund Launches: Direxion’s Five New Leveraged and Inverse ETFs
Direxion, a pioneer in providing alternative investment strategies to sophisticated investors, is launching five new Direxion Daily ETFs to its existing lineup of multi-directional funds. The new ETFs include: Bull and Bear funds that seek 300% of the daily performance, […]
BNY Mellon Asset Management Names Alan Harden as CEO of Asia-Pacific
BNY Mellon Asset Management has announced the appointment of Alan Harden as CEO of Asia-Pacific. He will report to Curtis Arledge, vice chairman of BNY Mellon and chief executive officer of BNY Mellon’s Investment Management division, which includes the asset […]
Frost Investment Advisors’ mutual funds reach $2.5 billion in assets under management
Frost Investment Advisors, LLC, a registered investment adviser, today announced that its Total Return Bond Fund (FIJEX) has surpassed $500 million in assets under management, more than doubling since its launch in 2008. As of April 30, the fund ranked […]
BluMont Completes Hedge Fund Merger
BluMont Capital Corporation announced today that the merger of BluMont Core Hedge Fund into Exemplar Market Neutral Portfolio has been completed. The termination of the Core Hedge Fund was effective as of May 27, 2011. In that regard, BluMont Capital […]
Highland Capital Management Responds to Lawsuit from Houston Municipal Employees Pension System
Highland Capital Management, L.P., a Dallas-based, SEC-registered investment adviser with approximately $23 billion in assets under management issued the following response to a lawsuit from the Houston Municipal Employees Pension System: Highland Capital believes this lawsuit is both without merit […]
Palmer Square Capital Management Announces Launch of its First Mutual Fund
Palmer Square Capital Management, a manager of hedge fund-of-funds partnerships and customized alternative investment solutions, today announced the introduction of the Palmer Square Absolute Return Fund, its first open-ended mutual fund. Launched in partnership with Montage Investments, the objective of […]
Hedge Fund People: Sean Foley Appointed CFO and CAO at Butterfield Fulcrum and FORS
New York (HedgeCo.net) – Hedge fund administrator Butterfield Fulcrum and wealth manager, FORS Limited, have appointed Sean Foley as Chief Financial Officer and Chief Administration Officer. “We are delighted to expand Sean’s role within the new entity, providing continuity to […]
Hedge Fund People: Crestone Capital Advisors LLC Names Jennifer Hardy Chief Compliance Officer
Crestone Capital Advisors LLC, an independent wealth management firm with a singular focus on serving ultra-high-net-worth individuals and families, announced that it has named Jennifer Hardy as Chief Compliance Officer. Ms. Hardy joined Crestone Capital Advisors in 2006 and most […]