Tag Archives: cayman islands
Advanced Fund Administration (AFA) recognized for “Best Offshore Fund Administration (2015) – Cayman Islands” by AI Offshore
User Contributed News – We are extremely honoured to have been recognized for Best Offshore Fund Administration – Cayman Islands. AFA is a SOC I compliant fund administration firm offering a boutique service approach, providing comprehensive and cost effective solutions […]
Dynamic Hedge Fund Chairman Says Fraud Allegations ‘Unfounded’
Bloomberg – Alberto Micalizzi, founder of the hedge fund firm Dynamic Decisions Capital Management Ltd., said allegations that he invested in worthless bonds are unfounded and investors will recover close to 100 percent of their money. The firm’s main hedge […]
RCM plans new hedge funds to boost sector assets
Guardian – RCM, Allianz’s equity fund management unit, is launching two new hedge fund products aimed at increasing its assets under management in the sector by more than 50 percent, its Chief Investment Officer said. Andreas Utermann told Reuters that […]
Madoff trustee says Cayman and Bermuda funds ignored lawsuits
Caribbean Net News – The trustee liquidating Bernard Madoff’s business told a judge that two Cayman Islands and Bermuda hedge-fund firms accused of profiting from the fraud are ignoring his lawsuits seeking a total of $230.7 million in damages. Trustee […]
Hedge Funds Care and CAYS partner
Caymen Net News – The CAYS Foundation is continuing its work with the Cayman Islands’ youth, raising awareness and addressing the issues of child abuse and neglect, through funding from a Hedge Funds Care Cayman (HFCC) grant. Among the many […]
Steel Partners says Icahn fights on in Caymans
Reuters – Carl Icahn and other investors who failed to block Steel Partners’ plan to convert a hedge fund into a listed partnership in Delaware court, continue to fight the plan in the Cayman Islands, Steel Partners said on Thursday. […]
At Nadel hearing, new fund surfaces
Herald Tribune – At a bail hearing in which Arthur G. Nadel was sent back to his cell to come up with better co-signers, a federal judge heard from the receiver in the case about a previously unknown multimillion-dollar hedge […]
Cayman Islands in the Foreign Press
Caymen Net News – Hedge funds and financial institutions based in the Cayman Islands have been pulling their money out of Britain as they are hit by the credit crunch, according to figures from the Bank of England. The low-tax […]
Hedge funds in Cayman Islands withdraw from UK banks
Hedge funds and financial institutions based in the Cayman Islands have been pulling their money out of Britain as they are hit by the credit crunch, according to figures from the Bank of England. The low-tax regime and limited regulation […]
Properties Searched in UK/Cayman Hedge Fund Investigation
West Palm Beach (HedgeCo.net) – The UK Serious Fraud Office, (SFO) Friday conducted searches on two residential properties (one in Kent, the other in Surrey) assisted by the City of London Police, in connection with its investigation into an alleged […]
Hedge Funds Care gives grant
Caymen Net News – After an intensive grant selection process, Hedge Funds Care has agreed to distribute the US$247,647 raised at the 14 November 2008 event to support local projects designed to treat and prevent child abuse and neglect in […]
Cayman Islands charges Robert Girvan in fund failure
Jamaica Observer – A Jamaican investment manager in the Cayman Islands has been charged in the collapse of four hedge funds based in the Caribbean offshore financial centre. Robert Christopher Girvan was charged with forgery, obtaining a money transfer by […]
