News For Dec 15, 2010

BlueCrest makes senior global emerging markets hire
Dec 15, 2010

BlueCrest Capital Management has hired Jaime Valdivia as head of global emerging market research and strategy. Valdivia was previously a partner, portfolio manager and director of global macro research specialising in global sovereign credit and rates strategy at the Emerging Sovereign Group.


Preqin polls shows alternative asset manager disapproval of AIFMD
Dec 15, 2010

Hedge funds have expressed disapproval of the European Union’s (EU) alternative investment fund managers directive (AIFMD) with 89% of managers telling research specialists Preqin it should be amended further to take into account different asset classes.


AlphaMetrix acquires Spectrum Global Fund Administration
Dec 15, 2010

AlphaMetrix has acquired Spectrum Global Fund Administration and will incorporate Spectrum’s operations onto its platform.


Investcorp adds Ballast Capital Management to single manager platform
Dec 15, 2010

Investcorp has formed a strategic relationship with New York-based hedge fund manager Ballast Capital Management. The long/short equity fund is the latest addition to Investcorp’s single manager platform.


State Street to provide fund administration to LibreMax Capital
Dec 15, 2010

State Street Corporation is to provide fund administration to LibreMax Capital, a New York-based hedge fund that launched in October 2010.


Auriel launches dynamic currency hedging programme
Dec 15, 2010

London-based investment management firm Auriel Capital Management has launched a dynamic currency hedging programme for institutional investors with the backing of a $1.1 billion mandate from a US corporate pension plan.


UMB Fund Services to give back office support to Gottex
Dec 15, 2010

UMB Fund Services (UMBFS) and its alternative investments division JD Clark & Company (JDC) have been selected to provide back office services for Gottex Fund Management’s two new registered funds.